Latest news with #SolanaFoundation
Yahoo
14-07-2025
- Business
- Yahoo
DePIN Explained: What is a Decentralized Physical Infrastructure Network?
DePIN Explained: What is a Decentralized Physical Infrastructure Network? originally appeared on TheStreet. When you hear DePIN, picture a global network of hardware nodes, like mapping stations or environmental sensors, that anyone can deploy and earn tokens for running. By contrast, traditional infrastructure rollouts require massive budgets, long lead times and centralized coordination. In an interview with TheStreet Roundtable, Amira Valliani, head of DePIN at the Solana Foundation, explained that DePIN, or 'decentralized physical infrastructure network,' is a token-driven model for community-built hardware. 'It is a business-model innovation that lets us build wide-reaching infrastructure faster and more affordably by using crypto incentives,' Valliani said. Instead of a single company buying and installing all hardware, DePIN networks invite individuals and small operators to set up nodes — often called waystations — and earn tokens in exchange for providing data or coverage. At first glance DePINs may remind you of gig-economy platforms like Uber or Airbnb — Valliani agrees there is a two-sided marketplace element, but she stresses the scale is very different. 'Those platforms solved service-industry problems,' she noted. 'DePINs allow us to address expensive infrastructure projects that require huge up-front investments from a handful of centralized players.' Tasks such as centimeter-level mapping, rural connectivity backhaul or large-scale environmental monitoring typically take years and billions of dollars to bring online — DePIN flips that model. According to Valliani, three trends have converged to put DePINs in the spotlight. First, hardware costs are down — improvements in manufacturing mean custom sensors and receivers no longer cost millions to produce. Second, capital is pricier — with tighter financing conditions and higher borrowing rates, companies can no longer absorb huge spending without clear near-term returns. Third, AI needs real-world data — modern AI models feed on online text and images but lack up-to-date, on-the-ground context. 'AI today draws mostly from online sources,' Valliani explained. 'It needs a direct connection to the physical world, exact location and live connectivity status. DePINs can fill that gap.' One of the most striking examples is GEODNET, a mapping company delivering centimeter-level accuracy globally. Valliani said that meter-level precision works for everyday navigation, 'but robots, drones and autonomous machinery often require centimeter-grade data to perform safely and efficiently.' In the past, building that kind of network across rural regions would have demanded hundreds of millions in hardware spend and extensive logistical planning. With DePIN, anyone can buy a waystation, install it on a rooftop or in a field and earn tokens for broadcasting ultra-precise location data — creating a network far larger than its nearest competitor at a fraction of the cost and time. By crowdsourcing hardware deployment, DePINs democratize access to critical infrastructure. Farmers, local ISPs and research institutions can join network expansion rather than wait for centralized corporations to build every node. As demand for real-world data climbs — driven by AI, the Internet of Things and climate monitoring — DePINs may become the framework for tomorrow's digital-physical infrastructure built by communities around the globe. Valliani acknowledges that token economics and governance present new challenges. DePIN networks must balance token issuance to reward node operators while avoiding inflation. They also need clear protocols for data validation and privacy to ensure information meets regulatory and quality standards. 'We are designing incentive mechanisms that encourage honest reporting and long-term participation,' she said. Hardware interoperability is another hurdle. Without common standards, data from different waystations may not integrate smoothly. The Solana Foundation is working with industry groups to develop open specifications so sensors and receivers can communicate seamlessly across networks. Despite these obstacles, Valliani remains optimistic. 'DePINs turn anyone into an infrastructure builder,' she said. 'That collective effort can outpace traditional deployments, both in scale and speed.' As token models mature and standards emerge, DePINs could reshape how the world builds and maintains everything from high-precision maps to environmental monitoring systems. DePIN Explained: What is a Decentralized Physical Infrastructure Network? first appeared on TheStreet on Jul 14, 2025 This story was originally reported by TheStreet on Jul 14, 2025, where it first appeared.
