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

U.S. spot Solana ETFs recorded a record $188 million in net inflows for the week of September 21-25, 2026, with every fund attracting new money and Bitwise's BSOL taking the majority share. The post Solana ETFs Smash Record, With $188,100,000 In Weekly Inflows appeared first on The Daily Hodl.

Solana ETFs Smash Record, With $188,100,000 In Weekly Inflows

All seven funds attracted money, while Friday's $87 million intake set a daily record.

Solana ETFs draw record $188 million in a week as Bitwise takes two-thirds of inflows

Solana's biggest consensus overhaul since launch has crossed a major hurdle. Alpenglow activated on testnet Sept. 24 and devnet Sept. 25, replacing TowerBFT with Votor and targeting transaction finality in just 100 to 150 milliseconds. Solana co-founder Anatoly Yakovenko declared, “You are not ready for this.

Solana's Alpenglow Hits Second Testnet, 100ms Finality in Sight

Ethereum

Zcash

Three cryptocurrencies, three very different bets and millions of dollars riding on what happens before New Year's Day. Prediction markets on Polymarket and Kalshi are pricing a 69% chance that ethereum touches $3,000, a 60% chance that solana reaches $140 and a 41% chance that zcash hits $2,000.

Ethereum, Solana and Zcash Face Wild Year-End Price Predictions

Alpenglow is running on both public test networks, giving application teams a place to check their software before the live blockchain switches.

Solana's 150-millisecond settlement upgrade reaches second public test network

Bitcoin

Pullback or reversal? Here's what the charts suggest for BTC.

Bitcoin Rally Slows as $15.6 Billion Options Expiry Hits—XRP and Solana Keep Climbing

Cryptocurrency markets staged a broad rally in the week following the Clarity Act's failure to advance in the U.S. Senate. Several major tokens and crypto-linked stocks posted double-digit gains as regulators moved ahead with industry rules despite the legislative setback.

XRP, Solana Surge 22% After Clarity Act Failure as Regulatory Moves Lifts Coinbase, Robinhood

SkyAI's board survived a shareholder protest, but its proposed equity pay plan fell by a wide margin.

Solana treasury firm SkyAI keeps board after shareholder protest, loses equity plan vote

Rachel Conlan arrives as chief strategy officer and Polygon Labs' Jamal Raees takes over payments, both recruited from elsewhere in crypto.

Solana Foundation Hires Binance's Former Global CMO for Institutional Push

Polygon

Solana Foundation appointed Rachel Conlan as chief strategy officer and former Polygon Labs exec Jamal Raees as GM of payments.

Solana Foundation taps Binance, Polygon vets to drive institutional adoption and payments

Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain.

Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push

Solana decentralized exchanges processed about 208 million spot trades in the week ending Sept. 13, surpassing the NYSE's roughly 190 million transactions for the first time. The milestone does not make Solana larger than Wall Street in economic value, but it shows how quickly onchain trading activity is scaling.

Solana DEX Trades Top NYSE With 208M Weekly Transactions

Alpenglow would let exchanges, bridges and merchants treat payments as irreversible almost immediately.

Solana starts testing upgrade that could cut finality from 12.8 seconds to 150 milliseconds

Forward Industries Says From August 4, 2026 To September 20, 2026, Forward Added ~357,000 SOL And SOL Equivalents Through Purchases And Staking Rewards

Solana's (CRYPTO: SOL) significant jump comes amidst the public blockchain platform positioning for its next growth cycle. Solana Foundation executive Nick Ducoff highlighted institutional adoption, tokenized assets and stablecoin activity expanding across the network.

Is Solana's Next 'Token Supercycle' Taking Shape? Expert Identifies Three Key Indicators

SOL accumulation accelerates, with total treasury holdings increasing over $10M week over week Quarter-to-date, SOL has outperformed the Nasdaq-100 by 54%, and DFDV has outperformed SOL by 2x over that same period CHAD over-allotment option closes for an additional $1.65 million in gross proceeds Latest purchase expands treasury to 2,490,304 SOL and SOL equivalents BOCA RATON, FL, Sept. 21, 2026 (GLOBE NEWSWIRE) -- DeFi Development Corp. (NASDAQ: DFDV ) (the "Company" or "DeFi Dev Corp."), the first U.S. public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced that it has added approximately 101,381 SOL to its treasury since September 14, 2026, bringing total holdings to approximately 2,490,304 SOL and SOL equivalents.

DeFi Development Announces That It Has Added ~101,381 SOL To Its Treasury Since September 14, 2026; Brings Latest Purchase Expands Treasury To 2,490,304 SOL And SOL Equivalents

The team plans to focus instead on Anuma, its private AI app, though the migration will still take one more vote.

ZetaChain votes to shut down Layer 1 network and move ZETA to Solana

The network's clock just sped up again, but the extra speed goes to freshness, not capacity.

Solana's Heartbeat Quickens: Block Times Fall 17% in Latest Speed Upgrade

Hyperliquid

The moves comes as the SEC and CFTC advance crypto-related rulemaking despite the Clarity Act stalling in the Senate.

Bitcoin reclaims $80,000, Solana and Hyperliquid rally as crypto markets shrug off Clarity setback

The network is cutting its target slot time to 250 milliseconds, giving apps fresher blockchain data and validators shorter control windows while reducing the amount of work allowed in each slot.

Solana speeds up blocks by 17%, but transaction capacity stays the same

Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.

Solana lender Kamino taps Yieldstreet co-founder as CEO in Wall Street expansion

The Senate is scheduled to vote later Tuesday on a cloture motion to advance the Clarity Act. A successful cloture vote would allow debate to proceed and move the legislation closer to a final vote, but would not by itself make the act law.

Ether, solana, XRP likely to gain if Clarity Act progresses

DeFi Development Corp added another 55,491 SOL and opened a CHAD at-the-market program for its preferred stock, extending a fast-moving three-week run of capital markets activity.

Solana Treasury Firm DeFi Dev Corp Rolls Out $300M CHAD to Buy More SOL

Transaction V1 raises Solana's limit to 4,096 bytes from 1,232, giving developers more room for multi-step trades, company-wallet approvals and privacy proofs.

Solana transactions just got more than 3 times bigger, giving an edge over Ethereum

The Solana treasury company established a $300 million at-the-market offering for its CHAD perpetual preferred stock.

News for Solana Crypto (SOL)