According to the source, Nick Ducoff said meme coins have been "great for institutional" adoption by proving Solana is resilient and ready to operate at the scale needed by institutions at Chainlink SmartCon (source: Nick Ducoff at Chainlink SmartCon). For traders, the source frames SOL’s institutional narrative around demonstrated network resilience under high memecoin traffic, highlighting Solana’s capacity for institution-grade throughput and reliability (source: Nick Ducoff at Chainlink SmartCon).