Lily Liu

Solana

2026-09-03 13:23:08

Lily Liu Says Internet Capital Markets Will Grow Into the World’s Largest Capital Market

Lily Liu, chair of the Solana Foundation, argues that tokenization should not be read as a short-term market rally but as a longer shift in which money, assets, and ownership move onto always-on internet infrastructure. In her view, this change is creating an internet capital market that can eventually outscale every existing capital market. Liu says four forces are now converging: stablecoins have shown that money can move on-chain at global scale, financial institutions are bringing assets onto blockchains, blockchain infrastructure has reached the speed and cost levels needed for real economic activity, and AI is producing a new class of economic actors that need programmable money to operate. Together, she argues, those trends change who can issue assets, who can invest in them, and how those assets reach investors. She also points to early signs already visible on Solana. Over the past year, real-world assets worth hundreds of billions of dollars were traded on the network, according to her article. She added that Visa uses Solana for USDC settlement, PayPal has brought PYUSD payments and payouts to the network, MoneyGram offers fiat-to-digital-asset conversion rails, and Western Union launched the USDPT stablecoin on Solana. Stablecoin transfers on the network exceeded $4.7 trillion over the past year, she wrote.

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Solana

2026-09-02 12:44:03

Solana Foundation Chair Lily Liu: Token Super Cycle Underway as Capital Moves to 24/7 Infrastructure

Lily Liu, chair of the Solana Foundation, stated that capital, assets, and ownership are migrating to round-the-clock internet infrastructure, forming a long-term token super cycle. She emphasized that tokenization not only moves assets on-chain but transforms them, enabling value to be issued, held, financed, and traded in a never-closing market. Liu pointed to stablecoins as proof that funds can flow globally on-chain, with financial institutions pushing assets onto blockchain infrastructure that now meets real economic demands for speed and cost. Additionally, AI economic agents require programmable money. When these factors converge, any value with clear ownership could be tokenized, gaining broader distribution, financing, and trading channels. In the past year, Solana saw hundreds of billions in RWA trading volume, including tokenized U.S. Treasuries, equities, and private credit, while stablecoin transfers exceeded $4.7 trillion. Liu said tokenization can also help investors overcome geographic, minimum investment, and qualification barriers, and allow assets to be used as collateral or generate yield. Although the current on-chain market is still far below traditional markets, the infrastructure could eventually reach 5.5 billion internet users worldwide.

870

Solana

2026-08-12 16:32:38

Solana wrestles with whether its foundation should back one perps winner or let the market decide

A public dispute over Solana’s perpetual futures market has turned into a broader argument about what a well-funded ecosystem foundation is supposed to do when several teams are chasing the same category. The debate started after Flash.Trade founder Anas Khader said he was shutting down his exchange on Aug. 7 and blamed, in part, what he described as the Solana Foundation’s cold support for a single rival team. Two days later he named Phoenix, claiming it benefited from foundation-linked grants, though he offered no evidence and the foundation has not disclosed recipients or amounts under its perps initiative. The clash quickly widened beyond one protocol. Commentators including Fabiano argued that Phoenix’s fully onchain design captures more activity for Solana itself, making a concentrated push easier to justify if the goal is to build a true rival to Hyperliquid. On Aug. 10, Solana Foundation President Lily Liu rejected the idea of “king making,” saying the right principle is “open meritocracy”: actively enable competition and let the market decide. Solana Labs co-founder Anatoly Yakovenko and Anza economist Max Resnick then joined the discussion, extending it into a larger question about token value, chain architecture, and how ecosystem resources should be deployed.

640

Solana

2026-08-11 05:41:17

Solana Foundation says its focus is attracting talent and capital, not backing a single favored team

The Solana Foundation’s main job is to bring talent and capital into the Solana ecosystem rather than elevate one team through a “myth-making” approach, according to Foundation Chair Lily Liu. Speaking on Aug. 11, Liu said the organization does not agree with mechanically applying the idea of “credible neutrality” to ecosystem governance. Instead, she said, it favors open competition and letting the market determine which projects succeed. Liu also addressed product priorities inside the Solana ecosystem. She said the foundation has supported multiple perpetuals teams over a long period and views fully on-chain perps as having greater long-term value for both decentralized finance and Solana than pool-based trading models or off-chain execution. According to her, several teams are already pushing ahead with related efforts. Her remarks outline a foundation stance that emphasizes broad ecosystem development over concentrating support on a single project.

1770

Solana

2026-08-11 04:42:54

Lily Liu says Solana Foundation will not "make kings" and leaves perpetuals race to the market

Solana Foundation President Lily Liu said the foundation’s work is centered on two goals: bringing top talent and capital to Solana. In her view, talent and capital depend on each other and neither can be treated as secondary. She also pushed back against what she described as a "king-making" approach, calling it short-sighted and self-limiting. Liu said the foundation follows an open, merit-based approach that encourages competition rather than picking winners. She added that "credible neutrality" may work in code, but is not sufficient when applied to human decisions that require judgment. On that basis, she argued that no one stands above the market and that outcomes should be decided through competition. Addressing perpetual contracts, Liu said the foundation has consistently supported builder diversity. She pointed to the public perpetuals initiative and the frontier trader program as part of its recent efforts. She also rejected claims that only one team on Solana can build fully onchain perpetuals, saying several teams have recently challenged that view. According to Liu, a fully onchain architecture carries greater value for DeFi and for Solana’s future, while the market — not the foundation — will determine which teams succeed.

1660

blockchain ga

2026-07-23 22:10:15

Solana Foundation Chair Says Blockchain Gaming Is Dead: Market Cap Crushed 87%

Solana Foundation Chair Lily Liu declared on X that blockchain gaming will never come back, triggering heated debate. Gaming token market cap plunged from $35B to $4.5B, an 87% drop. Co-founder Anatoly Yakovenko called on developers to prove her wrong.

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