Alchemy powers Solana Developer Platform

Alchemy is a founding node infrastructure partner for Solana Developer Platform (SDP), the Solana Foundation's new API-driven platform for enterprises and financial institutions building onchain.

SDP's early users include Mastercard, Worldpay, and Western Union — three of the most recognized names in global payments — signaling a clear inflection point for institutional adoption of onchain infrastructure.

What is SDP?

SDP aggregates best-in-class infrastructure across the Solana ecosystem into a single interface, organized around three core API modules: issuance (tokenized deposits, stablecoins, RWAs), payments (fiat and stablecoin orchestration across B2B, B2C, and P2P), and trading (atomic swaps, vaults, onchain FX). The issuance and payments modules are live today.

For enterprises that have been exploring blockchain but haven't found a clean on-ramp, SDP removes the guesswork. It handles the complexity — node infrastructure, wallet provisioning, compliance, fiat ramps — so teams can focus on building products, not plumbing.

Why this matters

As the world's leading blockchain infrastructure provider, Alchemy's role within SDP is to abstract away blockchain complexity, giving enterprise developers reliable blockchain infrastructure so they can build with no-code or low-code tooling from day one.

Alchemy has a long track record of powering institutional and enterprise blockchain applications since 2017. Today, the platform processes over $4.2 trillion in annual onchain transactions and serves customers across more than 160 countries. Alchemy supports institutional innovation in blockchain, like the launch of J.P. Morgan's deposit token, and companies including Robinhood, Coinbase, Visa, Stripe, Circle, and more.

Alchemy has also made years of dedicated investment in Solana. Alchemy's Solana infrastructure was purpose-built from the ground up in collaboration with the teams from DexterLab and Bware Labs, both acquired by Alchemy to deepen its Solana-native capabilities. DexterLab previously powered Solana infrastructure for organizations including Google, Chainstack, and the Solana Foundation. The combined engineering effort produced a custom architecture — replacing conventional Bigtable-based systems with a multi-region HBase infrastructure designed specifically for Solana's data throughput — delivering 99.99% uptime, multi-region failover, and high-performance archival and streaming APIs.

This infrastructure already supports Solana applications for companies including Robinhood, Circle, Solflare, and OpenSea.

Mike Garland, Head of Product, Solana at Alchemy, said: "Institutions building payment and settlement products need low latency infrastructure with no gaps in data, no downtime, no compromises. That's what we've spent years building for Solana, and SDP gives institutions a clear path to put it to work. We're excited to help companies like Mastercard, Worldpay, and Western Union bring these products onchain."

Institutions building through SDP have access to Alchemy's full Solana product suite, including:

Cortex-powered RPC and Streaming APIs. Every request through Alchemy is powered by Cortex, our intelligent infrastructure engine trained on trillions of queries. On Solana, Cortex delivers up to 20x faster query latencies, 2x higher throughput than other providers, and 99.99% uptime — with 3 to 5 layers of autonomous failover and real-time config propagation to ensure reliability during critical moments.

gRPC Streaming. Ultra resilient gRPC streaming with built in redundancy and slot replay. Built for real-time data use cases like payment monitoring and settlement tracking that need the fastest access to new data, but can't afford to miss a bit.

Archival Data Access. Alchemy's custom HBase infrastructure serves historical blocks, transactions, and signatures up to 20x faster than conventional solutions, and with 100% complete data coverage unlike most solutions — critical for enterprises that need complete, reliable datasets for compliance, auditing, and analytics.

Gasless Transactions. Enterprises can remove fees from end-user experiences, reducing friction for consumer-facing payment flows, while avoiding holding crypto on their balance sheet — particularly relevant for SDP's payments module.

Enhanced Data APIs. Token APIs, Transfers APIs, and Webhook notifications give enterprise developers richer data access and real-time event monitoring without writing complex indexing logic.

Ultra-reliable Writes. Every write sent through Alchemy's Solana infra is broadcast on a staked connection, ensuring the fastest and most consistent landing, even in times of high congestion.

Catherine Gu, Head of Product, Digital Assets, Solana Foundation, said: "SDP was designed to remove the barriers that have kept enterprises from building onchain. Having infrastructure partners like Alchemy — with deep Solana-native infrastructure and a proven track record powering high-scale applications — is critical to delivering on that promise for institutions and enterprises."

Get started

The SDP sandbox is live today on Solana devnet. For institutional teams exploring onchain products, Alchemy's infrastructure is available to support your build from day one.

• Join the SDP waitlist
• Learn more about Alchemy's Solana infrastructure
• Get in touch with our team for specialized pricing, custom benchmarking, and more.