#lower fees

➤ Solana has emerged as a dominant platform for tokenized equities, capturing 64% of on-chain stock ownership wallets. ➤ This growth is attributed to lower fees and faster settlement times, attracting significant retail participation. ➤ While tokenized equities are still a small fraction of traditional markets, Solana's increasing role could position it as a key gateway for tokenized real-world assets.

➤ Morgan Stanley is piloting a crypto trading service on its E*Trade platform with lower fees than competitors like Coinbase and Robinhood. ➤ This move aims to reduce reliance on crypto intermediaries and provide direct access to digital assets through familiar banking services. ➤ The initiative intensifies competition in the retail crypto market, with Morgan Stanley also exploring tokenized equity trading and expanding its digital asset product offerings.