Solana Partners with Alibaba Cloud, Hits 1 Million TPS for AI Payments

Key Facts

1Solana announced its payment channels have reached a processing speed of 1 million transactions per second (TPS).

2The channels were launched in partnership with Alibaba Cloud to reduce costs for AI and API payments.

In a move reflecting the accelerating adoption of blockchain technology in cloud infrastructure, Solana has announced a technical breakthrough with its payment channels reaching a processing speed of 1 million transactions per second (TPS). According to reports, these channels were launched in partnership with Alibaba Cloud to significantly reduce costs for AI and API-related payments. This strategic collaboration aims to eliminate transaction bottlenecks and provide efficient solutions for high-frequency digital interactions.

This partnership comes as major tech firms seek to enhance digital system efficiency, with Alibaba Cloud emerging as a key partner in optimizing infrastructure for AI-agent payments. Per market data, Alibaba's stock (9988.HK) closed at 107.5 HKD on September 3, 2026, reaching a daily high of 110.7 HKD. These technical advancements reflect institutional interest in scaling solutions that ensure assets remain non-custodial while drastically reducing on-chain activity and fees.

Looking at current price levels, 9988.HK stood at 107.5 HKD (close of September 3, 2026) amid trading that remained above the 106.5 HKD level. Investors are monitoring how these technical partnerships will impact long-term operational performance, especially as global digital payment services continue to expand. Regarding the economic calendar, there are no upcoming events directly linked to the mentioned instruments, leaving the focus on the network's technical evolution.