The Solana Foundation is a non-profit organization devoted to decentralization, growth, and security of the Solana network.
According to Cointelegraph, Solana has shortened its blockchain slot time to 350 milliseconds, marking the first reduction in slot time for the network since genesis. Jacob Creech, Vice President of Technology at the Solana Foundation, stated that the next target is 300 milliseconds.
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Odaily News: Jacob Creech, Vice President of Technology at the Solana Foundation, stated that Solana has reduced its network slot time to 350 milliseconds, the first adjustment since the network's inception. He shared on X that the next step is to bring it down to 300 milliseconds.Solana's slot time browser shows the current average slot time is 360 milliseconds, down from the network's initial setting of 400 milliseconds. In June, the Solana Foundation unveiled a plan to shorten slot time from 400 milliseconds to 200 milliseconds, with three subsequent reductions of 50 milliseconds each.All four phases are planned to be activated on the mainnet via the validator client Agave v4.2, developed by Anza, though the timeline has yet to be finalized. The related proposal, SIMD-0525, was approved and merged on May 14. (Cointelegraph)
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According to Yonhap News Agency, Shinhan Asset Management announced on August 21, 2026, that it has signed a four-party memorandum of understanding (MOU) with the Solana Foundation, a global blockchain network, the compliant tokenization issuance platform Etherfuse, and on-chain liquidity infrastructure provider Orca to jointly advance a full-process proof of concept (PoC) for the issuance and circulation of KRW-denominated tokenized funds. Referencing the model utilized by BlackRock's tokenized fund "BUIDL", the global asset management giant, the partnership aims to adapt this framework for KRW assets. The four parties will collaboratively verify KYC/AML compliance frameworks, blockchain operational models, security audit protocols, on-chain liquidity designs, and compliance with domestic and international regulatory requirements, including the Foreign Exchange Transaction Act.
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Odaily News: Anas posted on platform X, stating that the Solana perpetual contract protocol FlashTrade will be shutting down the project and seeks to sell its existing tech stack to compensate FAF holders. Anas cited severe internal team disagreements, a shrinking market, and a prolonged lack of profitability as reasons for the closure, adding that what hurt him most personally was the Solana Foundation's indifference toward the team. He claimed that the Solana Foundation only fully supports one team because it believes this contributes to Solana's success, while emphasizing that he is not blaming the foundation for the project's failure and acknowledged being overly emotional about the matter. Solana co-founder Anatoly Yakovenko subsequently responded, stating that the foundation cannot determine whether a product succeeds, as its primary role is to assist with go-to-market efforts and expand exposure at product launch, and that ultimately, whether attention translates into users depends on the product itself.
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Odaily News Coinbase has released its Q2 2026 Solana validator operations report, stating that its Solana validator nodes outperform the network average in terms of yield, stability, and infrastructure distribution. Data shows that Coinbase currently stakes approximately 41.63 million SOL across 23 validator nodes, accounting for 9.72% of Solana's total staked supply, with nodes distributed across 7 countries, including the United States, United Kingdom, Germany, Japan, Singapore, and other regions. Key operational metrics are as follows:Staking scale: 41.63 million SOL, representing 9.72% of total network staked supply;Staking yield: Q2 2026 quarterly APY of 6.52%, higher than the network average of 6.38%, outperforming by 14 basis points;Block skip rate: 0.035%, lower than the network average of 0.136%, approximately one-quarter of the network average.Coinbase stated that its validator nodes employ a multi-client architecture, currently running four clients, including Harmonic, Jito, JitoBAM, and Firedancer. All solutions have been reviewed by the Solana Foundation and do not employ aggressive MEV timing strategies that could impact user experience. In terms of infrastructure, Coinbase has deployed its validator nodes across two independent bare-metal service providers, with off-site backups configured for each node to mitigate single points of failure. Additionally, the company stated that it has migrated its entire validator cluster to the DoubleZero network, achieving approximately 99.9% session availability.Coinbase also revealed that it is preparing for Solana's Alpenglow consensus upgrade, expected to advance later in 2026, including running community test nodes, developing new consensus health monitoring tools, and completing related vote account upgrade verification.
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Solana tweeted that South Korean fintech company KSNET has signed a memorandum of understanding with the Solana Foundation to integrate Solana Pay into its payment network. The network covers over 330,000 merchants and has a monthly transaction volume of approximately $4 billion.
