The Solana Breakpoint 2025 took place in Abu Dhabi, UAE, from December 11 to 13, where over 6,000 developers and project teams from more than 100 countries gathered to focus on the latest progress and future development of the Solana ecosystem.

Industry leaders such as Real Vision Co-Founder and CEO Raoul Pal, Solana Co-Founder Anatoly Yakovenko, Solana Foundation Chair Lily Liu, and Galaxy Founder and CEO Mike Novogratz attended the event and delivered speeches. BlockBeats will provide real-time updates and coverage of the event, and the following is the latest content:

December 13

J.P. Morgan Digital Asset Manager: The groundbreaking ideas emerging in the Solana ecosystem will eventually mature into solutions suitable for regulated markets

On December 13, Scott Lucas, Managing Director and Digital Asset Manager at J.P. Morgan, stated at the Solana Breakpoint summit:

“I believe this community holds many amazing innovations, and people are eager to explore. Combining these two, you begin to understand—where do the business opportunities come from, and how do they tie back to the core premise of economic growth, which, in itself, is part of a grand narrative. Therefore, I think the key is to truly engage in it, integrating that spirit of originality and innovation into the exploration of opportunities.

Not all innovations are entirely suitable for regulated markets, and that's normal. Some are aimed at retail users, while others focus on different markets, but therein lies key elements that are highly insightful, worth deep engagement, and learning. Even if some things are temporarily beyond our business scope, drawing inspiration from these sparks of thought, driving discussions forward is still crucial—because that's how the market evolves. The groundbreaking and adventurous ideas emerging in the Solana ecosystem often eventually solidify into mature solutions suitable for regulated markets, which is a very ideal development path.

Innovation stems from such collisions of ideas and comprehensive debates. Immersing oneself, truly listening to the industry pulse, and absorbing the essence—this journey in itself is immensely valuable.”

Kazakhstan is leveraging Solana as its core to advance its national crypto and blockchain initiatives

On December 13, Farhaj Mayan, FORMA Mayor of the Solana Economic Community, stated at the Solana Breakpoint Conference that Kazakhstan is strategically advancing its national-level cryptocurrency and blockchain initiatives with Solana as a core infrastructure.

Key measures include establishing a Solana Economic Zone, launching the Tenge stablecoin, progressing with a dual-listed IPO on AIX and Solana, nurturing 1,000 Solana developers, creating a national cryptocurrency reserve, and planning to build a CryptoCity with blockchain at its core. These actions demonstrate their determination to deeply integrate blockchain into the national financial and industrial system.

December 12

Figure Submits Application to SEC for Native Stock Issuance on Solana

On December 12, Mike Cagney, Chairman of the Figure Board, announced at the Solana Breakpoint Conference, "About a week and a half ago, we announced another development—equivalent to a second IPO—we are native issuing new version Figure equity on the public chain.

This issuance will not enter the DTCC, will not trade on Nasdaq or NYSE, will not rely on referring broker-dealers like Robinhood, and will not depend on mainstream broker-dealer services like Goldman Sachs. This is a blockchain-native security, traded on Figure's own Alternative Trading System (ATS), essentially a decentralized trading platform: self-custody, self-trade, and independent market.

Investors will be able to tie these securities to an ATS wallet, not a traditional referral brokerage account; then they can use this equity in DeFi for activities like collateralized lending, borrowing, and more."

ChinaAMC HK Launches Asia's Largest Tokenized Money Market Fund on Solana

On December 12, Katie He, Product and Strategy Lead at ChinaAMC HK, announced at the Solana Breakpoint Conference the launch of Asia's first and largest tokenized money market fund, covering Hong Kong Dollar (HKD), US Dollar (USD), and Chinese Yuan (RMB) denominations. This fund tokenizes traditional money market instruments, providing investors with secure, on-chain access to stable returns, complete transparency, and real-time settlement. After months of collaboration with regulatory agencies and partners like OSL, this innovation will expand from Hong Kong to a broader region and be natively deployed on the Solana blockchain.

