Key ideas from Nick Ducoff

• Solana network KPIs are at all-time highs despite price volatility, unlike previous crypto cycles where both metrics declined together
• Real-world assets on Solana grew from zero to $1.7 billion in just a couple years, with BlackRock's BUIDL reaching $500+ million
• Figure's HELOC token (Prime) scaled to $350 million in two months after launching in December at Breakpoint
• Solana processes 160 million transactions daily with over two years of zero downtime, proving network resilience at scale
• Asset managers have clearest adoption path while banks await regulatory clarity and institutional investors need better tooling
• Municipal bonds and real estate tokenization represent major untapped opportunities for blockchain-based asset issuance
• Global 'unbrokerage' opportunity exists as 40 million Pakistanis have crypto wallets versus only 300,000 with brokerage accounts
• Canonical tokenized versions of major assets will emerge over time, similar to how VTI dominates S&P 500 ETF market