Solana

Solana is an open source project implementing a new, high-performance, permissionless blockchain. Solana is a general purpose blockchain similar to Ethereum. End user applications as of now include decentralized finance (DeFi), non-fungible tokens (NFT), marketplaces, games, and more. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Solana co-founder Anatoly Yakovenko published a whitepaper describing Proof of History, a technique that would become critical to Solana's blockchain infrastructure, in Nov. 2017. 

Co-founder Greg Fitzgerald, who had worked with Yakovenko at Qualcomm, began prototyping the open source implementation of the whitepaper. It was published under the name Silk in 2018. 

After starting the company under the name Loom, Yakovenko, Fitzgerald, and other co-founders rebranded to Solana. Solana launched on Mainnet Beta in March 2020.

Solana was built to facilitate the development of scalable, user-friendly decentralized apps with low costs and high speeds for transactions.

Solana believes its unique blockchain architecture that combines the proof-of-stake consensus mechanism and its own proof of history mechanism is the key to achieving these goals.

Proof of history works almost like a cryptographic timestamp that proves that an event has occurred at a specific time. It enables the blockchain to work fast while maintaining security and decentralization.

There are about 304 million SOL in circulation as of November 2021. Solana has an initial inflation rate of 8%, which will decrease by 15% a year until it reaches a long-term inflation rate of 1.5%. SOL is Solana’s native token.

Solana competes with other blockchain platforms such as Ethereum and Avalanche to host crypto projects such as NFTs, decentralized exchanges, and gaming. 

Developers and users flocked from Ethereum to Solana due to high transaction costs, but many could gravitate back towards Ethereum if it manages to lower costs, which could happen as a result of the Ethereum 2.0 upgrade and layer 2 rollups. 

Solana.com
Docs.solana.com/history
Forums.solana.com

DTCC plans to connect its tokenization service to Solana, letting eligible US securities move onto the network starting in the second half of 2027.

DTCC to Connect Tokenization Service to Solana in 2027

Solana (CRYPTO: SOL) is set to become part of the Depository Trust & Clearing Corporation's (DTCC) tokenization infrastructure, potentially expanding institutional access to blockchain-based securities. DTCC announced plans to connect its Tokenization Service, launched on Oct. 28, to the Solana blockchain in the second half of 2027.

Solana Scores Regulatory Win as Tokenization Tsunami Swells

The securities infrastructure giant plans to bring tokenized stocks, ETFs and U.S. Treasuries to Solana as it expands next year's roadmap beyond Stellar and Arc.

DTCC adds Solana to Wall Street tokenization plans, targeting 2027 rollout

The Depository Trust & Clearing Corporation (DTCC) plans to extend its recently launched tokenization service to Solana in 2027, adding another major blockchain to its expanding infrastructure for bringing traditional securities onchain.

DTCC to Bring Tokenized Securities to Solana, Expanding $114T Custody Giant's Reach

OSL offers a yield on USDGO only to professional investors, but Jupiter said its market lets other holders earn onchain at rates set by borrower demand.

Jupiter adds Anchorage-backed USDGO to its $1 billion Solana lending platform

DTCC plans to add Solana to its tokenization service in the second half of 2027, alongside Canton and Besu.

DTCC plans to bring tokenized securities to Solana in second half of 2027

Wall Street's main settlement firm will add Solana to its tokenization service, which went live last month on Canton and a private network.

DTCC to Bring Tokenized Stocks and Treasuries to Solana in 2027

Solana Company reported $3.4 million in Q3 2026 revenue, up from $697,000 a year earlier, driven by staking rewards on its SOL holdings and treasury.

Solana Company Posts $3.4 Million Q3 Revenue, Up Nearly Fivefold on Staking

The digital asset treasury firm posted $3.4 million in quarterly revenue, compared with $697,000 in the same period last year.

‘Milestone quarter': Solana Company reports Q3 revenue growth driven by staking rewards

The integration brings perpetual futures trading into Decrypt, so readers can trade crypto, stocks and commodities without leaving the news.

