SOL is currently holding above $137, although it has given back most of Monday's gains. But the key news in the past two days is that Morgan Stanley submitted a spot Solana ETF application to the U.S. Securities and Exchange Commission yesterday. What does this mean? Wall Street is no longer just testing the market but is actually building out a product line. Once such ETFs are approved, the gate for traditional capital to flow into Web3 will open—this has profound implications for the entire cryptocurrency ecosystem.