Solana Foundation
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Solana Trims Block Slot Time to 350ms — Its First Speed Cut Ever
Solana has reduced its mainnet slot time from 400 milliseconds to 350 milliseconds, marking the first speed cut in its history. This change is the initial phase of a four-stage plan aiming for a 200ms slot time, with each step requiring validator approval. The update coincides with Securitize tokenizing Neuberger's fixed-income platform on Solana and a record high in tokenized equity supply on the network.
Solana Gets Direct Access to MoneyGram’s 500,000 Cash Counters as Ramps Expands Beyond Stellar
MoneyGram Ramps has expanded its services beyond Stellar to include the Solana blockchain, providing direct access to its network of nearly 500,000 retail cash counters. This integration allows Solana wallets, such as Rift, to directly deposit and withdraw cash using USDC, eliminating the need for third-party bridges. The expansion aims to facilitate remittances, cross-border payouts, and aid distribution by connecting digital assets to physical cash networks globally.
Google Cloud and Solana Foundation Introduce Pay.sh for API Transactions
Google Cloud and the Solana Foundation have launched Pay.sh, a new payment gateway that allows AI agents to autonomously purchase API access using stablecoins on the Solana network. This system simplifies transactions by eliminating traditional accounts and subscriptions, enabling new monetization opportunities for enterprises by allowing AI agents to access private data stored in Google Cloud.
Solana Foundation President Announces the End of Crypto Gaming
Solana Foundation President Lily Liu has expressed significant doubts about the future sustainability of blockchain-based gaming, citing industry challenges and Meta's struggles with its metaverse projects. Liu believes blockchain technology's core strength lies in finance rather than gaming, advocating for a strategic redirection towards financial applications.
