Solana News Today: DoubleZero Challenges Crypto Speculation with Token Lockups, Prioritizes Infrastructure

DoubleZero co-founder Austin Federa confirmed that the DoubleZero Foundation has not sold any tokens, addressing potential concerns about foundation token movements. The announcement clarifies that the project's team, founders, and venture investors remain under token lockups, ensuring alignment with long-term development goals. Federa emphasized the foundation's role as a non-profit entity dedicated to advancing the DoubleZero network, a blockchain protocol designed to build a high-performance physical data infrastructure for global connectivityDoubleZero co-founder confirms no tokens sold by foundation^[1]. This infrastructure aims to enhance transaction speeds and scalability for decentralized systems, positioning DoubleZero as a critical layer for next-generation blockchain applications‘Crypto’s Flash Boys’: A Q&A With Austin Federa on DoubleZero^[3].

The foundation's commitment to transparency is underscored by its governance model, which prioritizes decentralization, security, and adoption. By locking tokens for the team and investors, the project mitigates short-term speculative risks and reinforces trust in its ecosystem. Federa highlighted that such measures are essential for maintaining the integrity of the network, particularly as it integrates with high-performance blockchains like Solana. The DoubleZero network currently supports programmatic token distributions for user fees, provider payments, and computation rewards, with these flows governed by a Solana-based 2Z tokenDoubleZero Secures No-Action Relief From SEC^[2]. However, the foundation's own token sales remain nonexistent, distinguishing it from traditional venture-backed projectsDoubleZero co-founder confirms no tokens sold by foundation^[1].

The clarification aligns with broader regulatory developments, including the U.S. Securities and Exchange Commission's (SEC) recent no-action letter for DoubleZero. The SEC's response affirmed that programmatic 2Z token distributions for provider and computation payments do not constitute securities transactions under the Howey test, as profits derive from operational efforts rather than promoter activitiesDoubleZero Secures No-Action Relief From SEC^[2]. This regulatory clarity strengthens the foundation's ability to expand its network without legal constraints, while also setting a precedent for other crypto projects seeking compliance-friendly frameworksDoubleZero Secures No-Action Relief From SEC^[2].

Early adoption metrics highlight the project's momentum. Approximately 12.57% of staked Solana (SOL) operates on the DoubleZero testnet, with major industry players like Jump Crypto and Galaxy contributing fiber infrastructure. The mainnet launch, expected in September 2025, will scale the network to over 50 fiber links, offering 200 gigabit connections compared to current 10 gigabit capacitiesDoubleZero Mainnet Goes Live With 22% of Staked SOL on Board^[4]. These upgrades aim to reduce latency and improve throughput for validators, enabling blockchains to surpass public internet limitations without sacrificing decentralization‘Crypto’s Flash Boys’: A Q&A With Austin Federa on DoubleZero^[3].

Analysts note that DoubleZero's decentralized fiber mesh model addresses a critical bottleneck in blockchain scalability. By allowing independent contributors to integrate their infrastructure, the protocol creates a censorship-resistant network that reroutes data around malicious actors. This resilience is further bolstered by the public internet as a fallback, ensuring continuity even if the primary network faces disruptions‘Crypto’s Flash Boys’: A Q&A With Austin Federa on DoubleZero^[3]. The project's token-based incentives for contributors also align with its economic model, fostering organic growth and sustainabilityDoubleZero Mainnet Goes Live With 22% of Staked SOL on Board^[4].

As DoubleZero prepares for mainnet deployment, its focus remains on technical execution and ecosystem collaboration. The absence of foundation token sales underscores a strategic emphasis on long-term value creation, contrasting with speculative trends in the crypto market. With regulatory and technical hurdles addressed, the protocol is positioned to redefine high-performance blockchain infrastructure, offering a scalable solution for distributed systems beyond SolanaDoubleZero Secures No-Action Relief From SEC^[2].