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

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

Bitcoin

Ethereum

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

Cardano

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.

Peter Brandt Slams XRP, SOL, ADA in US Crypto Reserve—Calls It a Blow to Trump's Credibility

The White House's “Crypto Czar” David Sacks says he sold all of his crypto, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), before the start of Donald Trump's presidency. Sacks says he also owned a $74,000 position in a Bitwise exchange-traded fund, which he sold on January 22nd, two days after Trump's inauguration.

Crypto Czar David Sacks Says He Sold All Bitcoin, Ethereum and Solana Prior to Trump's Inauguration

Real Vision Founder and CEO Raoul Pal on Tuesday forecasted that the current cryptocurrency bull market cycle, initially expected to peak in 2025, may extend into 2026 due to a prolonged business cycle. What Happened: Pal addressed the chaotic market conditions, providing reassurance to crypto investors navigating sharp volatility and outlining why he believes the cycle's expansion aligns with broader economic indicators.

Raoul Pal Predicts Extended Crypto Cycle Into 2026, Bitcoin, Solana Corrections Are Typical Volatility

Anza, the Solana-focused software development firm in charge of the Agave client, has released its roadmap for 2025. The main focus is to make Solana a faster and more effective network, aiming to reach the 1 million transactions per second (TPS) mark in the future.

Anza Commits to Scale Solana to 1 Million Transactions per Second

Following the announcement of a strategic crypto stockpile containing altcoins, several cabinet members of the Trump administration have drawn scrutiny for their crypto holdings. What Happened: In an X post on Tuesday, market commentator ‘The Pelosi Tracker' noted that Trump's proposed crypto strategic reserve has sparked debate, as several of his cabinet members hold substantial crypto assets.

Trump's Cabinet Holds Bitcoin, Solana, Ethereum—But No Cardano Or XRP

Dogecoin

Leading cryptos retreated amid uncertainty around the details of President Trump's crypto reserve plans and upcoming tariffs.

Dogecoin, Solana Down by Double Digits as Ethereum Price Hits 15-Month Low

Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.

Trump's Mention of XRP, ADA and SOL May Be Bait to Secure BTC, ETH Reserve

The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.

ADA, XRP, SOL Dive 21% to Reverse All Gains From Trump's Strategic Reserve Plans

U.S. President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve - in other words, crypto holdings owned by the U.S. government.

The five cryptocurrencies Trump wants the US to hold in reserve

President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.

Ethereum and Solana in the 'Strategic Bitcoin Reserve'? Rationale Is 'Unclear', Says Bernstein

President Donald Trump's influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.

Trump Solana Meme Coin Crashes 25% as Trade War Slams Bitcoin, Dogecoin

Tyler Winklevoss, co-founder of Gemini, has publicly questioned the inclusion of XRP, solana (SOL), and cardano (ADA) in a proposed U.S. strategic crypto reserve. Winklevoss Criticizes Trump's Proposed Crypto Reserve Inclusion of XRP, SOL, ADA Over Suitability President Donald Trump, the 47th U.S.

Tyler Winklevoss Questions Suitability of XRP, SOL, ADA for US Crypto Holdings

The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.

Bitcoin, Ethereum and Solana Falling as Trump US Crypto Reserve Hype Cools

White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.

Crypto Czar David Sacks Confirms Selling All Bitcoin, Ethereum, Solana Holdings, Denies 'Large Indirect Holdings'

Ripple's XRP and ethereum rivals solana and cardano—all regarded as U.S.

Crypto Braced For Another Trump Earthquake After Bitcoin, XRP, Solana And Cardano Price Boom

Anatoly Yakovenko, co-founder of the Solana project, has recently referred to the current state of bitcoin and its utility. On social media, Yakovenko stated that BTC had no value and could be considered insurance “in the best light.

News for Solana Crypto (SOL)