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
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DeFi Development Corp. purchased $11.2 million worth of Solana ( SOL) tokens on May 6, 2025, increasing its total holdings to 400,091 SOL, valued at approximately $58.5 million. DeFi Development Corp. Bolsters Treasury with 82,404 Additional Solana Tokens The Boca Raton-based company acquired roughly 82,404.50 SOL tokens, according to a regulatory filing.

DeFi Development Corp. Expands Solana Treasury to 400,091 Tokens

The purchase comes five days after DeFi Development Corp. penned a $24 million private investment in public equity deal to buy more solana.

DeFi Development Corp buys $11.2 million more in solana, pushing total holdings to 400,091 SOL

Formerly known as Janover (JNVR), DeFi Development Corporation (DFDV has added an additional 82,404 solana (SOL) tokens to its treasury, pushing its total holdings to 400,091 SOL.

DeFi Development Adds $11.2M in SOL, Bringing Holdings to More Than 400K Tokens

Solana (SOL) is trading 1.03% lower on Tuesday to $142.73, slipping amid light profit-taking but maintaining strong gains from the past month. The token is up 24% in the last 30 days and has attracted growing attention from institutional players looking to secure long-term exposure.

Solana Holds Above $142 as Treasury Allocations Surge and Institutional Interest Grows

SOL Strategies (HODL), the Toronto-listed digital asset firm focusing on Solana (SOL), said on Tuesday it has acquired over $18 million worth of SOL tokens, using proceeds from a newly secured financing deal.

SOL Strategies Buys $18M of Solana Tokens With First Tranche of $500M Note Deal

DeFi Development Corp (NASDAQ:DFDV), formerly Janover Inc., announced on Tuesday that it had purchased approximately 82,404.50 Solana (CRYPTO: SOL) tokens. Following this transaction, DeFi Development now holds approximately 400,091 SOL, valued at $58.5 million, including staking rewards.

EXCLUSIVE: DeFi Development Corp Expands Digital Asset Portfolio, Holds $58.5 Million In Solana Tokens

NATIX, a decentralized physical infrastructure network (DePIN) focused on mapping data on Solana, shared Tuesday that it is teaming up with taxi service Grab to provide more accurate mapping technologies.

Solana's Natix and Grab Team Up to Expand DePIN Mapping Into US, Europe

In April, Solana network participants implemented an emergency upgrade to address a serious security vulnerability that could allow attackers to mint and steal tokens. Nonetheless, the coordinated effort to execute the mitigation measures and patch the vulnerability has raised concerns about the network's level of decentralization.

Solana's Overnight Emergency Upgrade Raises Concerns About Its True Level of Decentralization

DeFi Development Corp. (Nasdaq: DFDV), a real-estate software firm and Solana-focused treasury company, announced Monday it has agreed to acquire a Solana validator business with an average delegated stake of 500,000 SOL ($75.5 million) for $3.5 million. $3.5M Deal: DeFi Development Corp.

DeFi Development Corp. Acquires Solana Validator Business for $3.5M

The Solana Foundation disclosed that validators quietly patched a major bug, avoiding a potentially catastrophic exploit.

Solana Patches Bug That Could Have Allowed Attackers to Mint and Swipe Tokens

The SOL validator business held an average delegated solana stake of about 500,000 SOL, worth around $75.5 million at the time of writing.

DeFi Development Corp to acquire SOL validator business for $3.5 million

Solana is trading 1% lower Monday to $143.92 as the network works to restore investor confidence following the quiet disclosure of a major vulnerability in its token system. The coin is down 3.8% over the past week but remains up 21.5% in the last month.

Solana Falls as Community Reacts to Quiet Fix of Critical Token Bug

The Solana Foundation has disclosed a previously unknown vulnerability in its privacy-focused token system that could have allowed attackers to forge fake zero-knowledge proofs, enabling unauthorized minting or withdrawals of tokens.

Solana Quietly Fixes Bug That Could Have Let Attackers Mint and Steal Certain Tokens

Solana (SOL) is currently trading above the moving average despite being rejected at the high of $156.

Solana Continues The Recovery Above The $140 Support

It is unclear who reported the bug, and whether or not the individual or group will be entitled to a bug bounty from the Solana Foundation.

Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens

Ahead of its upcoming game launch, Claynosaurz will drop a new NFT collection on Sui, alongside achievement badges and more.

Claynosaurz Expands From Solana to Sui With New NFTs, Upcoming Game

Some of crypto's top influencers can score a potentially hefty Solana token airdrop—if they're willing to launch their own token.

Crypto Influencers Lured by $350K Airdrop to Launch Solana Meme Coins

Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economic uncertainty.

Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term?

Participants in the private investment include Galaxy Digital, Amber International Holding Limited, Arrington Capital, and others.

DeFi Development Corp, formerly Janover, nets $24 million PIPE to buy more SOL

Dogecoin

Crypto ETF issuers may not have to wait much longer to expand beyond spot bitcoin and ether funds.

SOL, XRP and DOGE Spot ETFs Likely to Be Approved by SEC in Coming Months, Analysts Say

Project Open was presented to the SEC as a pilot program to test the issuance of equity securities on public blockchains. By leveraging the zero settlement times and transparency of these blockchains, Project Open aims to lower the costs of issuance and trading simultaneously.

Solana Policy Institute, Superstate, and Orca Unveil Project Open: A Proposal to Move Equity Trading Onchain

Cardano

A closely followed crypto analyst says XRP (XRP) looks poised to kick off a new uptrend after the payments altcoin broke out of a bullish reversal pattern.

Trader Sees XRP Breaking Out of Bullish Reversal Pattern, Updates Outlook on Dogecoin, Solana and Cardano

The Solana Policy Institute put forward a new framework that would put equity securities on the blockchain.

Solana Policy Institute, Orca, and Superstate propose SEC-backed framework to bring Wall Street stocks to the blockchain

Litecoin

Bloomberg Intelligence exchange-traded fund (ETF) analysts Eric Balchunas and James Seyffart have released updated odds for 2025 U.S. spot cryptocurrency ETF approvals, assigning a 90% chance to solana ( SOL).

Solana, Litecoin, and XRP Lead 2025 ETF Approval Odds

Decentralized exchange (DEX) aggregator 1inch has announced the expansion of its services to the rapidly growing Solana blockchain, solidifying its position as a leading swap marketplace in the decentralized finance (DeFi) ecosystem.

News for Solana Crypto (SOL)