Decrypt Becomes First News Publisher to Offer Perps Trading, Powered by Solana's Phoenix

Forward Industries (FWDI) grew its Solana treasury to about 8.7 million SOL and secured a $50 million credit line as the token fell to a three-month low.

Forward Industries Grows SOL Treasury to 8.7M as Token Hits 3-Month Low

Formation Securities plans to bring round-the-clock stock trading to Solana, with Galaxy Digital, Exodus, and Forward Industries among its anticipated initial offerings, as rival tokenization efforts face growing corporate opposition. Formation Securities has notified the U.S.

Formation Securities Plans Solana Tokenized Stock Trading Venue for Early 2027

Solana (CRYPTO: SOL) traded $657 million in tokenized stocks last Monday, with Backpack CEO Armani Ferrante calling it early evidence of a "token super cycle" aimed at bringing the entire economy on-chain. Why Backpack Dominates Solana's Tokenized Stock Volume Ferrante on Monday told Milk Road Crypto podcast that roughly 90% of the previous Monday's $657 million in tokenized stock trading happened on Backpack.

Solana Tokenized Stock Volume Surges, 'Token Super Cycle' Coming, Backpack CEO Says

Forward adds a $50 million credit line and housing-linked investment to support further SOL accumulation.

Forward Industries grows SOL treasury to 8.7 million as token hits nearly three-month low

Avalanche

Chainlink

Charles Schwab is expanding its Schwab Crypto platform to include Solana, Avalanche and Chainlink trading for eligible U.S. clients, bringing the total to five digital assets. The post Charles Schwab Adds Solana, Avalanche and Chainlink to Crypto Trading Platform appeared first on The Daily Hodl.

Charles Schwab Adds Solana, Avalanche and Chainlink to Crypto Trading Platform

The trading platform, which says it has routed more than $1.3 trillion in trades, is launching four products ahead of Solana Breakpoint.

Solana's Jupiter Expands Beyond Trading With Token Baskets, Yield Vaults and New Portfolio

Helius' Solana Privacy Rings will let Decrypt users send funds without broadcasting amounts, as it grows out The Information Exchange.

Decrypt Money Account Gets Confidential Transfers With Solana Privacy Firm Helius

Reports indicate that the People's Bank of China (PBOC) is preparing to probe Solana over its recent activities and a campaign in Shanghai. These reports come after the abrupt suspension of a Solana event in October, with law enforcement involvement.

China's Central Bank Probes Solana Over Illegal Crypto Services

A Solana proposal from Anza's Gabe R. would remove durable nonces, citing repeated security bugs, and says mainnet activation won't come before May 2027.

Solana Proposal Would Remove Durable Nonces, Citing Validator Bugs

Charles Schwab made SOL, AVAX and LINK available to trade through Schwab Crypto accounts on Monday, taking the platform to five assets alongside BTC and ETH.

Schwab Crypto Adds Solana, Avalanche and Chainlink Trading for Clients

Formation Securities told the SEC it plans a tokenized stock venue on Solana under the Innovation Exemption, with Galaxy and Exodus shares expected in 2027.

Formation Tells SEC It Plans First Tokenized Stock Venue on Solana

Operating under the SEC's “Innovation Exemption,” the firm plans to list tokenized shares of Exodus, Forward Industries, and Galaxy Digital in early 2027, with the same voting and dividend rights as real stock.

Solana Set for Another Tokenized Stock Venue as Formation Notifies the SEC

Formation Securities plans to launch in early 2027 with Galaxy, Exodus and Forward Industries shares, expanding the U.S. regulator's experiment in blockchain-based stock trading.

Solana lset for its first tokenized stock venue under SEC framework, listing Galaxy

Launch is expected in early 2027, with tokenized shares of Exodus Movement, Forward Industries, and Galaxy Digital among initial offerings.

Formation notifies SEC to operate first tokenized securities venue on Solana

A draft proposal would end the 'durable nonces' feature no earlier than May 5, 2027, forcing custodians that sign offline to rebuild how they move coins.

News for Solana Crypto (SOL)