Raise Smart Cards to Build On-Chain Gift Card and Loyalty Ecosystem on Solana

On December 12, the official team of Raise Network announced at the Solana Breakpoint Conference that the Raise Smart Cards project has chosen Solana as the infrastructure to build an on-chain gift card and loyalty ecosystem. The on-chain smart gift card system will support loyalty rewards from brands such as Uber, Fanatics, leveraging Solana's high-performance advantages.

Copperx to Launch Global Digital Bank Kosh

On December 12, the stablecoin banking service provider Copperx's team revealed at the Solana Breakpoint Conference that they are set to launch Kosh, a global digital bank tailored for freelancers and small businesses, on Solana. Users will be able to share account details with global clients and engage in instant and fee-transparent payments and receipts. The platform will support quick US account setup, global instant payments, and offer flexible repayments collateralized by SOL.

Abra Introduces Synthetic Asset Tokenization Platform AbraFi and Synthetic Dollar USDAF

On December 12, Bill Barhydt, CEO of the crypto financial services company Abra, announced at the Solana Breakpoint Conference the launch of AbraFi, a Solana-based platform for synthetic asset tokenization. AbraFi will be released to the public in the form of a DAO, not held by Abra Inc., and AFI token holders will receive a significant portion of the protocol's revenue and governance rights. AbraFi's initial product is the synthetic dollar USDAF, fully backed by SOL, USDT, USDC, and delta-hedged, maintaining stability through DeFi protocols. Additionally, a USDAF staking version, SDAF, will be introduced.

AbraFi is currently undergoing seed funding and plans to launch officially around January 1. Furthermore, the company is actively considering an IPO in the first quarter of next year.

Zepz Releases Solana-Based Non-Custodial Wallet SendWave Wallet

On December 12, executives from the UK fintech company Zepz announced at the Solana Breakpoint Conference that Zepz has released the SendWave Wallet, a Solana-based stablecoin non-custodial wallet for cross-border remittance and financial services. The wallet currently covers 100+ countries/regions and is supported by partnerships with Circle and Portal.

Kamino Labs: Launching Fixed-Rate Term Loan Product to Achieve True Rate Discovery

On December 12, Marius from Solana ecosystem liquidity protocol Kamino Labs announced at the Solana Breakpoint conference, "We are about to launch a fixed-rate, fixed-term loan product. Users will be able to choose a rate and term, and transact at that rate.

This mechanism allows institutions seeking to determine their financing costs to enter the market, while also enabling asset rotation strategies to secure a stable locked-in interest spread.

We are partnering with Fal X (one of the largest brokers in our market), and one key subcomponent is loan intent—it allows both borrowers and lenders to place orders at their desired rates, thus achieving true rate discovery on-chain and forming an on-chain yield curve."

MetaDAO Labs: "Ownership Tokens" Combining On-Chain Governance and a Brand-New Legal Structure to Create True Ownership

On December 12, Proph3t, co-founder of Solana ecosystem governance project MetaDAO, announced at the Solana Breakpoint conference that MetaDAO achieves true ownership mechanism on Solana through "ownership tokens," primarily through two components:

Governance/Market Supervision Component: Similar to a DAO but less extreme. Only 2 to 4 proposals are made per year, such as issuing new tokens for OTC investment rounds. Users do not vote but participate through trading.

Legal Structure Component: Prevents project rug pull. Founders transfer intellectual property to an entity, which points to the on-chain market system. If the business succeeds or is acquired, the profits are returned to token holders, and founders cannot take it all.

Proph3t emphasized that "ownership tokens" address the pain points of traditional DAOs, providing encrypted projects with real legal protection and ownership transfer.

Drift Labs: Set to Launch Mobile App in Q1 2026

On December 12, cindy, co-founder of Solana DeFi protocol Drift Labs, announced at the Solana Breakpoint conference, "We will be launching a mobile app in the first quarter of next year.

This will be the first native mobile application to integrate a multi-collateral account, and will also include: Launch App Store, native mobile experience, and upcoming native liquidity provision tools to bring deeper liquidity and faster transaction efficiency.

