Solana has become the leading network for Wrapped Bitcoin (WBTC) users, capturing 30.6% of the market. In the third quarter, WBTC generated $75,600 in revenue, marking a 2.3% increase from the previous quarter. The Solana-based decentralized exchange, Orca, reported a 24-hour trading volume of $16.16 million for the WBTC/SOL pair. The number of WBTC holders on Solana has doubled, reaching 55,000, as the network's low transaction costs and high throughput of over 65,000 transactions per second attract more institutional investors. This growth has significantly enhanced the on-chain utility of Solana's native token, SOL.