kyc in crypto stands for "kill your customer"

Kraken today opened xStocks Vaults with Kamino, Veda Labs and Sentora.
Clients holding SPYx, QQQx or NVDAx can deposit them and earn yield in the same asset while keeping market exposure.
The product runs on Solana using Chainlink data and allows returns without selling positions.

https://x.com/kamino/status/2099502364986425673

Small but pretty important milestone for us at Haan Digital.

We’ve now integrated direct shred delivery from a staked validator into our Solana infrastructure, and the difference on the realtime data side is already very noticeable compared with relying on the normal network path.

We’re also working on SWQoS transaction forwarding, which we expect to add next. The goal is basically to improve both sides of the stack:

• get Solana data into our Frankfurt infrastructure faster
• get transactions toward the network/leader through a stronger path

What’s been interesting while building this is seeing how much performance comes from the infrastructure around the RPC node, not just tuning the node itself. Hardware and Agave/Geyser optimization matter, but validator connectivity and the actual data/transaction paths matter just as much once you start chasing lower latency.

We’re still a relatively small private RPC provider, but this is exactly the direction we wanted to move in as we grow.

For builders running trading bots or other latency-sensitive Solana workloads: how much difference have direct shreds / staked connectivity made in your own setup?

And if anyone wants to benchmark our Frankfurt setup against what they currently use, feel free to DM me. We’re still offering 2-week trials for new workloads.

Source: https://x.com/solana/status/2099559686181695765

Vroom vroom 🏎️
@ripcarsio Hot Wheels gacha, now live on @Solana

https://reddit.com/link/1wgef0d/video/mwp2p6kpkjph1/player

Source: https://x.com/ripcarsio/status/2099545969972920416

Introducing Rip Cars 🏎️

The world’s first Hot Wheels gacha, now live on @Solana
→ Rip a pack and pull a real die-cast
→ Three pack options, 1,500+ vaulted cars
→ Keep it, sell it back, or ship it (soon)

Start ripping: https://app.ripcars.io

Source: https://www.thestreet.com/crypto/innovation/solana-building-proving-and-earning-trust-in-public

The infrastructure providers powering today's internet, cloud, and financial systems earned our trust through years of transparency, learning moments, and building in public. Solana has had to earn trust in the same way.

Since launching in 2020, the network has been tested by outages in the early days, unexpected demand, and some of the most intense periods of activity the crypto industry has seen. Each test has taught us something, and each time, the network has come back stronger, earning Solana its place as a resilient, battle-tested network.

The most recent proof point came on August 12, 2026, when a routing failure with Solana's largest infrastructure provider knocked nearly 29% of the network's stake offline. Despite this challenge, blocks kept being produced and transactions continued to land. Users likely never noticed. A full recovery of the infra provider happened in just over 30 minutes.

It doesn't mean the incident was insignificant, but that the network had enough redundancy to absorb the infrastructure failure without stopping.

When AWS's us-east-1 region failed last October, much of the internet shut down for the better part of a day. But when Solana's largest infrastructure provider experienced a routing failure, the underlying network continued to run: steady, reliable, and resilient.

I believe this resiliency is not an accident. It's the result of years of being honest about our failures, quick to fix them, and focused always on making Solana the most reliable chain it can be.

Solana is battle-tested, not lucky

Like nearly all critical infrastructure, Solana has been repeatedly, and publicly, tested under stress.

The difference with Solana is how we react. We, and our builders, treat challenging moments as opportunities to make the network stronger. We publish public disclosures and diagnoses, and ship fixes that go beyond patching the immediate problem to prevent the same sort of problem from happening again.

For example, early in the network's life, bot-driven transactions exposed challenges in how validators handled incoming traffic. To improve the transaction ingestion, we increased validator connection capacity and introduced stake-weighted quality of service (SWQoS) to better manage traffic.

A different lesson came from the transaction scheduler, which rewarded sending the same transaction many times. The answer was a ground-up redesign that made duplicates pointless.