Perp DEX Aggregation Platform Ranger: To Launch Token Sale, Aiming to Raise $6 Million

On December 12, the developer of the Solana ecosystem's perpetual contract aggregation platform Ranger Finance, FA2, announced at the Solana Breakpoint conference, "We are ready to issue the Ranger token. For Ranger, the most suitable fundraising platform is MetaDAO, with a minimum fundraising target of $6 million, making it the platform's highest fundraising goal to date."

Metaplex Announces First Public Release of Genesis SDK, Allowing Anyone to Build Launchpads or Access Token Data

On December 12, Stephen, Chief Design Officer of Metaplex, the Solana ecosystem's digital economy platform, announced at the Solana Breakpoint conference, "The first public release of the Genesis SDK is now officially live. The Genesis SDK will empower various applications—for example, those looking to build a proprietary Launchpad for a trading platform or an aggregator that monitors and alerts traders.

When a new token goes live on-chain, any application can integrate and immediately use a smart contract with a fair distribution model."

Bulk Co-founder: Solana is Currently the Most Suitable Ecosystem to Build On

On December 12, Jun, co-founder of the Solana ecosystem DEX Bulk, stated at the Solana Breakpoint conference, "As market makers, when trading across various platforms, spot, and perpetual markets, we quickly realized that Solana is currently the most suitable ecosystem to build on—not only does it have the best team, but it also has the highest net asset inflows, most diverse community, and a rich product chain. However, it has always lacked a truly professional trading experience, and the issues ultimately boil down to a few key points: latency, robust risk engine, and user experience. We came to Solana to address this issue."

Backpack Founder: Solana is Currently the Only Network Capable of Achieving Large-Scale Decentralized Execution

On December 12, Backpack founder Armani Ferrante stated at the Solana Breakpoint conference, "Solana is currently the only network capable of achieving decentralized execution at scale. Over the past few years, developers have explored a significant design space on how to solve the scalability problem. Going back to 2017, 2018, there were possibly hundreds of projects that received funding in the billions, even tens of billions of dollars. But as far as I know, Solana seems to be the only one that truly can achieve this at scale."

HumidiFi Developer: Solana is Completely Reshaping Retail Finance, HumidiFi Spread "Superior" to Binance

On December 12, Dark Pool DEX HumidiFi core team member Ben stated at the Solana Breakpoint conference, "On the path to transform the world, Solana has been able to settle transactions close to zero cost per second. Anyone globally can access—through a new seat-permissioning and tiered membership system, entering a fully open, permissionless, Wall Street-grade, programmable, global market.

We recently built a decentralized exchange platform called 'HumidiFi,' which offers a tighter quote spread than Binance, with an average execution spread of only a few basis points. But what I really want everyone to realize is: this system is completely reshaping retail finance. Retail traders can now get better spreads than any traditional brokerage platform, typically narrowed down to a few basis points.

Currently, this system captures 60% of all on-chain trading volume—and we are just getting started."

Solana Co-founder: Majority of Recent Billion-Dollar Revenue Startups Built on Solana, Ecosystem Expansion Accelerating

On December 12, Solana co-founder Raj Gokal stated at the Solana Breakpoint conference, "Among the 20 companies recently reaching $100 million in revenue, most come from the crypto industry, and the majority of these companies are built on Solana. This has actually always been the goal we initially set out to achieve.

I believe to achieve this, it requires the 'entropy' brought by thousands of entrepreneurs continually exploring various value propositions in the blockchain space. And I think Solana now has this ecosystem momentum. Events like the 'Colosseum' hackathons are getting larger in scale, with over 1700 teams participating in each one."

When we used to talk about scalability, a common metric was: what percentage of global financial activity can be on-chain. I believe Solana has an opportunity to accelerate its share of the crypto space over the next 10 years. And the reality is, the crypto industry has developed much faster than we anticipated in 2017.

Back then, we couldn't have imagined the clear regulatory environment we have today in the U.S., or the support from major countries—beginning to issue assets on-chain, with major banks joining in. So I think Solana should raise its original on-chain target to 25%, and Solana can at least capture a 10% share of this market."

