Solana Payment Channels Hit 1 Million TPS, Partner With Alibaba

Solana's new payment channel technology has reached a milestone of processing over 1 million transactions per second, reducing costs for AI and API payments. This innovation, launched in partnership with Alibaba Cloud, enables users to authorize a spending ceiling on-chain while transactions occur off-chain through signed messages.

Payment channels are a scaling solution that allows users to streamline high-frequency payments without requiring per-call approvals or manual account setups. The technology is particularly targeted at AI-agent payments and high-frequency API use cases, where transaction speed and cost efficiency are critical.

The system has already been integrated with Alibaba Cloud's API endpoints, allowing developers to streamline payments for cloud services. Solana's testing simulated 100,000 wallets transacting in parallel, achieving over 1 million payments per second, which translates to a staggering 80 billion payments in 24 hours.