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Odaily News: Solana’s tokenized asset trading volume reached $5.77 billion in the second quarter, up 114% from the previous quarter, marking a record high for the sixth consecutive quarter. Among this, tokenized stock trading volume reached $4.8 billion, approximately quadrupling from $1.1 billion in the first quarter.According to the Solana Foundation, Solana accounts for approximately 97% of on-chain tokenized stock trading volume and has maintained its leading position in this field for 54 consecutive weeks. In the final week of Q2, the network’s weekly tokenized asset trading volume hit $1.42 billion, setting a new weekly all-time high. The number of addresses holding RWA (Real World Assets) surpassed 300,000 earlier this year.
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Odaily SBI Global Asset Management and DigiFT have launched the tokenized investment product JX on Solana, bringing Japan's high-dividend equity strategy on-chain to provide qualified and institutional investors with on-chain investment exposure. SBI Asset Management is responsible for strategy management. The Solana Foundation stated that this launch marks the official entry of Japan's asset management industry into on-chain finance, as the tokenized RWA market has grown from $5.9 billion last year to $21.9 billion.
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SBI and the Solana Foundation have announced a strategic partnership to jointly advance the development of Japan's on-chain financial market. Under the collaboration agreement, the Solana Foundation will acquire a stake in SBI R3 Japan, and work alongside existing shareholders SBI and Sumitomo Mitsui Financial Group to drive a new growth strategy. The company plans to rebrand as SBI Solana Global Co., Ltd. SBI Solana Global will focus on promoting the issuance and circulation of yen stablecoins such as JPYSC on the Solana network, supporting the issuance and circulation of corporate bonds and tokenized RWAs, building cross-border payment infrastructure, providing on-chain financial services for institutional investors, and developing the next generation of payment infrastructure for the AI Agent era.
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: Decentralized prediction market World.xyz announced on the X platform that, following a 24-hour review by the team, it has decided to migrate from Solana to Robinhood Chain. The team stated that this strategic adjustment was made after careful consideration, while also thanking the Solana Foundation and community for their support.Previously, World.xyz had launched on the Phantom wallet and its official website, allowing users to trade contracts for cryptocurrency prices and events such as the 2026 World Cup. It utilizes Chainlink as its primary oracle infrastructure and uses the Phantom stablecoin as the settlement asset.
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Michael Coates announced on the X platform that he has taken on the role of Chief Information Security Officer at the Solana Foundation, marking a new chapter in his career. Coates previously served as Head of Security at Mozilla, Chief Information Security Officer at Twitter, and founded Altitude Networks, a startup focused on enterprise SaaS data security, which was later acquired by CoinList.Coates stated that his future work will focus on integrating security capabilities into industry operations and application security foundations, addressing security challenges unique to cryptocurrencies, and collaborating with policymakers and standard-setting bodies to promote improvements in cybersecurity regulations.
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US President Trump signed two executive orders on Monday aimed at accelerating the nation's quantum computing capabilities and advancing the migration of government systems to post-quantum cryptography. While the orders do not directly mention Bitcoin, industry insiders believe this could benefit blockchain post-quantum security research and development.The two executive orders focus on defending against advanced cryptographic attacks and driving the frontier of quantum innovation. This includes a clear timeline: advancing quantum sensor construction by September 2028, and requiring federal high-value assets and high-impact systems to complete their post-quantum cryptography migration by the end of 2031.Alex Pruden, CEO of Project Eleven, stated that this means the US government will allocate funds and time to achieve post-quantum security goals. It may also extend these requirements to the entire federal contractor system, not just government agencies, thereby accelerating the practical application of post-quantum cryptographic technology.This policy comes amid growing attention within the blockchain industry to quantum threats. The Ethereum Foundation, Solana Foundation, and others have already begun advancing post-quantum security R&D, while the Bitcoin community is also discussing potential risks. Some Bitcoin held in publicly exposed addresses is considered vulnerable to private key derivation attacks once sufficiently powerful quantum computers emerge.Pruden noted that this executive order sets a clear deadline of 2031 for the adoption of post-quantum cryptography, which is more enforceable than the previous US government guidance which only proposed phasing out traditional cryptographic systems by 2035. For Bitcoin and the broader crypto industry, government-level investment in post-quantum security could accelerate the maturation of related tools, standards, and migration pathways.