Solana Co-Founder Toly: No Official GitHub Commit Access, Network Moves Toward True Decentralization

On December 12, Solana co-founder Anatoly Yakovenko stated at the Solana Breakpoint conference, "One of my favorite things is that decentralization isn't about having no leaders, it's about having a rich emergent set of leaders. Over the past five years, too many people have stepped up—people from the Foundation, Labs, as well as community members, app builders, and protocol builders not even part of these founding organizations—they're truly taking on leadership roles for the whole network.

Fast forward to today, I don't even have GitHub commit access anymore, and I only took two minutes on stage. My goal is to sit in the audience—I feel like that means seeing the entire network truly mature and have a life of its own. I'm very proud of that."

Anza VP: Lowering Solana Block State Cost, Account Creation Rent to Decrease by 10x

On December 12, Brennan Watt, VP of Core Engineering at Solana research and development company Anza, stated at the Solana Breakpoint conference that proposal SIMD-0389 could reduce Solana account creation rent by 10x, potentially scaling up to a 100x reduction.

Note: In the Solana network, Account Rent refers to a "storage cost" mechanism that needs to be paid to allow an account to permanently store data on the chain.

According to Anza's analysis of the security-dissuasion mechanism, this change was discussed at the recent SolanaConf, and it could lead to the burning of billions of dormant SOL to enable wider adoption while maintaining network security.

Solana Ecosystem-Based MEV-Driven Liquid Staking Reward Protocol Toby to Launch Token

On December 12, the Solana ecosystem-based MEV-driven liquid staking reward protocol Toby announced at the Breakpoint conference that it will launch the TOBY token, aiming to bring foundational revenue to Solana through OpenMEV.

It is reported that the OpenMEV initiative will serve the $100 billion real yield demand in the ecosystem and will be integrated into various mainstream protocols such as Jupiter, Sanctum, Kamino, and Drift.

Jupiter Stablecoin JupUSD Expected to Launch Next Week

On December 12, Jupiter announced at the Solana Breakpoint conference that its stablecoin JupUSD is expected to launch next week.

BlockBeats previously reported that on October 8, Ethena collaborated with Jupiter to launch the native Solana stablecoin JupUSD. The token is planned to launch in the fourth quarter. Jupiter plans to gradually convert about $750 million USDC in its liquidity provider pool to JupUSD.

Solana Breakpoint 2026 Summit to Be Held in London, UK

On December 12, according to official sources, the Solana Breakpoint 2026 summit will be held for the first time at the Olympia London Exhibition Centre in the UK from November 15 to 17, 2026.

December 11

Raoul Pal: Current Bull Market Cycle Should Peak in 2026, and Cryptocurrency is Actually a Macro Asset

On December 11, Raoul Pal, former Goldman Sachs executive, author of "Global Macro Investor," and Co-Founder & CEO of Real Vision, stated at the Solana Breakpoint conference:

"The declining labor force participation rate means a shrinking working population. Population structure is a key driver of debt. Population growth will continue to decline, which means the debt-to-GDP ratio will continue to rise, and that's the problem."

We have had to face the global debt issue, and currency devaluation has always been one way to solve (or rather delay) this problem. We have already begun to see signs that the Federal Reserve will have to reconsider its balance sheet and start thinking about how to 'monetize' all this debt. It is expected that in the next 12 months, we will need to print about $80 trillion in cash through liquidity injections.

I know many people may think that the crypto cycle has ended, believing that the 'good days are over.' But in fact, what's driving all of this is not the Bitcoin halving cycle but a debt maturity cycle.

So, I believe this is not a 4-year cycle but a 5-year cycle now. In a 5-year cycle, we have already gone through the trough of the cycle, and the next step is the upswing phase. The cycle should peak at the end of 2026, not 2025. This is a breakthrough realization for us as global macro investors: understanding that cryptocurrency is actually a macro asset.

