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