Solana has outlined a fresh batch of network updates spanning payments, infrastructure, institutional tooling and on-chain adoption metrics. The headline items include Samsung Wallet integrating cross-border USDC payments on Solana, and the Solana mainnet beta cutting its target block time to 200 milliseconds, which the network said represents a 2x speed improvement.
The Solana Foundation also introduced Solana DvP, an open-source delivery-versus-payment settlement framework aimed at institutions. On the institutional side, BNY expanded its digital asset custody support to SOL under the European Union’s MiCA regime. Securitize launched its tokenized equities product, Securitize Stocks, on Solana, while Orca and Loopscale combined under the Formation name.
Solana also pointed to several network milestones. Stablecoin-holding addresses on the network have topped 14 million, setting a record high. Daily active addresses reached 1.88 million, the strongest level in 13 months. Cumulative spending through stablecoin cards has surpassed $1 billion, and the number of tokenized stock products on the network has climbed above 2,000.
Solana has released a roundup of recent network developments across payments, core infrastructure, institutional services and adoption metrics.
Among the updates, Samsung Wallet has partnered with Solana to support cross-border USDC payments. Solana also said the target block time on mainnet beta has been reduced to 200 milliseconds, a 2x increase in speed. The Solana Foundation, for its part, has launched Solana DvP, an open-source delivery-versus-payment settlement framework for institutions.
On the institutional and product side, BNY has expanded digital asset custody support to SOL under the European Union’s Markets in Crypto-Assets, or MiCA, framework. Securitize has launched its tokenized stock product, Securitize Stocks, on Solana. Orca and Loopscale have also merged into Formation.
Solana listed several network milestones as well. The number of stablecoin-holding addresses on the network has exceeded 14 million, reaching a record high. Daily active addresses climbed to 1.88 million, the highest level in 13 months. Cumulative spending through stablecoin cards has passed $1 billion, and the number of tokenized stock products has moved above 2,000.
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