Furthermore, the altcoin/Bitcoin cross rate is driven by the business cycle, and the business cycle appears to be bottoming out, not peaking."

Solana Co-Founder: Stablecoins are the Clear Direction Now, Solana Will Capture as Large a Share as Possible in the Competition

On December 11, Solana Co-Founder Anatoly Yakovenko stated at the Solana Breakpoint event that the core of achieving growth is to continue building products that people need. He emphasized that stablecoins are the clear direction now, with an expected 1 to 10 trillion dollars of stablecoins coming on-chain in the future, driving about $500 trillion of global assets to gradually tokenize and go on-chain.

Toly mentioned that the strong property rights protection brought by public blockchains and cryptography is not in conflict with free-market capitalism and Wall Street logic but complements them by using software to eliminate faults and risk, thereby expanding Wall Street's financial scale at a faster pace. He emphasized that stablecoins are about expanding rather than replacing the dollar, and L1, especially PoS networks, have clear value capture mechanisms. Solana aims to capture as large a share as possible in this competition.

Lily Liu: SOL Spot ETF Sees Nearly $1 Billion in Contrarian Net Inflows in 6 Weeks, DAT Firm to Serve as the Bridge Connecting Solana and the Public Markets

On December 11, Solana Foundation Chair Lily Liu stated at the Solana Breakpoint 2025 event:

「Solana is the first blockchain platform to establish a policy research institute. Today, developing a digital asset strategy has become essential for every institution. As these institutions enter the blockchain space, many of them have opted for Solana. Western Union, processing over $600 billion in remittances annually, has chosen Solana. Pfizer, handling $2 trillion in merchant payments each year, has also chosen Solana. Other institutions have followed suit.

Of course, ETFs have been a major theme this year. We have finally welcomed physically-backed Solana staking ETFs—they made a big splash in the Solana ecosystem about six weeks ago, and the AUM has nearly reached $1 billion in just six weeks. Despite the overall market downturn, we have seen three weeks of continuous net inflows. There are already six physically-backed Solana staking ETFs listed on the U.S. market alone.

Another important theme this year, albeit somewhat controversial, is DAT (Decentralized Autonomous Treasury). Many view DAT as a short-term liquidity tool, but we hold the opposite view. Since Solana is one of the few platforms that allows enterprises to build both at the infrastructure layer and the asset layer, we believe that DAT will be long-term ecosystem companies. They will serve as bridges, connecting Solana to the public markets, building infrastructure, asset management systems, and integrating all of these functions into one.」

Coinbase Executive: Solana-based DEX Trading Functionality Now Live on App

On December 11, Coinbase's Solana Product Lead Andrew Allen announced at the Solana Breakpoint Conference that Coinbase has launched Solana-based DEX trading functionality within its app. Users can directly trade any Solana blockchain-based token in a familiar interface and can make payments using USDC, USD, bank accounts, or debit cards, with the entire slippage and routing automatically handled in the background.

Andrew stated that Coinbase is fully expanding its native support for Solana, and in the future, users will be able to see Solana assets directly in the app, ensuring that they can reach millions of Coinbase users without the need for token listing processes as long as there is sufficient liquidity.

Bitwise Co-Founder: Applications in the Solana Ecosystem Truly Utilize the Network's Last 1% of Performance

On December 11, Bitwise Co-Founder and CIO stated at the Solana Breakpoint Conference that applications on Solana truly leverage the last 1% of performance compared to networks like Ethereum, providing users with the next marginal liquidity and scalability.

In many blockchains, running a node is just "download software, double-click to start," and then whoever stakes more or less makes almost no difference to the network or what applications can be built for users. But in Solana, the application landscape changes daily, with rapid iterations at the protocol layer, performance, and capacity, where node performance directly determines the ceiling.

It is precisely for this reason that we are particularly concerned: as this product (referring to staking ETF/trust) locks in more and more SOL and its weight increases, it must make the ecosystem, developers, users, and even the entire community feel that its scale expansion will not "break" the market structure or ecosystem, but rather make the network more stable, reliable, and able to withstand the next wave of innovation.

