
CoinDesk Podcast Network How Solana Plans to Build Financial Infrastructure for 5.5 Billion People
Dec 12, 2025
In this engaging discussion, Lily Liu, President of the Solana Foundation and a prominent leader in the Solana ecosystem, shares her vision for building financial infrastructure aimed at 5.5 billion internet users. She highlights the importance of product-focused events and unifying liquidity to foster institutional growth, citing partnerships with big names like JP Morgan and Coinbase. Liu also emphasizes the need for robust developer tooling to attract builders and adapt to enterprise requirements, all while advocating positive-sum collaboration across blockchain ecosystems.
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Conference Focused On Shipping Products
- Breakpoint shifted from panels to short product keynotes to spotlight shipping projects instead of ideas.
- Lily Liu says this format honors builders and keeps the audience engaged with rapid-fire five-minute presentations.
Perps DEX And Institutional Momentum
- Solana announced Phoenix, a native perps DEX from Ellipsis, reflecting work on on-chain market microstructure.
- Liu dismisses the meme-coin critique and points to institutional usage and production-grade DeFi builds.
Enterprise Partnerships Validate Solana
- Institutions like JP Morgan and Coinbase are building on Solana, using it for commercial paper and core integrations.
- These partnerships signal Solana moving beyond retail narratives toward enterprise and regulated use cases.

