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

1inch's share jumped from 32% in March to 60% in May, fueled by its strategic entry into the Solana ecosystem amid a memecoin trading surge.

1inch reclaims DEX aggregator lead with 60% market share after Solana expansion

SOL Recovers to $147 After Flash Crash Shakes Out Weak Hands

Bitcoin

Dogecoin

Bitcoin is back near $100K as major alts like Ethereum, Solana, and Dogecoin dive amid Trump and Musk drama—but Circle had a great day.

Bitcoin, Solana and Dogecoin Plunge as Circle Stock Surges After IPO

Solana (SOL) continues to face mounting bearish pressure as the price slid below the psychological $150 level, marking a 5.2% drop in the past 24 hours.

SOL Slips Below $150 as Whale Outflows Weigh on Market Sentiment

The birth went just fine. But the meme coin?

Dad Livestreams Birth of Baby 'Solana' to Pump Meme Coin—Then It Got Weird

Chainlink

Maple Finance, a cryptocurrency lending firm offering decentralized finance-like (DeFi) yields to institutions, has expanded into the Solana ecosystem with the help of Chainlink's Cross-Chain Interoperability Protocol (CCIP).

Crypto Lender Maple Finance Expands to Solana With Chainlink

Ethereum

NBA star Tristan Thompson spoke with Decrypt at Bitcoin 2025, dishing on assets and athletes alike as he navigates the crypto space.

'Bitcoin Is Michael Jordan', Says NBA Star Tristan Thompson—So Who's Ethereum, Solana and XRP?

In today's Crypto for Advisors, Josh Olszewicz from Canary Capital provides a breakdown of Solana - where it came from, and what's happening with the asset today.

Crypto for Advisors: Breaking Down Solana

The spat between Elon Musk and President Trump has spawned an unflattering meme and the Kill Big Beautiful Bill, or KBBB, Solana meme coin.

Donald Trump, Elon Musk Clash Over DOGE Sparks $53 Million Solana Meme Coin

The token furthers CUDIS's approach to decentralized health by giving users a say in governance decisions and access to marketplace rewards.

DeSci health startup CUDIS to launch native token on Solana

Bybit has introduced Ecopedia, a collaborative blockchain ecosystem wiki developed with Circle, Tether, Solana, and Sui, aiming to provide structured and accessible crypto education. Ecopedia: A Collaborative Blockchain Ecosystem Wiki Bybit has launched Ecopedia, a collaborative blockchain ecosystem wiki developed in partnership with Circle, Tether, Solana, and Sui.

Bybit Partners With Circle, Tether, Solana, and Sui to Introduce Ecopedia

Solana (SOL) saw a sharp pullback after touching a high of $163.65, shedding nearly 6% before recovering to trade above $157 by Tuesday morning. The price action reflects heightened market volatility as bulls and bears vie for control near key psychological levels.

Solana Holds Above $157 as Bulls Regain Control After Sharp 6% Reversal

An analyst who has earned the Master Trader rank on the crypto exchange Bybit thinks Solana (SOL) looks good after recovering a key support level.

Analyst Says Solana Flashing ‘Very Promising' Bullish Setup, Predicts Rallies for Two Low-Cap Altcoins

Another Nasdaq-listed company is adopting a crypto-buying strategy—but not with Bitcoin.

Publicly Traded Edtech's Stock Soars 44% After Solana Treasury Pivot

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Robinhood completes Bitstamp acquisition, another Nasdaq-listed firm plans $500 million raise to buy SOL, and more

Classover Holdings (KIDZ), a publicly traded online education company, has revealed it's making a big bet on solana SOL.

Classover Taps $500M Convertible Note Deal to Boost Solana Treasury Strategy

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk 20 Performance Update: Solana (SOL) Gains 5.6% as Index Climbs Higher

President Trump held a crypto gala dinner for the top holders of his meme coin last month, now they're receiving NFTs.

Solana Trump NFTs Airdropped to Crypto Dinner Guests—One Already Sold for $16K

Classover, a Nasdaq-listed firm, has announced a securities purchase agreement to issue up to $500 million in senior secured convertible notes, aimed at establishing a solana ( SOL)-based treasury reserve.

Nasdaq-Listed Classover to Allocate up to $500 Million in Solana for Treasury Reserve

Solana is leading the crypto rebound as bulls drive the token toward $160, buoyed by surging user activity and rising on-chain engagement. Despite broader market jitters, SOL has rallied nearly 7% over 24 hours, helped by record transaction throughput and a spike in daily active addresses.

Solana Surges Toward $165 as Record Activity Fuels Bullish Momentum

The rebound in digital assets since early April has been marked by a significant shift in activity, with Asian trading hours gaining market share in global bitcoin BTC, ether ETH and solana SOL spot trading volumes, while the U.S. steadily loses ground.

U.S. Share of Bitcoin, Ether and Solana Trading Volume Falls Below 45% as Asia Catches Up

The educational technology company said it signed a purchase agreement to issue up to $500 million in senior secured convertible notes.

Nasdaq-listed Classover plans to raise up to $500 million in new deal to build SOL treasury

Solana, XRP and Dogecoin have trailed Bitcoin as trade tensions and weak retail demand fuel a broader crypto pullback.

Why Solana, Dogecoin, XRP are Trading Lower on the Week

As part of its growing Solana embrace, including a nearly $100 million treasury, DeFi Development Corp. now has its own liquid staking token.

Why This Publicly Traded Solana Treasury Company Now Has Its Own Liquid Staking Token

Solana (SOL) faced renewed downside pressure after multiple failed attempts to break above the $158–$159 resistance zone.

News for Solana Crypto (SOL)