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 launch adds to Bhutan's broader blockchain push, including Bitcoin reserves, Binance Pay integration and hydro-powered BTC mining.

Bhutan Launches Sovereign Gold-Backed Token on Solana

The Himalayan kingdom introduced TER, a Solana-based token backed by physical gold and issued through Gelephu Mindfulness City.

Bhutan Debuts TER Gold-Backed Token on Solana

Trump Billionaires Club on iOS and Android will launch by year's end and offer $1 million worth of the president's meme coin as rewards.

Official Trump Crypto Game Revealed With $1 Million in Solana Meme Coin Rewards

The fund will run on Solana at launch and use PYUSD.

State Street and Galaxy to Launch Tokenized Liquidity Fund on Solana in 2026

Bitcoin

Ethereum

Bitcoin and ether exchange-traded funds (ETFs staged a powerful rebound on Tuesday, posting a combined $330 million in inflows. Solana and XRP also joined the rally, delivering an all-green day across U.S. crypto ETFs. Bitcoin and Ether ETFs Surge as Markets Turn Fully Green The crypto ETF market lit up green on Tuesday, Dec.

All-Green Day: Bitcoin, Ether, Solana, XRP ETFs Rally with Strong Inflows

SEC-registered firms can sell shares directly on blockchain rails to investors, raising funds in stablecoins.

Superstate Rolls Out Direct Stock Issuance for Public Companies on Ethereum, Solana

The index reset to near-zero readings before abruptly turning higher — a shift that triggered weeks of trending price action and rapid rotation into Solana-based altcoins.

Solana Hits Liquidity Reset That Preceded Every Major Rally This Year

Cardano

Market depth in smaller tokens remained thin, echoing the uneven liquidity that has characterized December trading so far.

BTC, ETH, SOL, ADA Pull Back Ahead of Fed Meeting Where Rate-Cuts Expected

On-chain data shows Solana's liquidity has contracted to bear-market levels, with $500M in long positions at risk if its price drops 5.5%.

Solana Liquidity Plummets to Bear Level Territory Amid $500M Liquidation Overhang

Breakpoint fever starts to pick up in Abu Dhabi, as Solana announcements start pouring in.

Solana News: Incoming! Breakpoint 2025 Alpha, SKR Airdrop and Franklin SOL ETF

Solana (SOL) has continued to decline following a false breakout above the 21-day SMA.

Coinidol.com: Solana Faces a Decline but Hovers above $120

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, said in a Monday note that long-term investors should focus on the broader cryptocurrency market rather than choosing between chains like Ethereum (CRYPTO: ETH) or Solana (CRYPTO: SOL). Hougan Says No One Can Predict Which Chain Wins Hougan said he remains skeptical of claims that any single network — Ethereum, Solana or Bitcoin (CRYPTO: BTC) — will dominate the future of blockchain adoption.

Ethereum Or Solana? The Real Winner Is One You're Ignoring, Bitwise's Matt Hougan Says

Startup introduces programmable staking marketplace to transform $75 billion in locked solana stake into dynamic financial instrument. Pye Finance announced a $5 million seed funding round on December 8, 2025, led by Variant and Coinbase Ventures, with participation from Solana Labs and other investors.

Pye Finance Raises $5M to Unlock Solana's Idle Staked Assets With Variant and Coinbase

The broader market held its recent rebound, though liquidity remained thin ahead of Wednesday's Federal Reserve decision.

ETH, ADA, SOL Steady as Timezone Data Shows Europe Drove Deepest Bitcoin Selloff Since 2018

Solana (CRYPTO: SOL) continues to dominate real blockchain usage, but Cardano's (CRYPTO: ADA) 5% bounce has briefly redirected trader attention away from a chart that still shows structural weakness. Solana Extends Dominance In Network Activity SOL continued to outpace rival blockchains in decentralized exchange activity, marking its 16th straight week as the leader in DEX volume, according to Cointelegraph.

Solana Leads In Adoption, But ADA's 5% Spike Steals The Show

Dogecoin

Robinhood (NASDAQ:HOOD) is broadening its crypto services to appeal to advanced, high-volume traders across Europe and the U.S.

Robinhood Adds XRP, Dogecoin, Solana Trading Pairs For European Markets

A volatile first week of December left bitcoin and ether ETFs in net outflows, while solana and XRP funds bucked the trend with steady gains. Fund-by-fund flows revealed sharp divergences across issuers, with several products enduring heavy single-day swings.

ETF Flows Recap: Red Week for Bitcoin and Ether, Green for Solana and XRP

The platform aims to make locked Solana staking positions tradable via an onchain marketplace.

Pye Finance Raises $5M Seed Round Led by Variant and Coinbase Ventures

The company said events like October's Black Friday are causing traders to migrate from other exchanges to Robinhood in a “flight for safety.”

Robinhood targets savvy crypto traders with lower fees, more leverage for XRP, SOL and DOGE futures

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, hailed Solana (CRYPTO: SOL) as the “fastest-growing” ecosystem on earth on Saturday. Scaramucci's New Book On Solana Scaramucci took to X to promote his new book “Solana Rising: Investing in the Fast Lane of Crypto,” in which he advocates for the popular layer-1 blockchain.

Anthony Scaramucci Says Nobody Saw The Rise Of Solana, Calls It The 'Fastest-Growing App Ecosystem On Earth'

USDC

The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.

French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients

Bitcoin and ether ETFs both faced another difficult trading session, posting sizable outflows, while solana and XRP ETFs quietly notched fresh inflows. Market sentiment remained mixed, with traditional leaders struggling as smaller sectors absorbed renewed investor attention.

Bitcoin and Ether Post Combined $236 Million Outflow as Solana Stays Green

XRP (CRYPTO: XRP) slipped 2% on Friday as Cardano (CRYPTO: ADA) and Solana (CRYPTO: SOL) extended their declines, with each chart now approaching critical technical levels that could determine short-term direction. Solana Drops 5% As Downtrend Remains Firm SOL Price Prediction (Source: TradingView) Solana fell about 5% and remains capped beneath a steep downtrend line that has rejected every attempt at recovery.

Cardano Crashes 7%, Solana 5% — XRP Is Next If This Support Breaks

The one-month chart shows BTC still locked inside a descending structure from early November's highs, with the latest rebound producing another lower high.

Solana, XRP, ETH Extend Losses as Bitcoin's $91K Support Back in Focus

A softer inflation report could lower the 10-year Treasury yield and support cryptocurrencies.

News for Solana Crypto (SOL)