
JPMorgan's MONY and JLTXX Tokenized Funds Go Live on Solana
Two tokenized money market funds pick up a second blockchain, ten months after the first went live on Ethereum. Access stays shut to everyone but qualified US investors.
Tech, protocols & infrastructure

Two tokenized money market funds pick up a second blockchain, ten months after the first went live on Ethereum. Access stays shut to everyone but qualified US investors.

The handover took about 900 milliseconds and validator votes now sit off chain. The 150ms finality figure is still a target; no account reports a measured result.

Anza fixed Alpenglow's mainnet handoff to a block height, not a clock. The accounts disagree on when that slot lands and on what a vote costs today.

Solana's new DvP program settles a tokenized asset and its payment in one transaction. J.P. Morgan contributed input and disclaimed everything beyond it.

Anza retired TowerBFT on the developer cluster on Friday evening, the second public test network to switch. Nothing published this week sets a mainnet date.

Proposal 68 passed with 58% turnout. ZETA becomes a Solana token one-for-one, and a second vote will set the snapshot and the shutdown block.

The third of four staged cuts under SIMD-0525 landed Friday morning. Each slot carries proportionally less compute, so throughput does not move.

The opt-in format lifts the transaction ceiling from 1,232 bytes to 4,096 and drops Address Lookup Tables. Legacy transactions keep working unchanged.

SIMD-0525 took Solana's target slot from 400 to 350 milliseconds in epoch 1020. Three more 50ms cuts are staged, each needing a fresh validator supermajority.

Solana lifted its maximum block compute budget from 60 million units to 100 million at epoch 1009, a 66% capacity increase that left slot timing untouched.

Solana now drops validators without a registered BLS key from the leader schedule. About 3.87% of stake was still unregistered at epoch 1004.

Solana's independent validator client hit testnet at v1.1.0 on July 16, the same week Agave opened its 4.3 branch, the release set to carry Alpenglow.