Solana (SOL) Powers Raise Smart Cards’ On-Chain Gift Card and Loyalty Ecosystem

On December 12, Raise Network disclosed at the Solana Breakpoint Conference that the Raise Smart Cards project will adopt Solana as the infrastructure for an on-chain gift card and loyalty ecosystem. The platform aims to tokenize loyalty rewards from brands such as Uber and Fanatics, leveraging Solana’s high-throughput blockchain to enable efficient redemption, real-time balance updates, and lower merchant settlement costs. This move positions Solana as a scalable foundation for enterprise-grade loyalty programs in the digital asset era and underscores Raise Network’s push to modernize reward experiences through blockchain-enabled partnerships.