Yahoo
09-07-2025
- Business
- Yahoo
Crypto Exchange Bullish Teams Up With Solana for Institutional Stablecoin Push
Crypto exchange Bullish has teamed up with the Solana Foundation, aiming to make Solana-native stablecoins the backbone of its trading and clearing operations. Under the collaboration, the two will work on institutional-grade financial infrastructure with stablecoins built on Solana to serve as the primary rails for custody, payments, and settlements across Bullish's ecosystem, the companies announced Wednesday. The Bullish Exchange, which clears over $2.3 billion in average daily volume, is owned by the Bullish Group, which is also the parent of CoinDesk. The move underscores a shared push to build faster, cheaper infrastructure that merges traditional and decentralized finance. 'We're excited to collaborate with the Solana Foundation,' said Tom Farley, the CEO of Bullish, in a press release shared with CoinDesk. 'Solana has proven itself as rails for next-generation financial infrastructure—fast, efficient, and ready for institutional scale.' The collaboration comes as stablecoins are having a moment in crypto markets, emerging as key tools for payments and trading amid growing demand for low-cost, reliable digital dollars. Currently, the total market cap of stablecoins stands at $255.5 billion, with Solana stablecoin market cap at $10.9 billion, making it one of the top three stablecoin blockchains based on market cap, according to DeFiLlama data. Solana's speed and low fees have helped it attract a wave of new developers who are building projects that benefit from quick finality and scalability, like stablecoins, DeFi networks, or tokenization of real-world assets. 'Solana was built for moments like this—where performance, scale, and real-world adoption converge,' said Lily Liu, the President of the Solana Foundation, in the press in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
SOL Surges 8%, With Its CME Futures Volume Hitting an All-Time High
Solana's SOL token SOL is trading at $145.47, up 7.63% in the past 24 hours, as traders responded to a breakout surge backed by strong futures activity. The rally gained traction after a sharp bounce from $133.55 to $144.10, supported by above-average trading volumes during the 17:00 and 22:00 hours, according to CoinDesk Research's technical analysis model. Per a post on X earlier today by crypto analytics firm Glassnode, CME futures volume for SOL hit an all-time high of 1.75 million contracts, reflecting an increase in institutional interest. This marked the highest volume level since the exchange introduced SOL futures in March, signaling aggressive positioning by sophisticated market participants as price approached the $145 zone. In a separate development with longer-term significance, Kazakhstan's government issued a press release on May 30 announcing the creation of the Solana Economic Zone Kazakhstan (SEZ KZ), the first such initiative in Central Asia built on Solana's blockchain. The launch event took place in Astana with support from the Solana Foundation and government agencies. According to the Ministry of Digital Development, Innovation and Aerospace Industry, the SEZ will serve as a testbed for asset tokenization, blockchain engineering education, and foreign startup onboarding. The SEZ initiative includes three strategic pillars: Tokenized Capital Markets: A pilot program with AIX, Solana Foundation, Jupiter, and Intebix aims to introduce tokenized financial instruments into Kazakhstan's infrastructure. Web3 Talent Development: A nationwide blockchain education initiative will be launched in partnership with universities and Astana Hub. Startup Onboarding: With support from Forma, the country plans to attract international Web3 firms through infrastructure access, regulatory clarity, and business incentives. Technical Analysis Highlights SOL gained 7.63%, climbing from $133.55 to $145.47 within a $15.94 range. The sharpest rally occurred at 22:00, when price spiked to $146.90 on 3.92M volume. A high-volume support level was established at $132.43 during the 17:00 hour. SOL entered a consolidation zone between $143 and $146 with resistance at $146.55. A V-shaped recovery followed a dip from $144.88 to $143.59. Strong support emerged at $143.60 with 38,097 SOL volume at 13:53. A short-term support band formed between $143.60 and $143.80. Immediate resistance was observed at $144.30. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Associated Press
24-06-2025
- Business
- Associated Press
Korea Blockchain Week 2025 Announces Donald Trump Jr as Keynote Speaker With Sui, Stable, and 0G as Conference Partners
SEOUL, South Korea, June 24, 2025 /PRNewswire/ -- Korea Blockchain Week 2025 (KBW2025), Asia's leading Web3 conference, has released its second speaker line-up and confirmed its lead partners. A host of major figures from Web3 and global institutions have been selected as keynote speakers at the September event including American Bitcoin's Donald Trump Jr. Set to take place at the Walkerhill Hotel & Resort in Seoul on September 23-24, KBW2025 will feature conference partners Sui, Stable, and 0G, who will be represented by Adeniyi Abioduni, Joshua Harding, and Michael Heinrich respectively. Donald Trump Jr., a prominent businessman and the eldest son of President Donald Trump, is a key figure in crypto mining company American Bitcoin. With his extensive business acumen and strategic vision, he is propelling American