From FTX debris to global finance: Solana’s 2026 plan is all about the application layer

Resilience built from the debris of 2022 is now shaping the Solana ecosystems future, leaders from Jupiter, Backpack, Kamino and DoubleZero argued at Consensus Hong Kong 2026. What to know : A few years after the collapse of FTX nearly took it down by association, Solana’s core builders say the network’s next phase will be defined not by survival, but by scaling into global finance. While Solana became known during the last cycle for memecoin mania and speculative trading, the next chapter will center on bringing more traditional finance onchain, panellists argued at Consensus Hong Kong 2026. Upcoming upgrades aimed at reducing latency and improving confirmation times are expected to strengthen Solana’s pitch as a high-performance, general-purpose execution layer. But the panel cautioned against complacency.