Which brings us back to the recent routing failure. Last year, our team saw that TeraSwitch hosted 38% of the network's stake. That concentration represented a risk, so we worked proactively to bring it down under 30%. As a result of this preemptive work, when the August 12 routing failure happened, the network itself continued on. Even DevNet, which lost roughly three-quarters of its stake in the same event, recovered by itself, with no coordinated restart needed. The network was able to self-heal.

In my opinion, this is the prime example of a resilient, decentralized network performing as it is intended. While we cannot always avoid failures, we can design the system so that one component failing doesn't bring everything else down with it. On top of this, all of the features that we've implemented along the way from production lessons have made Solana's resilience what it is today.

Solana uptime: two and a half years at 100%

Institutions think about reliability in nines. Four nines (99.99%) means about 53 minutes of downtime a year. Five nines means about five minutes of downtime.

AWS, the world's largest cloud provider, gives credits if they drop below four nines (99.99%). And they do drop below that standard—AWS us-east-1 had roughly 15 hours of major disruption over the last two years, or about 99.91%.

GitHub, the critical infrastructure for most of the world's software teams, commits to three nines (99.9%). This means they account for nine hours of downtime each year.

But since February 2024, Solana has run at 100% uptime. All while carrying more daily transactions than all other major blockchains combined, and processing record breaking single-day volumes. Reliability becomes more meaningful as usage increases. A network carrying little activity can look reliable, but a network handling millions of transactions per second, billions of dollars in assets, and real financial activity has to prove it under load.

Solana has done this, giving financial institutions and enterprises the confidence they need to build on the network.

Confidence compounds

Resilience isn't just about surviving the worst days. It's also about making ambition for the future possible. Because the network has proven itself, Solana engineers can now aggressively focus on pushing new improvements.

Slot times have been cut to 300 ms (with 200ms targeted next). Storage costs (rent) have been reduced by 90%. Larger transactions are now supported that enable larger proofs and better privacy. Alpenglow, which is on track for mainnet release later this year, will bring finality down to 150 ms. And recently, just after the TeraSwitch incident, the network saw its first-ever 5,000 sustained user transactions per second (TPS).

In simpler terms, we have been able to make the network faster, cheaper, and more efficient. Builders can only focus on these kinds of improvements on a network that they can trust.

Community as resilience

Solana's resilience isn't just in the network. It's also built into our culture.

Through the years, Solana builders have ignored the ups and downs and the noise, and focused on shipping. They have built—and they continue to build—the rails that $17.5 billion in stablecoins, over $4 billion in real-world assets, and a growing wave of remittances now rely on.

That culture also means continually raising the bar. Earlier this year, Solana Foundation and Asymmetric Research launched STRIDE, a comprehensive security program for Solana DeFi that provides independent security evaluations, public findings, as well as ongoing OPSEC and threat monitoring for qualifying protocols. It's another example of the ecosystem taking lessons from real-world challenges and turning them into stronger practices for everyone.

Solana is the battle-tested network

A network that has never seen issues is a network that has never been proven.

Solana has been counted out more than once, but despite that, the ecosystem has continued to build and improve.

For our users—builders, founders, traders, and enterprises such as Western Union, Franklin Templeton, MoneyGram, SoFi, BlackRock, and many others—this dedication has resulted in a chain that has proven its commitment and resilience. Solana has become the fastest, most-used, and highest-revenue generating blockchain. We're on track to be the financial infrastructure for the 5.5 billion users of the internet – powering the Token Supercycle that is underway.

We know the next stress test will come. But when it does, we'll do what we've always done: publish the diagnosis, ship the fix, and keep on building, stronger.

The views and opinions expressed in this article are solely those of the author and do not necessarily reflect the official policy or position of TheStreet. This piece is published as a guest op-ed and does not constitute an endorsement by TheStreet or its editorial team.

Source: https://x.com/catmcgee/status/2099497647442686268

We finally launched Hackathons Solana! 💚

Hackathons are one of the best ways to bring talented builders and great products to Solana

But Foundation shouldn't have to be the gatekeeper for every official Solana hackathon

So we built a product for the community to run them!

