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

Bitcoin

Conservative McDonald's shareholders also pushed for a bitcoin treasury and the meme token Fartcoin rose 30% in the past day.

The Daily: Janover buys 83,000 SOL for crypto treasury strategy, Ripple and SEC pursue ‘negotiated resolution,' bitcoin rises and more

The SOL move follows a $42 million funding round and has triggered a massive surge in Janover's stock price.

Commercial property platform Janover pivots to Solana treasury strategy, stock surges 1,100% as investors rush in

Solana (SOL) rose over 6% Friday morning to over $120.00, building on strong gains from earlier in the week as markets reacted to renewed institutional confidence and continued macro volatility. Its latest catalyst is a second major crypto purchase from publicly traded real estate tech firm Janover Inc, which snapped up 44,158 SOL—worth approximately $5 million—as part of its treasury allocation strategy.

Solana Jumps As Janover Adds $5M To Treasury Strategy, Doubling Down On Crypto Pivot

Dogecoin

The Trump tariff pause the pause offers “breathing space” while keeping pressure on China, said one analyst.

SOL, DOGE Lead Gains Among Majors as Analyst Eye Next Big Move Higher

Market volatility saw traders chase options for hedging and speculative activities.

Altcoin Action in Powertrade's Options Market Heats Up Driven by XRP, SOL and DOGE

The guitar legend has abandoned the social platform after his account was hacked to promote a Solana meme coin.

Guns N' Roses Guitarist Slash Quits Twitter After Solana Meme Coin Hack

Janover Inc (NASDAQ:JNVR) announced Thursday that it has purchased approximately $4.6 million Solana (CRYPTO: SOL), marking the first execution under its newly adopted digital asset treasury strategy. The company will immediately begin staking its SOL position, generating revenue while supporting the Solana network.

EXCLUSIVE: Janover Acquires $4.6 Million Of Solana (SOL), Begins Digital Asset Treasury Strategy

Openzeppelin has announced the release of alpha Open Source versions of its Relayers and Monitor tools. With over 40 million transactions executed through Relayers and 45 million alerts triggered via Monitor, these tools have been widely adopted by thousands of blockchain developers across more than 70 networks, including Ethereum Virtual Machine (EVM) compatible chains.

Openzeppelin Open Sources Relayers and Monitor Tools, Expanding Support to Solana and Stellar

An analyst who accurately called the start of Solana's (SOL) correction this year is flipping bullish on the native asset of the layer-1 protocol.

‘Sizeable Bounces' Coming for Ethereum Rival Solana As SOL Flashes Bullish Reversal Signal, According to Analyst

Altcoins like DOGE and XRP are ripping higher after President Trump put a 90-day pause on most of his "reciprocal" tariffs.

XRP, Solana and Dogecoin Lead Altcoin Comeback After Trump Tariff Pause

Cardano

Major altcoins like XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA) are down more than 15% in the past seven days, tracking the broader crypto market selloff as Trump's aggressive tariffs continue to shake global risk sentiment. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $1.84 $107.2 billion -2.

XRP, Solana, Cardano Plunge Over 15% In 7 Days: Is A Rebound Coming?

Solana has launched Confidential Balances, a feature designed to bolster privacy for on-chain transactions while preserving the platform's speed.

Solana Enhances On-Chain Privacy With New Zero-Knowledge Token Transfer Feature

XRP, Solana, and Cardano have each experienced a roughly 6% price decline amid broader macroeconomic pressures

Ripple, Solana, Cardano: How Will Trump Tariffs Impact Their Tokens?

Colossal Biosciences, a Dallas-based biotech firm, claims to have revived the dire wolf using ancient DNA and gene-editing technology.

Dire Wolf Cloning Sparks $13.6M Surge in Solana Meme Coin as Colossal Unveils Gene-Edited Pups

Artificial intelligence (AI)-powered commercial real estate firm Janover, Inc. is announcing that it has raised approximately $42 million through an offering of convertible notes and warrants from multiple investors, including Pantera Capital, Kraken, and Arrington Capital.

Ex-Kraken Execs Acquire Real Estate Firm, Begin Accumulating Crypto Assets for Treasury Starting With Solana

Ethereum-based M^0 stablecoin platform expands to Solana in the latest showcase of its "chain-agnostic" approach to digital dollar deployments.

‘Chain agnostic' M^0 stablecoin middleware platform expands to Solana, teams with KAST neo-bank on latest M token extension

The new token extensions enable users to confidentially shield balances, transfer tokens and mint or burn assets.

Solana developers launch new ‘Confidential Balances' token extensions to improve onchain privacy

Meme coin traders are howling at the moon over tokens linked to Colossal Biosciences' “revival” of the extinct breed.

Dire Wolf Solana Meme Coin Soars to $13.6M Market Cap After ‘De-Extinction'

The Solana infrastructure firm now holds over 267,000 SOL, with nearly all of it staked across its growing validator network

Ex-Valkyrie CEO Leah Wald's SOL Strategies Bought 24,000 SOL in March

Janover, Inc. (NASDAQ: JNVR) announced the successful raising of approximately $42 million through a private offering of convertible notes and warrants, with participation from notable investors including Pantera Capital, Kraken, and Arrington Capital. The convertible notes, which accrue interest at a rate of 2.

Janover Raises $42 Million to Focus on Solana Treasury Strategy

“No one from the MELANIA team has addressed this. Not the movements.

Melania Solana Meme Coin Team Quietly Dumps $30 Million in Tokens: Bubblemaps

Ethereum

Closely followed crypto analyst Jason Pizzino is warning that XRP and other top altcoins most likely have further to fall. In a new post to the social media platform X, Pizzino tells his 131,000 followers that, despite being down 20% in the last month, XRP's skid is not finished.

Here Are Downside Price Targets for XRP, Solana (SOL) and Ethereum (ETH), According to Analyst Jason Pizzino

Solana (CRYPTO: SOL) plunged below the key $100 threshold Monday, hitting an intraday low of $96.99 as investors fled risk assets amid an escalating global trade war and growing fears of a financial crisis. At the time of writing, SOL is trading at $106.25, down over 7% in the past 24 hours and more than 22% in the last month.

Why Is Solana Down Today? SOL Plunges Below $100 As Traders Brace for More Pain

The price of Solana (SOL) has held above the $110 support at the bottom of the chart.

Solana Bounces Off The $110 Support Level

"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."

News for Solana Crypto (SOL)