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

The Solana community is currently engaged in discussions around the SIMD-228 proposal, a governance initiative that aims to transform the network's tokenomics.

Solana Validators Prepare To Vote on Influential SIMD-228 Proposal Impacting Inflation

The price of Solana (SOL) has fallen to the bottom of the chart twice before rising again.

Solana Corrects Above $120, But Threatens To Fall Further

Bitcoin

Ethereum

Short-dated puts tied to BTC, ETH, and SOL trade at a premium relative to calls, according to Block Scholes.

Bitcoin, Ether, Solana Traders Chase Downside Protection, XRP Stands Out, as Trump's Crypto Plan Disappoints

Solana co-founder Anatoly Yakovenko has voiced his opposition to the creation of a U.S. crypto reserve, warning that it could compromise decentralization.

Solana Co-Founder Opposes U.S. Crypto Reserve, Warns It Could Undermine Decentralization

Solana's decentralized exchange (DEX) volumes remain competitive with Ethereum's ecosystem despite a sharp decline in meme coin trading activity.

Solana DEX Volumes Compete With Ethereum Despite Meme Coin Market Collapse: VanEck

The SIMD-228 proposal is expected to be voted on by Solana validators in epoch 743, beginning over this weekend.

Solana validators to soon vote on key ‘SIMD-228' proposal affecting network inflation

Cardano

JPMorgan is throwing cold water on hopes for a U.S. strategic crypto reserve, warning approval is unlikely and smaller tokens like XRP, SOL, and ADA face major hurdles. JPMorgan Slams Brakes on US Crypto Reserve—XRP, SOL, ADA Face Uncertainty Banking giant JPMorgan is dampening expectations for a U.S.

JPMorgan: US Crypto Reserve Unlikely—XRP, SOL, ADA May Not Make the Cut

The White House Crypto Summit on March 7 gathers top industry leaders as anticipation surges over the U.S. crypto reserve and its potential market-shaping impact.

Crypto Leaders Head to Trump's White House Summit—Will XRP, SOL, ADA Join US Crypto Reserve?

The protocol's co-founder is among a number of crypto industry players who have taken issue with U.S. President Donald Trump's plans to create a digital asset reserve.

Solana in the US Crypto Stockpile? This SOL Founder Prefers 'No Reserve'

Memecoin daily trading was down over 90% this week amid crypto prices facing a wide-ranging market correction.

Top Pump.fun trader's profits near $40 million as Solana memecoin volumes shrink

JPMorgan sees less than a 50% chance of a U.S. strategic crypto reserve gaining approval, citing congressional hurdles.

JPMorgan says XRP, SOL and ADA inclusion in US crypto reserve ‘would be difficult'

Hamster Network has reached a significant milestone in blockchain technology by processing 34,028 transactions per second (TPS), surpassing leading platforms such as Solana and Aptos.

Hamster Network Surpasses Solana and Aptos With 34,028 Transactions Per Second

Solana validators are voting on a major cut to SOL's staking rewards.

Inside Solana's Debate on a Major Reduction in SOL Inflation

The market appears to be pricing in minimal expectations for these altcoins.

ADA, SOL, XRP: Altcoins Under Consideration for U.S. Crypto Reserve Lag BTC in Retaking Sunday Highs

Solana co-founder Anatoly Yakovenko says a U.S. crypto strategic reserve would undermine decentralization, calling for no reserve at all.

Solana co-founder prefers no US crypto reserve but is open to ‘measurable requirements'

Anatoly Yakovenko, the co-founder of the Solana (CRYPTO: SOL) ecosystem, argued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization. What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.

Solana Co-Founder Says A Federally Controlled Crypto Reserve Will Harm Decentralization Ethos, Proposes States Control Their Own Reserves

In February, Solana saw a substantial outflow of $485 million as investors sought safer assets amid increasing uncertainty in the cryptocurrency market.

Solana Faces $485 Million Outflow in February as Investors Shift Capital to Safer Assets

Options pricing on Deribit suggests BTC could swing by nearly $5K following the crypto summit, according to analysis by STS Digital

Bitcoin Could Move $5K After White House Crypto Summit; ETH and SOL Volatility Likely: STS Digital

A crypto strategist who accurately called the Bitcoin (BTC) and Solana (SOL) correction this year says that the payments altcoin XRP is next in line to witness big price drops.

Trader Warns XRP Now Flashing Bearish Signal That Preceded Solana and Bitcoin Correction – Here's His Outlook

Many cryptocurrencies soared to new all-time highs after Donald Trump won the 2024 presidential election. With 2025 underway and Trump in the White House, Benzinga recently asked readers which cryptocurrencies they are buying.

Bitcoin, Ethereum, Solana, Stablecoins Or No Crypto In 2025: Here's What Readers Choose

Solana's bustling decentralized finance (DeFi) scene is growing faster than Ethereum's, and making more money too. And yet, Franklin Templeton pointed out in a Tuesday report, its tokens are worth less.

Solana DeFi Tokens Undervalued Compared to Ethereum's, Says Franklin Templeton

The fund is 20% larger than its predecessor $500 million fund, which closed around three years ago

Early Solana Backer Foundation Capital Raises $600M for Eleventh Flagship Fund

"If you're a seed stage founder working in crypto, fintech or enterprise AI, come talk to us," said Rodolfo Gonzalez.

Early Solana backer Foundation Capital raises $600 million for 11th fund

Bitwise's executives have criticized the U.S. crypto reserve's inclusion of ETH, XRP, SOL, and ADA, arguing bitcoin alone is a true reserve asset. Bitwise Reacts to Trump's Crypto Reserve—Did Altcoins Just Weaken the Plan? Many leaders in the cryptocurrency industry, including executives at asset management firm Bitwise, have voiced their opinions on the U.S.

Bitwise Criticizes US Crypto Reserve for Including XRP, SOL, ADA

Veteran trader Peter Brandt slams Trump's crypto reserve plan, citing a credibility loss for including altcoins like ETH, XRP, SOL, and ADA.

News for Solana Crypto (SOL)