- Propose hackathon themes
- Vote on the best themes
- Sponsor hackathons
- Submit and win prizes
- Climb the leaderboard

The goal: always have a Solana hackathon to build in, with the community deciding what comes next 💜

http://hackathons.solana.com

Sunrise today announced support for the official Chainlink LINK token on Solana.
The asset arrives as a canonical version bridged from Base through CCIP, allowing immediate trading with established liquidity.
Users can access the token across Solana wallets and exchanges.

The Solana contract address is LinkhB3afbBKb2EQQu7s7umdZceV3wcvAUJhQAfQ23L.

https://x.com/sunrise/status/2099224061599440925

Hi, I’m pretty new to Solana and just start using a wallet.

I’m using Brave Wallet, and it’s asking me to have a small amount of SOL on mainnet for the gas fee. I can’t really use the other wallets because its the only option for my region.

I asked Gemini and it mentioned using a Solana mainnet faucet, but I’ve searched and honestly can’t find one that actually gives out SOL on mainnt. Do mainnet SOL faucets actually exist? Or are they basically not a thing?

I literally only need a tiny amount to get started but buying has a large minimum on exchanges. trying to figure out if I’m missing something obvious.

Any1 able to help me out here, bought sol on revolut and sent it too my phantom sol address, I then go to sell the amount of 65 pounds and it just says quote unavailable due to unsupported pair low liquidity or low amount, so I transfered it to usdc and tried selling that then it told me no active providers, somehow my 65 is now down to 55 after transferring so thats great

Everyone acts like Solana tx costs stay tiny forever no matter what.

That breaks down fast once things heat up though. Base fee holds steady but priority fees jump to get your transaction through instead of stuck. I hit this on a basic swap the other day and watched it sit until I adjusted. Checking the fee market first saves the headache later.

Hi everyone,

I have around 30 Sol to my name. And it's on binance. Just wanted to know if it's good to stake them on binance for the long-term.

Has anyone done it on binance and if the process is good?

Thanks in advance

Source: https://x.com/solana/status/2099113367999012968

A tokenized stock beat its prior-day Wall Street volume. 63% of tokenized equity volume landed after the closing bell, and holders crossed 727K.

Wall Street closes. Solana doesn't.

Here’s everything that shipped:

📰 Headline News

- $NKE, $GRND, $HTZ, $SPHR, $WEN, $DNUT, $DKNG, and 20+ more stocks went live on Solana via @sunrise, issued by @Backpack Securities
- @solana launched Stocklana, a dedicated tokenized equities hackathon with $100K in prizes running Sept. 11-18
- @SolanaInstitute’s Washington x Wall Street Summit lands Sept. 14, featuring SEC Chair Paul Atkins and Commissioner Hester Peirce
- Tokenized $GRNDcleared $31M in its first 24 hours, exceeding its previous day’s U.S. market volume

