Wall Street Giant Morgan Stanley Seeks to Launch Staking-Enabled Solana Fund

The financial spotlight today turns to Solana, as banking behemoth Morgan Stanley makes a decisive move into the digital asset space. The firm's filing for a novel investment product signals a potential gateway for millions of its clients to gain exposure to the blockchain, while newly released metrics underscore the network's transition beyond pure speculation toward substantive revenue generation.

In a significant development, Morgan Stanley has submitted an S-1 registration form to the U.S. Securities and Exchange Commission (SEC). The filing outlines plans for a Solana Trust with a distinctive feature: it explicitly includes provisions to stake the underlying SOL tokens. The rewards generated from this staking activity are designed to accrue to the fund's net asset value (NAV).

This initiative represents a strategic evolution for Morgan Stanley, shifting from its previous role as a distributor of third-party crypto products to becoming a direct issuer. Should regulatory approval be granted, the bank's more than 19 million wealth management clients would gain a direct conduit to Solana investment. This move aligns with growing institutional appetite, as evidenced by existing Solana investment vehicles recording net inflows for 20 consecutive days.

Ecosystem Metrics Reveal Robust Growth

The optimistic sentiment is further bolstered by Solana's newly published annual report for 2025. The data depicts a maturing blockchain ecosystem generating significant real-world economic activity:

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• Record Protocol Revenue: Applications built on Solana generated approximately $2.39 billion in fees during 2025, marking a 46% increase year-over-year.
• Dominant Settlement Layer: The network processed a staggering $11.7 trillion in stablecoin transfer volume, solidifying its role in global value transfer.
• Expanding User Base: Daily active wallets surged by 50% to reach 3.2 million, indicating robust adoption.

Price Action and Technical Landscape

Market participants reacted swiftly to the news. Trading volume spiked by 43% to $5.1 billion, suggesting renewed interest and high liquidity. Solana's price currently stands at $140.43, reflecting a weekly gain of over 14%.

From a chart analysis perspective, market experts are now watching two key levels. Support is seen around the $117 zone, while a major resistance barrier exists at $147. A sustained breakout above this resistance could potentially open a path toward the $167 price target.

DeFi Innovation Drives Adoption

Within Solana's own ecosystem, specific protocols are pioneering advanced use cases. The Jupiter aggregator is bridging decentralized and traditional finance with its new "JupUSD" stablecoin, which integrates reserves from products like BlackRock's BUIDL fund. Meanwhile, the decentralized exchange PumpSwap continues to capitalize on sustained memecoin trading demand, recently reporting a daily trading volume of $1.2 billion.

The confluence of institutional adoption through Morgan Stanley's push and a fundamentally strengthening ecosystem currently sets Solana apart from broader market stagnation. The immediate focus now turns to whether the elevated trading volume will provide sufficient momentum for a decisive and sustained breach of the $147 technical resistance level.