$1.4 Trillion Crypto Exchange Bullish Goes All In on Solana Network
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- Bullish migrates entire exchange infrastructure to Solana blockchain network.
- Solana-native stablecoins to power Bullish’s custody and settlements.
- $1.4 trillion crypto platform embraces Solana for institutional operations.
Bullish, a major institutional cryptocurrency exchange, has confirmed it is moving its entire infrastructure to the Solana blockchain. The shift includes all core operations such as custody, payments, trading, and settlement, and will now rely exclusively on Solana-native stablecoins.
According to an official update shared by Solana on X, Bullish is making this transition as part of its broader strategy to streamline operations and boost efficiency. Bullish is one of the most popular centralized exchanges in the crypto sphere, with a total trading volume of more than 1.4 trillion dollars.
Also Read: XRP Set for a Massive Breakout in 2025 — Here’s What’s Fueling the Rise
The company’s full integration with Solana indicates an interesting change in the way institutional platforms communicate with blockchain networks.
This makes it clear that more and more institutions are putting faith into Solana’s capacity to manage mass operations. Solana’s blockchain network can be characterized by high transaction speeds and reduced operations costs compared to other more popular networks.
All these attributes eventually played a role in the adoption of Solana within Bullish’s ecosystem.
Bullish is licensed in primary financial jurisdictions like Hong Kong, Germany, and Gibraltar. These places are regarded as crucial financial inlets, and Bullish’s adoption of Solana is even more meaningful in terms of its impact on the global market.
The exchange’s move allows the company to strengthen its status as an alternative to conventional financial infrastructure, such as SWIFT, and a rival to Ethereum.
Institutional Confidence in Solana Strengthens with Strategic Integration
The migration will enable Bullish to manage cross-platform asset movement, settlements, and transactions more efficiently using blockchain rails. This marks a clear step away from legacy systems and moves towards fully decentralized financial technology for core services.
In the last few months, Solana has been experiencing increased usage among large financial entities. Other companies like PayPal, Fiserv, and R3 have adopted the Solana blockchain along with Bullish to implement diverse applications. The gradual increase in stablecoins’ operation on the network is also making it gain more institutional significance.
When the announcement was made, Solana was trading at 153.79, which represents a 1.95 percent increase in the past 24 hours. The trading volume also increased by 4.06 percent to $4.24 billion.
Bullish’s full-scale migration to Solana highlights a significant moment for blockchain adoption in finance. The move solidifies Solana’s role as a core infrastructure choice for leading crypto institutions.
Also Read: Bitcoin (BTC) Inches Toward $112,000 as Ethereum (ETH), XRP Post Impressive Weekly Gains
The post $1.4 Trillion Crypto Exchange Bullish Goes All In on Solana Network appeared first on 36Crypto.
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