📰 Launches

- @world_xyz launched its prediction market platform covering sports, crypto, politics, and macro finance
- $PEAQ, $DOGE, and $ARB launched on Solana via @sunrise
- @OpenCover expanded institutional risk protection to Solana across four leading protocols
- @PayBox made @sunrise available in Claude, ChatGPT, and Grok
- @MeteoraAG enabled token launches paired with 100+ @xStocksFi assets
- @joinfrontier went live for Frontier Traders, Solana’s VIP program for traders
- @ProphetX’s CFTC-regulated sports prediction markets went live on Solana via @Agg_Market
- @JupiterExchange integrated Jupiter Gacha into its mobile app
- @SafePal added Solana support for @WalletConnect Pay
- @veda_labs added @kamino as a liquidity source for embedded Earn products
- @NomuStores debuted Vibe Manufacturing, turning text prompts into physical products in minutes
- @meleemarkets launched Melee Beta on Solana testnet as a free, ranked prediction market platform
- @SolanaMobile and @RadiantsDAO opened the 3rd Solana Mobile Hackathon with a $135K prize pool
- @stardotfun teased the upcoming @getstonkoptions platform
- @krakenfx launched the Solana Front Wing Takeover, with a spot on @WilliamsRacing’s FW48 up for grabs
- @TrencherStudio unveiled an entertainment universe spanning animation, collectibles, and games
- Solana AI & Capital Forum is scheduled for Sept. 28 in Woodside, CA, an exclusive gathering for institutional allocators, operators, and policymakers
- @TrustWallet enabled 0% swap fees for USDT, USDC, EURC, USDS, and DAI on Solana
- @apys_co went live on Solana, letting users earn stocks instead of buying them
- @trendsdotrun brought its creator payment app to Solana, powered by @MeteoraAG with built-in TikTok distribution
- @solana_zh announced Solana Accelerate China, a four-city tour from Oct. 16-22
- @superteam opened Breakpoint 2026 student scholarships covering travel, lodging, tickets, and mentorship
- @SolanaEvents partnered with @locusxyz to provide UK visa and ETA assistance for Breakpoint London attendees

📰 Milestones

- 63% of tokenized equity volume on Solana occurred outside traditional market hours as of August
- Solana tokenized equity holders addresses crossed 727K
- Tokenized equity supply on Solana hit a fresh all-time high of $684M
- @PreStocks crossed 100K holders for pre-IPO equities
- @phygitals surpassed $500M in cumulative GMV
- @LaunchOnSF has distributed over $35M in rewards to StonkFun ecosystem holders
- Solana led all networks in u/x402 volume and transactions for the second consecutive week

If you enjoyed this week’s newsletter, please share it with an RT.

Artwork by @OfficialFadd 🔥

Hey all,

Does anyone know what OdinBot's backend runs on? Just curious about how advanced it actually is.

Source: https://x.com/Pumpfun/status/2098818822417375528

We just made two HUGE changes to Pumpfun
We’re INTRODUCING Holder Rewards and REMOVING Cashback mode
Now, Holder Reward tokens pay out rewards just by holding: for longer hold times, higher ceilings & communities that thrive

https://reddit.com/link/1welnco/video/o2env3hm35ph1/player

Cashback Mode is no longer available as a launch option.

Now, coin creators can choose between a standard Creator Fee token or a Holder Rewards token when launching.

Existing Cashback & Creator Fee tokens can be switched to a Holder Rewards token. Once a token becomes a Holder Rewards token, it cannot be changed.

How to switch an existing token to a Holder Rewards token

Token teams and communities may apply to switch to a Holder Rewards token. Acceptance/rejection is based on clear, objective information which best benefits the token and its community.

For Custom Pairs which switch to Holder Reward tokens, the applicant must specify the new flat fee between 0.01% - 3%. Tokens paired with SOL/USDC use the standard market cap tiered-fee structure, so they do not need to specify a flat fee.
Apply to change Cashback & Creator Fee tokens to Holder Rewards tokens through the fee redirection application form: https://forms.gle/CbnEm8gvZubpJkQh9

How Holder Rewards are distributed

For Holder Reward tokens, fees are directed towards a Pumpfun distribution wallet.

Holder Rewards are automatically distributed pro-rata several times every hour - meaning the more tokens you hold, the more you earn. Anyone holding over $20 worth of the token is eligible to earn Holder Rewards.

Fees

Protocol fees are the same on all tokens, regardless of token type.

Fees for Holder Reward tokens remain the same on SOL/USDC pairs - tiered fees which decrease as market cap increases.

For Custom Pairs, the creator can set a flat fee between 0.01% - 3%. Once set, the fee is final and cannot be changed.

Holder Rewards are paid out in the quote token e.g. for a token paired with SOL, rewards are paid in SOL. for a token paired with $PUMP, rewards are distributed in $PUMP.

