Solana Ecosystem Sees Wave of Infrastructure Launches Including Native Payments, Mobile Trading, and Perpetuals Platform

Jun 1, 2026

The Solana ecosystem has expanded with several key infrastructure launches. The Solana Foundation deployed a native on-chain program for recurring payments, aiming to compete with giants like Stripe. Separately, perpetuals exchange Phoenix launched mobile browser-based trading, while Solayer released its Margin Trade mainnet, a multi-asset platform for trading crypto, commodities, and equities.

Solana native subscriptions program launch

▪The Solana Foundation has launched an on-chain program on its mainnet for recurring billing, capped allowances, and contractor payments.
▪The new payments program is compatible with both SPL Token and Token-2022 standards and has been audited by Cantina.
▪The Subscriptions Delegation Program supports three models: a fixed allowance with a cap, a recurring pull-payment delegation, and merchant-published subscription plans.

Solana infrastructure competitive positioning

▪Margin Trade allows for multi-asset trading of crypto, commodities like gold and oil, and a synthetic U.S. equity index from a single account.
▪On May 13, 2026, Phoenix recorded an all-time high daily trading volume of $4.3 million.
▪At the time of the launches, Solana was the third-largest blockchain by total value locked (TVL) with $5.08 billion.
▪Phoenix Trade, a perpetuals exchange on Solana, has launched mobile access for its trading platform via web browser, not requiring a separate app.
▪The Solana payments program is designed to compete with off-chain payment processors like Stripe, which processed $1.9 trillion in total payment volume in 2025.
▪Phoenix's platform uses a fully on-chain order book, unlike many competitors that rely on oracle-based pricing or off-chain engines.
▪Solayer has launched the mainnet for Margin Trade, a new on-chain perpetuals trading platform built using the Solana Virtual Machine.

Design partner integrations

▪Six design partners, including Helius, Dynamic, and Confirmo, are integrating the Solana Foundation's new payments program.
▪Stablecoin payment gateway Confirmo will use the program to automate stablecoin invoice collection.
▪Infrastructure provider Helius is using the program to let customers subscribe to API tiers directly on-chain.
▪Wallet-as-a-service provider Dynamic is integrating the program into its checkout flows.

Prior onchain billing protocol performance

▪Sablier, a token-streaming protocol from 2019, holds $3.54 million in active protocol total value locked.
▪Superfluid, a streaming protocol launched in 2020, holds $4.54 million in total value locked across multiple chains.
▪Previous on-chain recurring payment protocols like Superfluid and Sablier have not achieved mainstream merchant adoption.