Broker-Dealers Choose Solana Instead of Ethereum for Big Transfers

The crypto sector has witnessed a significant shift as broker-dealers utilize the Solana blockchain for large transactions. According to crypto analyst MartyParty, broker-dealers are increasingly preferring Solana over Ethereum. This trend was discussed on social media, highlighting the reasons for this shift:

> Broker Dealers are starting to use the #Solana network to send and receive large transactions instead of #Ethereum. Why?
> – Because they also like fast and cheap transactions.
> – Because Stable Coin liquidity shot up on Solana in 2025.
>
> Broker Dealers send $1-10m transactions…
> — MartyParty (@martypartymusic) March 8, 2025

Reasons for Switching

MartyParty has noted a noteworthy transition among broker-dealers with their big transactions, opting for Solana over Ethereum due to reduced transfer fees and faster transaction speeds.

Large financial entities often transfer funds ranging from $1 million to $10 million per transaction, focusing on inventory management, debt settlement, and liquidity provision for institutional investors and market makers. Ethereum’s rising gas fees and congestion issues make it less attractive for sizeable operations.

Additionally, Solana has experienced a substantial increase in stablecoin liquidity this year, making it a more appealing platform for large digital asset transfers. This liquidity spike ensures efficient asset movements without significant delays or price slippage.

Implications for Ethereum

MartyParty pointed out that broker-dealers’ preference for Solana signifies broader concerns regarding Ethereum’s cost and scalability issues. The growing use of Solana reflects increasing trust in its infrastructure and stability. If Ethereum fails to address its challenges, more institutional users may migrate to blockchains like Solana.