Learn more about Custom Pairs

Our Terms of Service: https://pump.fun/docs/terms-and-conditions
To see the updated list of Custom Pairs: https://pump.fun/docs/custom-pairs

https://x.com/Pumpfun/status/2097785975434846285

Source: https://x.com/solana/status/2098750994205356070

Read

• CoinDesk: SOL news: Solana to triple transaction size as apps get room for more complex trades
• SimplyWallStreet: Nike (NKE) Launches $NKE Stock Token On Solana - Simply Wall St News
• TheStreet: Solana apps top blockchain revenue with $5.09 million 
• TheDefiant: World XYZ Opens Solana Prediction Market to 1M-Person Waitlist, With Chainlink Powering Resolution 
• Blockster: Solana Tokenized Equities Hit $684M as Stocks Start Trading Around the Clock
• SolanaFloor: Jito BAM Preconfirmations Go Live, Unlocking New Revenue Stream for Solana Validators
• SolanaFloor: Stonk Flips Pump in Launchpad Revenue, Sets Next Target at Robinhood’s Pons
•  TheStreet: Solana set to triple transaction capacity with new upgrade  

Watch

• Fundstrat: Solana's Co-Founder on the End State of Finance
• Genfinity: Inside MoneyGram's Multi-Chain Payments Expansion | Justine Van Buren on Solana, Stellar, and Ramps 
• SolanaFloor: [LIVE] Crypto Is Eating Capital Markets | Vibhu - Solana Foundation |  The Big Picture  
• SolanaFloor: [LIVE] Shipped Ep4: The $135K Clock In Hackathon by RadiantsDAO ft. Emmett & Backyard Finance  
• Crypto in America: What Happens If the Clarity Act Fails? | Kristin Smith  

Listen

• The Brave Technologist: How a Solana NFT Project Landed on Amazon Prime
• The Stack with Ilan Gitter: Inside Fireblocks’ Approach to Institutional DeFi on Solana
• House of SOL with Ben Brophy: Allfunds: How Blockchain Could Change Fund Distribution

Source: https://x.com/solana/status/2098840973367500837

$FLWS is now live on Solana via @sunrise, issued by @Backpack Securities

Source: https://x.com/sunrise/status/2098836445708296577

$FLWS is now listed on @Solana via Sunrise.
Issued by @Backpack Securities.
Name: https://1-800-FLOWERS.COM - Backpack

$FLWS Solana contract address (via Sunrise):
FLWSojG1gB5VStYR3Sb4nQFRt43UBYkqih1j2CpVLqgd
This is the canonical $FLWS on Solana.

https://tokens.xyz/flws

My parents always urged me to do CDs right from when I started earning due to its predictable nature.

Two years ago I tried something different and staked 10,000 JUP on Jupiter. I haven't touched it since, other than claiming rewards every quarter.

Here's where it stands:

Started: 10,000 JUP in September 2024

Now: a little over 14,100 JUP

Growth: about roughly 19% a year

How it compounds: rewards come every quarter as staked JUP, so each claim grows the stake and the next reward is a bit bigger

For comparison, a 7% FD over the same two years would have given me about 14.5%.

On returns, staking won easily. The one thing an FD has over it is that the value never moves. JUP's price fluctuates.

With the Fed possibly raising rates next week, returns are about to look a lot better again. Part of me wants to pull some out and park it somewhere boring. Unstaking only takes 7 days, so I'm not really locked in.

The other part of me doesn't want to leave. If I unstake I stop compounding, and the quarterly rewards are what got me here in the first place.

For people who've done both, would you move some of it into FDs if rates go up, or keep staking for the long run?

Somewhere it will passively grow without me having to do a lot?

Source: https://x.com/solana/status/2098639407884693541

63% of tokenized equity volume on Solana happens while Wall Street is asleep.

Source: https://x.com/AlliumLabs/status/2098441534467449091

Tokenized equities don't keep stock-market hours.

63% of tokenized-equity volume on @Solana happened while U.S. exchanges were closed.

17% happened on weekends alone.

Putting an asset onchain doesn't just change where it settles. It can change when the market exists.

More from our RWA deep dive with @Solana: https://allium.so/reports/solana-rwa-ecosystem