Solana, recognized for its high throughput blockchain capabilities, has recently been incorporated into the
Reliance Global
Group's Digital Asset Treasury. This move is part of a broader strategy to expand and diversify its blockchain holdings. The purchase of Solana's native asset (SOL) comes after prior allocations to
Bitcoin
,
Ethereum
,
Cardano
, and
XRP
, further demonstrating Reliance's dedication to utilizing blockchain for sustainable value, as stated in a
Reliance Global Group press release
. Solana’s hybrid Proof-of-Stake and Proof-of-History system enables it to process over 65,000 transactions per second (TPS) with minimal delay, making it an attractive option for organizations in need of scalable blockchain infrastructure.
At the same time, the blockchain sector is experiencing swift progress in AI-powered financial technologies. Kite AI, a Layer 1 blockchain tailored for the "Agent Internet," has directly adopted Coinbase's X402 Agent Payment Standard. This allows AI agents to independently carry out payments using standardized, intent-based instructions, according to an
eBlockMedia report
. Announced on October 25, this integration establishes Kite AI as a core platform for the emerging agent-driven economy, where automated transactions between machines are made more secure and interoperable, as highlighted in a
CryptoNews report
. The system separates authentication from payment, optimizing the platform for frequent, low-value transactions—an essential capability for AI agent ecosystems.
Kite AI's adoption of the X402 protocol is further supported by a recent investment from
Coinbase
Ventures, following a $33 million funding round led by PayPal Ventures and General Catalyst, as reported by
BlockBeats report
. This funding will drive the advancement of its AI-powered agent payment infrastructure and foster collaboration with Coinbase to encourage the use of the X402 protocol. Kite AI also integrates with other standards like Google's AP2, ERC-8004, and OAuth 2.1, reinforcing its ambition to serve as a universal settlement and execution layer for the Agent Internet, as previously noted by eBlockMedia.
These innovations reflect a larger movement within the blockchain industry to meet the increasing need for autonomous financial systems. Reliance’s decision to add
Solana
to its treasury signals trust in the platform’s practical applications, while Kite AI’s advancements in agent-based payments highlight the industry’s evolution toward programmable financial ecosystems. As more institutions turn to blockchain for its scalability and performance, the convergence of AI and decentralized finance is set to transform traditional financial models.