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The feature was announced in a tweet on Solana’s official X account. It said:
“JUST IN: Alibaba, the world’s largest e-commerce company, demonstrates powerful Solana RPCs.”
The tweet included a video demo featuring Zhao Qingyuan, a representative of Alibaba Cloud Intelligence Group. The Alibaba team member highlighted the capabilities of Solana RPC nodes and their impact on cloud infrastructure performance, reducing latency over the backbone network to as low as 2 ms.
SOL is currently trading around $79, with a market cap of $44.9 billion, and has lost 4% in the last 24 hours. It does not seem likely that Alibaba’s announcement will affect the spot price.
 Solana becomes a leader in enterprise-level solutions?
Solana is often touted as the leading programmable Layer-1 blockchain network with strong on-chain metrics. While its fame is often associated with Play-to-Earn (P2E) games and memecoins, the network has a lot to offer the enterprise software industry.
Alibaba is also not the first cloud service provider to use Solana’s ecosystem for business-based solutions. Google Cloud also features a block producing validator for network reliability and other tasks. Stripe, VISA and PayPal use the SOL infrastructure for stablecoin transactions.
The Solana blockchain is also witnessing great on-chain performance despite the continued price decline. The number of active wallet addresses will double to 5 million by 2026. Here’s his stance when it comes to the number of transactions over the past 30 days:
SOL struggles below $90
Despite strong adoption numbers, Solana’s native cryptocurrency continues to struggle in the broader altcoin market. SOL is currently down 72% from its All-Time High (ATH) of $294, following a recent price drop that pushed the index below $100.
The seventh largest cryptocurrency by market cap has seen better days, after a disappointing 2025 and a frustrating start to 2026. However, with strong on-chain performance and increasing adoption, SOL can remain relevant not only in the crypto economy, but also in the broader enterprise infrastructure management space.
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