World’s Largest Ecommerce Company Alibaba Demos High-Performance Solana RPCs ⋆ ZyCrypto

Alibaba, the world’s largest Business-to-Business (B2B) e-commerce player, has recently unveiled Solana-based Remote Procedure Calls (RPCs) for improving its infrastructure. The move is an interesting development, as the company is based in mainland China, where Solana, along with other cryptocurrencies, has been banned entirely for the past 5 years.

The feature was announced in a tweet by Solana’s official X account. It stated:

“JUST IN: Alibaba, the world’s largest ecommerce company, demos high-performance Solana RPCs.”

The tweet included a video demo featuring Zhao Qingyuan, a representative from Alibaba Cloud Intelligence Group. The Alibaba team member highlighted the capabilities of Solana RPC nodes and their impact on cloud infrastructure performance, reducing latency to as low as 2ms through its backbone network.

SOL is currently trading at around $79, with a market capitalization of $44.9 billion, and has lost 4% over the last 24 hours. It doesn’t seem likely that the Alibaba announcement will affect its spot price.

Solana to Lead in Enterprise-grade Solutions?

Solana is often touted as the leading programmable layer-1 blockchain network with strong on-chain statistics. While its claim to fame is often associated with Play-to-Earn (P2E) games and memecoins, the network offers much to the enterprise software industry. 

Alibaba is also not the first cloud service provider to use Solana’s ecosystem for enterprise-based solutions. Google Cloud also operates 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 stellar on-chain performance despite the ongoing price downturn. The number of active wallet addresses doubled in 2026 to 5 million. Here is its position when it comes to the number of transactions for the last 30 days:

SOL Struggling Below $90

Despite strong adoption metrics, Solana’s native cryptocurrency continues to struggle alongside 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 7th-largest cryptocurrency by market capitalization has seen better days, following 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.