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Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
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According to PrimeMinister.kz, during his visit to Hong Kong, Kazakh Deputy Prime Minister Kanat Bozumbayev met with Chief Executive John Lee to discuss expanding trade and economic cooperation as well as collaboration in financial technology innovation. The centerpiece of the visit was the “Alatau City China Roadshow” investment roundtable, which attracted participation from numerous leading Hong Kong-based investment funds, financial institutions, and technology enterprises. During the meeting, the Alatau City Administration signed six cooperation agreements and memoranda of understanding (MOUs) with multiple international enterprises, primarily covering the following areas: • ANT Digital Technologies, a subsidiary of Ant Group: exploring participation in Alatau City’s digital infrastructure development and deployment of advanced fintech solutions; • Solana Foundation: reaching agreement on collaboration in Web3 ecosystem development, blockchain talent cultivation, and support for tech startups; • Dasco Capital and Templewater: signing an MOU to jointly establish a private equity fund focused on investments in Kazakhstan and Central Asia, with Alatau City designated as a priority investment target. Additionally, the Kazakh delegation held meetings with senior executives from major Hong Kong investment and development firms, including Henderson Land Development, Far East Consortium, Sun Hung Kai Properties, and Boshi Fund. Alatau City is a new economic growth hub launched under the directive of Kazakh President Kassym-Jomart Tokayev. It operates under a special legal framework, drawing upon Hong Kong’s successful experience in investor protection and alignment with international regulatory standards.
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According to PR Newswire, the Open Transaction Layer (OTL) officially launched on May 28 as an open industry initiative aimed at establishing a unified transaction coordination standard for on-chain finance. OTL defines shared protocols among institutions, non-custodial wallets, and AI agents for identity verification, messaging, and transaction coordination—covering the entire transaction lifecycle, including discovery, compliance, and settlement. The founding alliance comprises over 25 members, including leading financial institutions, payment service providers, and blockchain foundations such as Fireblocks, Checkout.com, Cross River Bank, MetaMask, Robinhood, Securitize, Wintermute, Solana Foundation, and Polygon. OTL’s technical specifications are built upon mature standards including W3C Decentralized Identifiers (DIDs) and ISO 20022, and adopt a modular five-layer architecture covering Identity, Session, Transport, Messaging, and Application layers. The specifications have been published under an open-source license at otl.network, and the alliance is also open to additional institutional participation.
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Odaily Y Combinator has launched the YC Crypto Deals program to help startups secure grants, Gas fee credits, and crypto infrastructure support from partners such as the Solana Foundation, QuickNode, Helius, and Phantom.
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Solana founder toly spoke this morning about the role of the Solana Foundation in ecosystem development, stating: "Someone has to launch the product first before the foundation can promote and market it. People will provide feedback, test it, and tell the team what's not working, and then the team will make improvements.""It's hard for the foundation to force anything... Even when offering grants or investments, there must first be a product that people are willing to use, only then can the ecosystem accelerate its development."
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Vibhu, Chief Product Officer of the Solana Foundation, and professional trader drews888 each contributed $10,000 to launch a public trading duel on the Phoenix Trade platform. As of market close on May 25, the participant with the better profit-and-loss performance will receive an additional $1,000 reward from the other.
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: The Solana Foundation and Google Cloud have jointly launched the AI payment gateway Pay.sh, allowing AI agents to pay for API services on a per-request basis using Solana on-chain stablecoins, eliminating the need for traditional account systems. The system is built on the x402 protocol and supports the Machine Payments Protocol developed by Tempo and Stripe.Currently, AI agents can access Google Cloud services such as Gemini, BigQuery, and VertexAI through Pay.sh. The platform also supports AI tools including Anthropic Claude Code, OpenAI Codex, and OpenClaw, along with over 50 community API providers. Additionally, it integrates infrastructure and data services such as Helius, Alchemy, Dune Analytics, and Nansen. (Decrypt)
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According to The Block, South Korean credit card company Shinhan Card has announced a partnership with the Solana Foundation to jointly advance a proof-of-concept project testing a real-world stablecoin-based payment system. The project aims to explore the feasibility of stablecoins in actual payment environments, leveraging the Solana network as the underlying infrastructure for transaction processing. Meanwhile, South Korea is actively advancing the legislative process for its Digital Asset Basic Act, a bill designed to establish a comprehensive and unified regulatory framework for the digital asset industry.
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