Solana gains institutional traction with E*Trade, Ramp launches

Morgan Stanley's ↘ 0.33% E*Trade platform has completed the rollout of spot cryptocurrency trading for Bitcoin, Ethereum, and Solana, while Circle's stablecoin operations and a new business payments product from Ramp underscore Solana's expanding role in institutional finance.

E*Trade Opens Crypto to Millions

E*Trade officially launched spot crypto trading on July 16, allowing eligible U.S. clients to buy, sell, and hold BTC, ETH, and SOL directly within their brokerage accounts. The service charges a flat 0.50% commission per trade with no additional spread or markup, and supports 24/7 market and limit orders ranging from $10 to $500,000.SolanaCompass+3

Trades are executed and custodied through a linked Zero Hash account rather than by Morgan Stanley itself, and clients can view digital assets alongside traditional holdings. External wallet transfers and FDIC or SIPC coverage are not yet available, with Morgan Stanley expecting transfer functionality later in 2026. The platform served 8.7 million self-directed households as of June 30, 2026, making Solana's inclusion as one of only three launch assets a notable endorsement of the network.BingxOfficial+3

$330 Million Stablecoin Surge

Solana recorded $330 million in stablecoin inflows within a single 24-hour window, primarily driven by Circle, the issuer of USDC. The inflow, reported on July 21, adds to Circle's already substantial 2026 minting activity on the network — the company had minted over $6.4 billion in USDC on Solana by early July. Circle ↗ 0.29% set a weekly record in April by issuing $3.25 billion in USDC on Solana alone.Odaily+3

Ramp Brings Stablecoin Accounts to 70,000 Businesses

Separately, financial platform Ramp launched stablecoin accounts on Solana, enabling its more than 70,000 business customers to hold USDC or USDT and execute 24/7 cross-border payments through existing approval and accounting workflows. The Solana account posted on July 20 that Ramp had opened stablecoin accounts and payments to its full customer base, settling on the Solana network.BBX+3

The convergence of a major brokerage, stablecoin infrastructure, and corporate payments on a single network marks a shift in how traditional finance engages with Solana — no longer solely as a speculative asset, but as plumbing for digital dollar settlement.