{"id":63191,"date":"2025-12-12T04:02:50","date_gmt":"2025-12-12T04:02:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63191"},"modified":"2025-12-12T04:02:50","modified_gmt":"2025-12-12T04:02:50","slug":"is-jpmorgan-chases-shift-to-solana-the-start-of-a-new-era-in-on-chain-financial-instruments","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63191","title":{"rendered":"Is JPMorgan Chase\u2019s Shift to Solana the Start of a New Era in On-Chain Financial Instruments?"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">JPMorgan Chase, the country\u2019s largest bank, has <\/span><a class=\"general-link\" href=\"https:\/\/www.jpmorgan.com\/about-us\/corporate-news\/2025\/jpmorgan-commercial-paper-issuance-solana-blockchain\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">issued<\/span><\/a><span style=\"font-weight: 400\"> a US commercial paper instrument on the Solana blockchain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">It marks one of the first major debt deals to move onto a public chain, and it\u2019s already being viewed as a notable step for the sector.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">JUST IN: JPMORGAN JUST TOKENIZED A BOND ON SOLANA<\/p>\n<p>JPMorgan arranged the creation, distribution, and settlement of a $50 MILLION short-term bond for Galaxy, fully executed on the <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#Solana<\/a> blockchain. <a href=\"https:\/\/t.co\/GV8d17Aehv\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/GV8d17Aehv<\/a><\/p>\n<p>\u2014 Coin Bureau (@coinbureau) <a href=\"https:\/\/twitter.com\/coinbureau\/status\/1999185517108429104?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">December 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The transaction was completed for Galaxy Digital Holdings LP. Coinbase and Franklin Templeton bought the issuance, adding more weight to the shift toward public blockchain rails.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">For many in the industry, the move shows how quickly institutional adoption is widening.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The decision also represents a change inside JPMorgan. The bank has spent years building and testing blockchain tools through Onyx, its private network, and with permissioned versions of Ethereum.\u00a0<\/span><\/p>\n<p><b>DISCOVER:<\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> <b>Top Solana Meme Coins to Buy in 2025<\/b><\/a><\/p>\n<h2><b>Are Capital Markets Moving Toward Public Chains After JPMorgan\u2019s Solana Transaction?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Using Solana, a fast and open Layer-1, shows the bank is now willing to work on public infrastructure as well. <\/span><span style=\"font-weight: 400\">JPMorgan created the on-chain USCP token, arranged the deal, and carried out delivery-versus-payment settlement. <\/span><span style=\"font-weight: 400\">Both issuance and redemption were handled in USDC. This is another sign of how traditional finance is starting to use public crypto systems for real transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Scott Lucas, Head of Markets Digital Assets at JPMorgan, said the decision comes as more institutions look for reliable digital asset infrastructure.\u00a0<\/span><span style=\"font-weight: 400\">He noted that the move also shows Solana can support financial-market operations at scale.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Galaxy structured the issuance and called it an early look at how capital markets may shift in the coming years, more open, programmable, and built for institutional use.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Coinbase joined as an investor and handled the technical side, including custody and wallet services for the USCP token. <\/span><span style=\"font-weight: 400\">Franklin Templeton, already active in on-chain money markets, described the transaction as the start of \u201ca new era\u201d in institutional blockchain activity.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Solana Foundation said JPMorgan\u2019s choice puts the network at the center of efforts in traditional finance to use public blockchain rails. <\/span><span style=\"font-weight: 400\">For Solana, the deal offers the kind of recognition large financial firms had been slow to give.<\/span><\/p>\n<p><b>DISCOVER:<\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> <b>9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/b><\/a><\/p>\n<h2><b>Will SOL\u2019s Bounce From $135 Hold as the Chart Points Toward a Move to $146?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Solana is trying to steady itself after a sharp pullback. A new chart from analyst Crypto Tony shows two possible outcomes for the price in the short term.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In his <\/span><span style=\"font-weight: 400\">update<\/span><span style=\"font-weight: 400\">, he said, \u201cEither bottom in, or $146 minimum to be hit.\u201d This suggests SOL has reached a key point after a volatile week.<\/span><\/p>\n<figure id=\"attachment_318475\" aria-describedby=\"caption-attachment-318475\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-318475 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-scaled.jpeg\" alt=\"\" width=\"2560\" height=\"1315\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-scaled.jpeg 2560w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-300x154.jpeg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-1024x526.jpeg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-768x394.jpeg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-1536x789.jpeg 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-2048x1052.jpeg 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/12\/B3E5C0CB-7C11-4209-A6FB-0BCADDD22A5D-50x26.jpeg 50w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"><figcaption id=\"caption-attachment-318475\" class=\"wp-caption-text\"><a class=\"general-link\" href=\"https:\/\/x.com\/CryptoTony__\/status\/1999224593974710552\" target=\"_blank\" rel=\"nofollow noopener\">(Source: X)<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">His chart outlines an Elliott Wave-style pattern. The recent drop appears to finish a corrective move marked as \u201c(a)\u201d and \u201c(b).\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Price has bounced from support around $135, hinting that buyers may be stepping back in. The projection also shows a possible climb toward $146, labelled as wave \u201c(c).\u201d That level now stands out as the main resistance zone traders are watching.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Short-term candles show better momentum. A sharp green move from the lows signals that buyers are trying to take back control.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The white projection on the chart points to a choppy push higher, which suggests the price may swing around a bit before it moves toward the $146 area.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But the chart also marks a sharp drop after that point. It hints that even if Solana reaches $146, the level may act as a brief top instead of the start of a larger trend shift. <\/span><span style=\"font-weight: 400\">Solana is now sitting in a tight pressure zone, and its next move will shape how the broader structure develops.<\/span><\/p>\n<p><b>DISCOVER:<\/b><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> <b>15+ Upcoming Coinbase Listings to Watch in 2025<\/b><\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/is-jpmorgan-chases-shift-to-solana-the-start-of-a-new-era-in-on-chain-financial-instruments\/\">Is JPMorgan Chase\u2019s Shift to Solana the Start of a New Era in On-Chain Financial Instruments?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase, the country\u2019s largest bank, has issued a US commercial paper instrument on the Solana blockchain.\u00a0 It marks one of the first major debt deals to move onto a public chain, and it\u2019s already being viewed as a notable step for the sector. JUST IN: JPMORGAN JUST TOKENIZED A BOND ON SOLANA JPMorgan arranged [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-63191","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63191"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63191\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}