The Solana Foundation is a non-profit organization devoted to decentralization, growth, and security of the Solana network.
According to Tech in Asia, Mirae Asset Securities (Korea)’s Hong Kong subsidiary, Mirae Asset Securities (HK), announced that it has completed an issuance of tokenized financing notes on the Solana blockchain for qualified institutional investors. The notes are denominated in US dollars, have a six-month term, and are floating-rate notes. They are part of the company’s $3 billion guaranteed structured note program (which denotes the total program size, not the issuance amount for this offering). Singapore-regulated digital market infrastructure operator Marketnode served as the authorized distributor, with support from the Solana Foundation, while Mirae Asset handled the token issuance, payment processing, and full lifecycle management. The notes were offered exclusively through a private placement to professional investors as defined under Hong Kong’s Securities and Futures Ordinance, and have not been recognized or registered by the Hong Kong Securities and Futures Commission.
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A Galaxy Research report shows that Meme coins' share of Solana trading volume has fallen from over 50% at the end of 2024 to 15%–20% in Q2 2026. In addition, SOL has declined nearly 20% year-to-date, and U.S.-listed spot and staked SOL ETFs recorded outflows for two consecutive weeks this month, totaling approximately $50 million. Meanwhile, Solana's share of on-chain perpetual contract trading volume has dropped from 17% to 6%. The Solana Foundation has reportedly issued a statement saying that Solana's transformation is underway, attempting to shift from a growth model reliant on Meme coins and speculative trading toward more mainstream financial applications such as stablecoins and tokenized assets, in a bid to win adoption from Wall Street institutions.However, with the crypto market downturn and the rise of competitors such as Hyperliquid, Solana faces challenges in transforming its growth model. Market analysts point out that the key to Solana's future lies in whether it can attract stable assets, developers, and users, rather than relying solely on speculative trading to drive growth. (Bloomberg)
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Odaily Report: Tether has announced the establishment of FASE (Financial Access and Systemic Empowerment Foundation), a Swiss nonprofit foundation focused on four key areas: financial security, financial inclusion, access to resources, and responsible AI and robotics technology. Founding parties include Tether, Kraken, Bybit, the Solana Foundation, Chainalysis, and Anchorage Digital, among other institutions.FASE's first batch of projects includes a partnership with youth platform Goodwall, planning to provide digital education and anti-fraud tools to up to 10 million young people, with a focus on Africa, Latin America, and Southeast Asia; and a pilot with Prosper Global to distribute humanitarian aid via stablecoins, initially covering up to 1 million people.In addition, FASE will collaborate with the United Nations Trust Fund to support civil society organizations in multiple African countries that provide assistance to survivors of human trafficking.
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Odaily reports: Blockchain security research firm Asymmetric Research has disclosed that Solana's on-chain governance program svmgov previously had a vulnerability: when validators did not participate in voting, independent votes submitted in advance by their delegators might not be counted in the final results. The vulnerability was reported to the Solana Foundation on July 10 and was fixed on mainnet on August 3, earlier than the governance vote on August 24. Based on on-chain data calculations, Asymmetric Research estimates that if the vulnerability had not been fixed, the approval rate of the SGP-0002 proposal, which aims to accelerate the decline in SOL inflation, could have dropped from the actual 67.00% to 66.65%, below the 66.67% passage threshold. The vulnerability was fixed before the vote and did not actually change the proposal's outcome.
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Odaily reports: Solana has gone two consecutive years without reporting a mainnet outage. A report from Fidelity's Applied Technology Center (FCAT) notes that its network health has made progress across resilience, economic security, and performance metrics.The report notes that higher staking participation and incentive mechanisms rewarding validator performance underpin Solana's economic security, while low latency, improved scalability, and low-cost transactions also support its adoption at scale.The report also states that staking concentration among a small number of validator identities and operators, as well as concentration in custody and client software, still require continued observation. Jacob Creech, VP of Technology at the Solana Foundation, said that Solana reduced slot times to 350 milliseconds on August 21; the foundation announced plans in June to further reduce this to 200 milliseconds, with three additional 50-millisecond adjustments to follow. (Cointelegraph)
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According to Qichacha, Shanghai Solana Enterprise Management Co., Ltd. was registered in June this year, with a registered capital of 5 million RMB. Claire Du (Du Yanjing), Co-head of Solana China, serves as the legal representative. P.S.: Currently, there is no information indicating that the company is affiliated with the Solana blockchain, Solana Labs, the Solana Foundation, or the SOL token.
