Solana Foundation released a report titled "Privacy on Solana," proposing a privacy framework for institutional adoption. The report argues that the next stage of applications in the crypto industry will rely more heavily on customizable privacy mechanisms rather than relying solely on transparency. The report outlines four privacy models, including pseudonymity, confidentiality, anonymity, and fully private systems. It notes that Solana's high throughput and low latency can support privacy technologies such as zero-knowledge proofs, which can protect transaction data while meeting regulatory compliance requirements through mechanisms such as audit keys or compliance proofs for controlled disclosure. (CoinDesk)