Solitary waves, inherent in nonlinear wave equations, manifest across various physical systems like water waves, optical fibers, and plasma waves. In this study, we present this type of wave solution within the integrable Mikhailov–Novikov–Wang (MNW) equation, an integrable system known for representing localized disturbances that persist without dispersing, retaining their form and coherence over extended distances, thereby playing a pivotal role in understanding nonlinear dynamics and wave phenomena. Beyond this innovative work, we examine the stability and modulation instability of its gained solutions. These new solitary wave solutions have potential applications in telecommunications, spectroscopy, imaging, signal processing, and pulse modeling, as well as in economic systems and markets. To derive these solitary wave solutions, we employ two effective methods: the improved Sardar subequation method and the (℧′/℧, 1/℧) method. Through these methods, we develop a diverse array of waveforms, including hyperbolic, trigonometric, and rational functions. We thoroughly validated our results using Mathematica software to ensure their accuracy. Vigorous graphical representations showcase a variety of soliton patterns, including dark, singular, kink, anti-kink, and hyperbolic-shaped patterns. These findings highlight the effectiveness of these methods in showing novel solutions. The utilization of these methods significantly contributes to the derivation of novel soliton solutions for the MNW equation, holding promise for diverse applications throughout different scientific domains.
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