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Odaily reports: A Solana Foundation official stated that the U.S. GENIUS Act provides regulatory momentum for enterprises and financial institutions to enter the stablecoin space, and is also one of the important background factors behind Samsung's launch of stablecoin payment services. Samsung has announced that starting in the last week of October, it will support USDC cross-border transfers in Samsung Wallet, initially targeting eligible Galaxy users in the United States and covering approximately 82 million devices. Users can transfer USD stablecoins to compatible crypto wallets within seconds with no transfer fees, and can also send remittances to eligible bank accounts in more than 60 countries and regions. The service will use the Solana and Sui networks as its underlying infrastructure, with licensed stablecoin custodian Bastion providing transfer services and Coinbase Prime serving as sub-custodian responsible for safeguarding USDC assets.
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Odaily News: Solana Foundation Chair Lily Liu posted on X responding to the postponement of the Shanghai event, stating that due to previous promotional activities such as the light show on the exterior wall of the Citigroup Tower in Shanghai's Lujiazui, registrations for the Solana Shanghai event grew overnight to 4 times the original number, far exceeding the attendance cap declared to local government authorities.Lily Liu stated that due to the difficulty of controlling potential overcrowding at the venue, and in order to comply with relevant local requirements, the team decided to postpone the event and reschedule it once they have sufficient capacity to accommodate attendees.She also stated that the Solana light show on the evening of October 14 was intended to express appreciation and gratitude to the Chinese community, and apologized to all community members who had planned to attend the event.
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Odaily News: Crypto hardware wallet manufacturer Ledger has announced the launch of Ledger Agent Intent, available free of charge starting today to all Ledger-compatible signing devices. AI agents can monitor the market and propose portfolio optimization recommendations, and users can review and approve related operations on their Ledger devices, with private keys remaining under user control.Agent Intent will directly integrate with OpenClaw, allowing users to register OpenClaw agents on Ledger Atom devices and authorize operations, with the OpenClaw app to be pre-installed on the devices. The tool also supports the Solana Foundation's Pay.sh, where requests proposed by agents can enter a unified queue for users to sign at a time of their choosing. Ledger has partnered with Venice AI to address privacy concerns and stated that user data will not be used to train third-party models.
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Odaily News: The number of stablecoin holding addresses on the Solana blockchain network has exceeded 14.02 million, hitting a record high and marking a significant increase from fewer than 4 million at the end of 2024. Solana's stablecoin supply has surpassed $15 billion, with cumulative stablecoin card transaction volume breaking through $1 billion.The Solana Foundation launched Solana DvP on October 6, an open-source delivery-versus-payment framework designed to synchronize the settlement of tokenized assets and cash within a single atomic transaction. The system employs an escrow isolation mechanism, aiming to complete settlement within seconds and reduce the risk of one party completing a transaction while the other fails.J.P. Morgan provided input on institutional settlement needs during the development period. The audited Solana DvP standard is applicable to tokenized stocks, funds, and other real-world assets. (Bitcoin.com News)
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Odaily News: Lily Liu, Chair of the Solana Foundation, stated at the Token 2049 event in Singapore that the crypto market recovery trend is expected to continue over the next 12 months, despite AI drawing more investor attention and capital. She believes that the core of tokenization is not about competing with traditional retail trading platforms, but rather about leveraging blockchain to expand global investors' access to U.S. assets. Currently, about 160 countries worldwide together account for only approximately 5% of global stock market capitalization, leaving room for blockchain and tokenized assets to expand into global markets.
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According to TheStreet, the Solana Foundation has announced the launch of Solana DvP (Delivery-versus-Payment), an open-source delivery-versus-payment settlement program designed for institutions, aimed at helping financial institutions achieve synchronous settlement of assets and funds on the Solana blockchain. JPMorgan provided relevant guidance on institutional settlement needs during the project's development. The Solana Foundation stated that Solana DvP is based on DvP settlement principles from traditional financial markets, where asset delivery and payment occur simultaneously to mitigate counterparty risk arising from scenarios where one party completes payment while the other fails to deliver assets. While traditional markets typically require processes through clearinghouses and custodians and take one to two business days to settle, Solana DvP enables synchronous transfer of assets and funds through a single atomic transaction, completing settlement within seconds. Previously, institutional on-chain settlement typically required custom smart contracts for each transaction, whereas Solana DvP provides a unified standard, operates under an MIT open-source license, and allows institutions to use and build upon it without authorization fees.