Bitcoin to the forefront of the global crypto mining industry. Donald Trump Jr. leads the second round of speakers for KBW2025 which include the President of Solana Foundation, Lily Liu, who was also the former co-founder of which was acquired by Coinbase. Other speakers confirmed for the event are Keone Hon of Monad Foundation; Guy Young from Ethena Labs; Sentient's Sandeep Nailwal; Austin Federa of Double Zero; Farokh Sarmad from Rug Radio; Sebastien A from Sophon; and Charlie Hu of Bitlayer Lab. They join already confirmed speakers such as US Bitcoin co-founder and CEO Mike Ho, legendary crypto figurehead Arthur Hayes and Bybit's Ben Zhou. The lead conference partners for KBW2025 are Sui, Stable, and 0G. Sui's innovative Layer 1 blockchain platform, developed by Mysten Labs, enables anyone to own and utilize digital assets quickly and with privacy protection. Adeniyi Abiodun, co-founder and Chief Product Officer of Mysten Labs and a former Meta executive, will speak at the event, sharing insights on global Web3 adoption. Stable, also joining as a conference partner, is backed by Tether, the issuer of USDT. Stable aims to provide a stable and efficient transaction environment by using USDT as a transaction fee token and to serve as an infrastructure solution for enterprise payments. Joshua Harding, Stable's CEO, is expected to offer insights at KBW2025 on how stablecoin-based blockchain infrastructure will impact and create opportunities in the future financial markets. The third conference partner, 0G, is a modular Layer 1 blockchain project that positions itself as a decentralized AI operating system by integrating artificial intelligence with blockchain technology. Designed to support unrestricted scalability, it enables next-generation AI applications to run directly on-chain. Michael Heinrich, co-founder and CEO of 0G, will speak at the event, offering perspectives on the future shaped by the convergence of Crypto and AI, along with the opportunities and challenges it presents. KBW2025 brings together Crypto builders, entrepreneurs, and institutional investors to explore key topics ranging from AI to RWA tokenization. Delegates who attend the week-long event in September will be treated to a keynote from Eric Trump, renowned businessman and second son of the current US President. Korea Blockchain Week (KBW) has grown into Asia's premier blockchain gathering, delivering a dynamic week-long experience that blends an in-depth conference with hackathons, networking sessions, art showcases, and cultural celebrations. Acting as a vital link between South Korea's vibrant market and the global Web3 ecosystem. KBW2025 will emphasize real-world applications and international cooperation, solidifying Seoul's position as a global epicenter for Web3 innovation and investment. Attendees can anticipate a rich mix of networking opportunities, side events, and cultural immersion, ensuring a memorable experience. As a flagship event for the global Web3 community KBW2025 will serve as a nexus for the industry's sharpest minds to collaborate and innovate. About Korea Blockchain Week Korea Blockchain Week (KBW), founded by FACTBLOCK in 2018, is an annual Web3 festival held in Seoul, South Korea. It serves as a premier conference for blockchain and Web3 leaders to discuss industry trends, network, and exchange knowledge. As one of the crypto industry's longest-running events, KBW is a cherished institution that welcomes thousands of delegates for a week of conferences interspersed with cultural and networking events. Learn more: About FACTBLOCK FACTBLOCK is a Web3 ecosystem builder committed to enhancing blockchain integrity since 2018. Through initiatives like Korea Blockchain Week and FABLO, it connects global and Korean blockchain communities, promotes education, and supports innovation in decentralized technologies. Learn more: Contact Director of FACTBLOCK Youngil Jung [email protected] Photo: View original content to download multimedia: SOURCE Korea Blockchain Week
Web Release
09-06-2025
- Business
- Web Release
Solana Partners with VARA to Accelerate Crypto Growth in Dubai
In a significant development for the blockchain sector, the Solana Foundation has entered into an official partnership with Dubai's Virtual Assets Regulatory Authority (VARA). On 2 June, both parties signed a Memorandum of Understanding (MoU), committing to foster a more integrated and robust cryptocurrency community in Dubai and beyond. The collaboration is expected to promote innovation, support skilled professionals, and enhance the regulation and success of virtual assets. Solana and Dubai Collaborate to Create Blockchain Startup Zone This partnership outlines concrete objectives and key areas of collaboration. These include initiatives focused on talent development, industry data sharing, and hosting workshops tailored for cryptocurrency project founders. As part of the agreement, the IDO will assist the Solana Foundation in establishing a dedicated 'Solana Economic Zone' in Dubai, which will serve as a hub for Solana-affiliated startups, developers, and entrepreneurs. Cryptocurrency remains a core focus of Dubai's forward-thinking initiatives. The city, already recognised globally as a leading digital asset hub, benefits from Solana's alignment with VARA. This collaboration strengthens Dubai's position by connecting international blockchain professionals with the emirate's regulatory framework, promoting both innovation and security.