Paxos CEO: Has Applied to the US SEC for a Clearing Agency License to Native Issue On-Chain Stocks and Bonds

On December 11, Paxos Co-Founder and CEO Chad Cascarilla stated at the Solana Breakpoint Conference that Paxos has applied to the US SEC to become a clearing agency, enabling them to directly custody and issue on-chain stocks and bonds natively, allowing users to hold real underlying assets rather than derivatives. He emphasized that this will lay a critical foundation for the large-scale on-chain entry of traditional financial assets.

Cascarilla mentioned that Paxos's goal is to drive traditional assets into the on-chain environment and continue to expand in stablecoins and asset tokenization areas, including the growth of USDG and gold tokenization products. He believes public chains will become a globally unified asset trading arena, significantly increasing market accessibility and liquidity.

Galaxy DeFi Lead: Solana is the Only Blockchain Capable of Hosting Tokenized Securities

On December 11, Galaxy DeFi Lead Marcantonio stated at the Solana Breakpoint Conference: "Galaxy Digital is publicly traded on Nasdaq as a stock. But we chose to tokenize our own stock on Solana because, in our view, Solana is the only blockchain that has the required speed and efficiency to host tokenized securities."

We want Solana to take an absolute lead, so much so that when you compare the price of Solana to the same asset on the Nasdaq, you would choose to buy on Solana. That's our ultimate goal.

Anza Chief Economist Max Resnick: SOL Trading Volume on Solana Network is Three Times That of Binance, Competition Intensely Fierce

On December 11, Max Resnick, Chief Economist of Anza, a research and development company focusing on Solana, stated at the Solana Breakpoint Conference, "We hit 100,000 TPS back in May. Not on a testnet, not in a whitepaper, but on mainnet. The market structure is also evolving in real-time: proprietary market makers are tightening spreads, and now the trading volume of SOL-USD is three times that of Binance, with extremely fierce competition, and the order book is getting tighter and deeper every day."

Circle CEO: Launching Circle Gateway on Solana

On December 11, Jeremy Allaire, Co-Founder and CEO of Circle, announced at the Solana Breakpoint Conference that Circle will soon launch Circle Gateway on Solana, enabling cross-chain instant access to a unified USDC balance.

Sunrise CEO: Successfully Launched MON, Trading Volume Surpasses Hyperliquid and Various CEX Platforms in the Last 24 Hours

On December 11, Saeed, CEO of Sunrise, a liquidity gateway in the Solana ecosystem, stated at the Solana Breakpoint Conference that the first asset launched by Sunrise on Solana was the MON token. We took a non-native token that was not originally issued on Solana and introduced it directly into the Solana ecosystem on the first day and in the first minute. It not only competes with all other on-chain exchanges but also faces various CEX competitors.

As a result, within 24 hours of listing, its trading volume exceeded that of well-known platforms such as Hyperliquid, KuCoin, Kraken, Coinbase, Bybit, Bitget, Gate, among others—some of which have user bases exceeding a million. What's even more impressive is that it has tighter spreads than these established CEX platforms, higher trading volumes, and all of this is supported solely by the native Solana ecosystem user base.

Furthermore, Saeed believes that if assets can be issued on Solana and these assets can compete with centralized counterparts in terms of efficiency, this is not just a matter of listing cryptocurrencies but could also include stocks, commodities, or any financial product.

Helius CEO: Suggests Investors Buy BSOL to Help Developers Build Faster Applications

On December 11, Helius CEO mert stated at the Solana Breakpoint conference that investors can purchase Bitwise's issued stock token BSOL (Bitwise's SOL spot ETF managed by us), and precisely because you bought it, we take the proceeds to make the network run faster—so with each of your transactions, you directly help developers build applications faster.

Circle CEO: Solana's Appeal Growing Stronger, More Platforms Adopting USDC on Solana as Primary Infrastructure

On December 11, Circle CEO Jeremy Allaire expressed at the Solana Breakpoint conference that Solana's transaction volume far exceeds that of all other chains. Solana's infrastructure is increasingly maturing, and its appeal is growing. More and more large consumer- and merchant-facing platforms are choosing to use USDC on Solana as their preferred infrastructure.