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the Solana Foundation has announced the appointment of Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payments, in a move to expand institutional adoption and payment operations. Conlan previously spent three years at Binance and has held senior management roles at companies including OKX; Raees joins from Polygon Labs and will be responsible for collaborating with payment companies, enterprises, and ecosystem partners to advance Solana's adoption as global payments infrastructure. The Solana Foundation stated that this year, stablecoin transaction volume on Solana has surpassed $5 trillion, on-chain real-world asset (RWA) value has exceeded $4.5 billion, and tokenized equity supply has surpassed $620 million. (The Block)
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Odaily News: Solana has increased the maximum size of a single transaction from 1232 bytes to 4096 bytes. The upgrade went live on the mainnet on Tuesday at approximately 1:00 UTC, at the start of epoch 1035.The upgrade introduces the v1 transaction format and maintains full backward compatibility with legacy transactions. Existing applications and wallet providers can continue using the original format, while protocols that need to leverage the increased capacity must upgrade to v1 transactions.The Solana Foundation stated that the capacity increase will support more complex operations within a single transaction, such as zero-knowledge proofs, multisig transactions, and new on-chain signing schemes. (Cointelegraph)
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Odaily News: Coinbase currently stakes approximately 24 million SOL, valued at approximately $2.45 billion at a price of $101 to $102. The Solana Foundation's staking withdrawal authority holds approximately 23.7141 million SOL, valued at approximately $2.42 billion, and this authority can control funds spread across hundreds of staking accounts.Binance BNSOL Pool holds approximately 10.3905 million SOL, valued at over $1 billion; Jito staking pool holds approximately 10.2725 million SOL, valued at approximately $1.05 billion. After users deposit SOL, they can respectively receive BNSOL or JitoSOL liquid staking tokens.Four unidentified addresses collectively control over 20.6 million staked SOL, valued at approximately $2.1 billion. One of the addresses holds 5.6175 million SOL, while the other three addresses respectively hold 5.0034 million, 5.0024 million, and 5.0024 million SOL. (Bitcoin.com News)
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Odaily News Lyle Pratt posted on X, stating that if meme coins can indirectly contribute to the treasury of the underlying company through trading fees or licensing agreements, it would create a further flywheel effect between meme coins and the underlying company. Solana Foundation product lead @vibhu responded, saying they could create a meme coin launch platform for its stock and expressed willingness to help, with Lyle Pratt indicating that in-depth discussions could be held on the matter.Vida Global (NASDAQ: VIDA) is committed to helping enterprises build, deploy, and sell AI agents at scale. The meme coin CTO, which uses the stock token as its liquidity pool on Stonk, has a market cap of $7.47 million, up 51% in the last 24 hours.
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: The G7 cybersecurity working group stated in its latest report that quantum computing poses both a security threat and an economic threat to public and private institutions, and related organizations should immediately begin migrating to post-quantum cryptography (PQC).The working group noted that the migration process could take several years, as attackers can already collect and store encrypted data today and decrypt it once sufficiently powerful quantum computers emerge. Quantum computing could also break digital signatures, leading to identity theft and exposing companies and their supply chains.The report did not mention cryptocurrencies, but similar public-key cryptography is used for blockchain wallets and transaction authorization. Current quantum computers are not yet capable of breaking Bitcoin's cryptography, but developers are considering post-quantum solutions such as BIP-360.Ethereum researchers plan to replace multiple cryptographic components used by accounts, validators, and applications. The Solana Foundation has tested post-quantum signatures on its testnet and launched an optional hash-based vault. The G7 working group also urged governments to support related research, public-private cooperation, and national PQC strategies. (Decrypt)
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: Lily Liu posted on the X platform, stating that capital, assets, and ownership are migrating toward 24/7 internet infrastructure, forming a long-term "token supercycle." Tokenization is not just about moving assets onto the chain—it also transforms the assets themselves, enabling value to be issued, held, financed, and traded in a market that never closes. She noted that stablecoins have proven capital can flow globally on-chain, financial institutions are pushing assets onto the chain, blockchain infrastructure is beginning to meet the speed and cost demands of real economic activity, and AI economic agents require programmable money. When these factors converge, any form of value with clear ownership could be tokenized, gaining broader access to distribution, financing, and trading channels.Over the past year, RWA trading volume on Solana has reached hundreds of billions of dollars, covering tokenized U.S. Treasuries, equities, and private credit. During the same period, stablecoin transfer volume exceeded $4.7 trillion. Liu stated that tokenization can also enable more investors to overcome geographic, minimum investment, and accreditation barriers, while allowing held assets to be used as collateral or generate yield. Although the current on-chain market size remains far below traditional markets, the related infrastructure could eventually reach 5.5 billion internet users globally.
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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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