Xandeum has launched STOINC on mainnet, introducing a usage-based storage income model designed to monetise on-chain data demand within the Solana ecosystem.
The system distributes fees generated from storage activity across the network, allowing applications, node operators, and participants to earn rewards based on actual usage rather than token emissions.
“Storage must become a first-class citizen in Web3,”
Said Xandeum founder Bernie Blume, adding that STOINC enables storage activity to directly translate into economic value.
STOINC channels storage fees into network incentives, including pNode participation rewards, future staking mechanisms, and broader ecosystem development funding.
The launch addresses a core limitation in blockchain infrastructure by introducing scalable, smart contract-native storage, enabling a new category of storage-enabled decentralised applications.
Following the announcement the Xandeum share price was unchanged at $N/A.
Xandeum plans to roll out staking for its XAND token, deploy native applications, and expand into enterprise use cases as it builds out its storage-focused Web3 infrastructure.
The development reflects a broader shift toward utility-driven token models in Web3, where revenue is increasingly tied to real network usage rather than inflationary incentives.
At the time of reporting, Solana price was $79.76.