- Solana adds encrypted token features through Confidential Balances to support privacy without slowing transactions.
- Developers can now build private apps on Solana using tools that support encrypted transfers and hidden supply.
- PumpFun relaunches its livestream tool with new controls after past misuse caused a drop in user activity.
Solana developers have launched the Confidential Balances Token Extension on the mainnet. The update brings new privacy features to the ecosystem. The extension allows users to encrypt token balances and transfers while maintaining Solana’s fast transaction speeds. It supports zero-knowledge (ZK) encryption, tailored for institutional compliance. This move is seen as a response to increasing demand for privacy in blockchain applications.
The Confidential Balances Token Extension includes three core features. These are encrypted token transfers, private mint and burn operations, and discrete transaction fee handling. The extension allows teams to build systems with enhanced privacy without exposing sensitive information such as total token supply.
Privacy Tools Designed for Developers
Solana developers can deploy this solution in different environments. These include server-side Rust backends for technical teams building custom infrastructure. The extension also supports Wallet-as-a-Service (WaaS) integrations for custodial service providers. In addition, it works with decentralized applications that require trusted confidential token handling.
These tools allow builders to create privacy-focused applications across multiple use cases. Developers aiming for enterprise-grade compliance can now meet privacy requirements without moving away from Solana’s ecosystem. The solution helps in keeping user and transaction data confidential.
Use Cases Targeting Institutional Adoption
Confidential Balances was built with institutional needs in mind. It supports encrypted payroll systems, where employee compensation data must remain private. It also enables secure business-to-business payment transfers. Developers building privacy-focused wallets or decentralized apps can now integrate these features directly into their platforms.
With increasing regulatory attention on digital transactions, tools like Confidential Balances may become essential. Institutions adopting blockchain often require strong privacy and compliance mechanisms. Solana’s update offers a way to meet those standards while using a public blockchain.
PumpFun Resumes Live Stream Feature After Review
Meanwhile, PumpFun, a leading meme coin launchpad on Solana, has relaunched its livestream feature. The tool had been suspended in several countries, including the United Kingdom. Users previously misused the feature to promote tokens in ways that drew criticism. This led to a sharp decline in platform engagement.
With rebranding efforts, PumpFun has reinstated the feature with stricter controls. The changes are aimed at improving transparency and reducing misuse. These steps reflect broader efforts in the Solana ecosystem to enhance quality and trust. Developers continue to introduce features that support both institutional growth and community engagement.
