Solana and the Future of Programmable Capital Markets

The replay is now available from our session with Sean Farrell, Head of Digital Assets Strategy at Fundstrat, and Lily Liu, President of the Solana Foundation. In this focused discussion, they break down: -Solana’s role as a global settlement layer for programmable capital markets -How on-chain activity translates into SOL value, yield, and investor returns -Institutional adoption and the pipeline for tokenized financial assets -Competitive positioning, key risks, and forward-looking catalysts Video time stamp: 00:00 Intro 06:28 Lily Liu's path to the Solana Foundation 08:53 The investment thesis for $SOL 15:36 How the $SOL token accrues value 19:02 The metrics Lily actually watches 22:07 Inside Solana's 2025 breakout year 41:14 The memecoin question 45:41 Solana's uptime: what changed in 2022 and 2023 48:43 The biggest risks Lily sees right now 51:18 Catalysts: perps, payments, and the machine economy 54:52 Q&A: quantum, decentralization, ETF staking Follow Fundstrat Direct on socials: X/Twitter→ https://x.com/FundstratDirect LinkedIn → https://www.linkedin.com/company/fundstrat-direct/ TikTok → https://www.tiktok.com/@fundstrat_directt Facebook → https://www.facebook.com/fundstratglobal Instagram→ https://www.instagram.com/fundstratdirect/ Disclosures: https://fundstratdirect.com/disclosures/ The Solana Foundation has engaged Fundstrat’s services and has permission to distribute this material. This event and reports included are intended for research and educational purposes.