Solana Faces Legal Challenges as RICO Suit Expands to Include Foundation and Labs

In a significant legal development, law firms Burwick Law and Wolf Popper have expanded their Racketeer Influenced and Corrupt Organizations (RICO) Act lawsuit against memecoin platform Pump.fun to include Solana Foundation, Solana Labs, Jito Labs, and key executives such as Solana co-founders Anatoly Yakovenko and Raj Gokal. The amended complaint, filed recently, accuses the defendants of operating a 'digital casino,' raising serious allegations that could have far-reaching implications for the Solana ecosystem. This legal action comes at a time when Solana has been gaining traction in the cryptocurrency market, and the outcome of this case could influence investor confidence and the platform's future developments. The lawsuit underscores the growing scrutiny faced by crypto platforms as regulatory frameworks continue to evolve. As of July 2025, the crypto community is closely watching how this legal battle unfolds, given its potential impact on Solana's market position and the broader blockchain industry.

Solana, Jito Labs Named in Expanded RICO Suit Over Pump.fun Allegations

Law firms Burwick Law and Wolf Popper have escalated their legal action against memecoin platform Pump.fun, filing an amended complaint under the Racketeer Influenced and Corrupt Organizations (RICO) Act. The lawsuit now implicates solana Foundation, Solana Labs, Jito Labs, and key executives including Solana co-founders Anatoly Yakovenko and Raj Gokal.

The complaint alleges the defendants operated a 'digital casino' through Pump.fun, facilitating memecoin creation and trading with parallels to illicit gambling. Claims include unauthorized money transmission, wire fraud, and intellectual property theft. The case, filed in New York's Southern District, marks a significant regulatory challenge for blockchain-based trading platforms.

Solana Ecosystem Unveils 'Internet Capital Markets' Roadmap Focusing on Execution Control

Solana's Core developers and ecosystem leaders have introduced a new vision called 'Internet Capital Markets,' positioning the blockchain as a high-performance foundation for next-generation decentralized finance. The roadmap emphasizes Application-Controlled Execution (ACE), granting smart contracts millisecond-level authority over transaction sequencing.

Authored by representatives from Solana Foundation, Anza, Jito Labs, and other key players, the framework identifies market microstructure as Solana's most critical current challenge. The proposal outlines six fundamental tradeoffs including privacy versus transparency and latency versus finality, advocating for a flexible infrastructure rather than rigid protocol design.

This development signals Solana's maturation from a pure throughput-focused network to a sophisticated financial infrastructure platform. The ACE approach could give DeFi applications unprecedented control over execution parameters, potentially creating competitive advantages for SOL-based trading systems.

Solana Proposes 66% Block Upgrade to Enhance Network Capacity

Solana developers have unveiled SIMD-0286, a proposal to increase the blockchain's block computation limit by 66%, raising the maximum compute units per block from 60 million to 100 million. This upgrade aims to significantly boost throughput, enabling more on-chain transactions and benefiting compute-heavy applications like decentralized exchanges and MEV auction systems.

The change follows July's SIMD-0256 upgrade, which lifted the compute limit to 60 million CUs and pushed average throughput to 1,700 transactions per second during peak hours. Rising demand from re-staking protocols, DePIN infrastructure, and NFT minting has since increased pressure on block space.

While the upgrade promises greater scalability, it will require validators to upgrade hardware to meet higher performance demands—a tradeoff for maintaining network efficiency amid growing adoption.

Solana Developers Boost Block Limit to 60M CUs for Higher Throughput

Solana has raised its block limit from 50 million to 60 million compute units, marking a 20% increase in capacity. This upgrade aims to enhance network performance and accommodate growing transaction volumes, reducing congestion during peak usage.

The adjustment follows a successful June update that stabilized the network under heavy load. Developers now target a further expansion to 100 million compute units, signaling Solana's commitment to scalable infrastructure.

Compute units determine transaction processing capacity, with higher limits enabling more complex operations per block. This technical improvement reflects the blockchain's focus on maintaining throughput as adoption grows.