DoubleZero Co-founder: 15 Core Contributors Providing Fiber Optics for Solana to Build High-Performance Alternative Internet

On December 11, DoubleZero co-founder Austin Federa announced at the Solana Breakpoint conference that DoubleZero has numerous independent contributors—now grown to 15—who are contributing fiber capacity to the DoubleZero network. These are physical fiber optics being brought in to establish a fully independent transmission path for Solana.

This "crowdsourced fiber" approach is unprecedented: all existing high-performance chain networks are operated by a single company holding a master private key; DoubleZero lacks this "single point" and instead has 15 contributors laying and controlling their own fiber lines.

Yat Siu: Animoca Brands has Invested in Over 628 Portfolio Companies, with Around 200 Being Game Projects

On December 11, Yat Siu, Co-founder and Director of Animoca Brands, stated at the Solana Breakpoint Conference that Animoca Brands' proprietary asset investment portfolio includes over 628 portfolio companies, with approximately 200 being gaming projects. He sees Bitcoin as digital gold and considers Altcoins to be akin to the stock market, serving as the growth engine of the crypto space. Given that Altcoins carry real-world use cases, their total market capitalization is expected to eventually far surpass that of Bitcoin.

OSL Group to Launch Stablecoin USDGO on Solana

On December 11, Anson Zeall, Chief Commercial Officer of OSL Group, announced at the Solana Breakpoint 2025 Summit that OSL Group will be issuing the US dollar stablecoin USDGO on the Solana network. OSL Group will be the brand and distribution partner for USDGO, with Anchorage Digital Bank as the issuer.

It is reported that USDGO is pegged 1:1 to the US dollar, compliant with US federal regulations, and is set to launch officially in the first quarter of 2026. Solana will be the first public chain to deploy USDGO, with plans to expand to more chains in the future. It is not just another stablecoin but a genuinely compliant stablecoin payment infrastructure for enterprises and institutions.

Bhutan Announces World's First Sovereign Gold-Backed Token TER on Solana

On December 11, Bhutanese government officials announced another milestone collaboration with Solana at the Solana Breakpoint 2025 Summit, advancing Bhutan's journey towards becoming a "crypto-friendly nation":

December 17, 2025—Bhutan National Day—the world's first sovereign gold-backed token will go live on the Solana chain. The token, named "TER," meaning "treasure" in Dzongkha, the Bhutanese language.

TER is set to be anchored 1:1 to Bhutan's national treasury gold, in real-time auditable, sub-second settlement SPL token form, making its debut in the world of on-chain assets.

Solayer Mainnet Alpha Version Officially Launched, Supporting Real-Time Financial Applications

On December 11, Solayer officially released its InfiniSVM Mainnet Alpha version. InfiniSVM is a hardware-accelerated blockchain capable of achieving a sustained throughput of 300,000 transactions per second and offering sub-second finality. The network enables developers to deploy existing Solana applications with superior performance, unlocking use cases in high-frequency trading, real-world assets, and institutional finance.

Users can connect SOL to sBridge and immediately interact with deployed applications. Developers can access documentation and deployment tools to start building on InfiniSVM.

This release coincides with Solana Breakpoint in Abu Dhabi, marking Solayer's integration into the Solana ecosystem and commitment to supporting it while continuously expanding its capabilities in demanding application categories.

Galaxy Founder: Solana Still Seen as a Blockchain Network "Built for Capital Markets"

On December 11, Galaxy Founder and CEO Mike Novogratz stated at the Solana Breakpoint conference:

"With regulations gradually becoming clear, the industry has entered a stage where there is a 'must truly build products that users will use.' The value of crypto assets is being jointly driven by the community and real growth, and the narrative must be supported by genuine usage and innovation. Solana has high-speed performance and is seen as a chain 'built for capital markets,' with Galaxy's collaboration with Jump also based on its capabilities in high-frequency infrastructure."