Solana Foundation
The Solana Foundation is a non-profit organization devoted to decentralization, growth, and security of the Solana network.
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Y Combinator launches YC Crypto Deals program, with Solana Foundation and others participating
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: It's Difficult for the Foundation to "Force" Ecosystem Development; Products Must Come First Before Promotion
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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Solana Foundation CPO and Renowned Trader Launch Public Trading Duel
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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Solana and Google Cloud Launch Pay.sh, Enabling AI Agents to Call API Services Using Stablecoins
: 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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Shinhan Card, a South Korean credit card company, has partnered with the Solana Foundation.
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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Solana Developers Unveil Quantum Resistance Plan, Proposing Integration of Falcon Digital Signature Scheme
: The Solana Foundation has announced that its core development team, Anza, has reached an agreement with Jump Crypto's Firedancer on a potential post-quantum solution, planning to introduce a new digital signature scheme called Falcon. Although the threat of quantum computing is not expected to materialize for several years, Solana has already developed a phased upgrade roadmap. The plan includes ongoing research into Falcon and other alternatives, introducing post-quantum schemes for new wallets when necessary, and ultimately completing the migration of existing wallets. Currently, the quantum-resistant primitive Winternitz Vault, developed by Blueshift, has been operating on Solana for over two years. The Solana Foundation stated that the network's high-speed, low-latency design is compatible with such solutions and expects the migration will not significantly impact performance.
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Curve Founder Calls on DeFi Industry to Establish Unified Security Standards to Reduce Centralized Single Points of Failure
Michael Egorov (@newmichwill), founder of Curve Finance, posted that recent security incidents in the DeFi space—triggered by centralized failure points—have occurred frequently and severely damaged the industry’s reputation. Citing examples such as Aave users being unable to withdraw funds following the rsETH exploit and the LayerZero cross-chain bridge hack, he emphasized that problems must be prevented *before* they occur—not addressed only after damage is done. He called on the industry to jointly establish DeFi security standards, proposing that the Ethereum Foundation and Solana Foundation take the lead in collaborating with projects across ecosystems, auditing firms, and risk-assessment teams to develop principles and specifications for secure system design—and suggesting that lessons could be drawn from traditional finance’s approaches to safeguarding centralized nodes.
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Super PAC backed by Solana Institute plans to spend $8 million to support Jon Husted’s election
According to The Block, Sentinel Action Fund—a U.S. super PAC backed by the Solana Foundation—announced it will join forces with its sister advocacy organization Right Vote to spend $8 million supporting Republican Senator Jon Husted in Ohio’s upcoming election against Sherrod Brown, aiming to prevent the former senator and crypto skeptic Sherrod Brown from returning to the Senate. Jon Husted has long supported crypto innovation and backed several pro-crypto legislative initiatives, including the GENIUS Act. Per filings with the U.S. Federal Election Commission, the Solana Foundation has donated $750,000 to Sentinel Action Fund, while Multicoin Capital contributed $250,000.
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Splyce Completes Strategic Funding Round, with Participation from the Sui Foundation and Others
DeFi protocol Splyce Finance has completed a strategic funding round, with investors including the Sui Foundation, Stellar Foundation, Solana Foundation, Lucid Drakes, Sarson Funds, and Kin Capital. The specific funding amount has not yet been disclosed.
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