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

Defi Development Corp (DFDV), a Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL, said on Wednesday it is issuing $112.5 million in convertible notes to raise capital for a stock buyback program and more SOL purchases.

Defi Dev Hikes Convertible Note Offering to $112M for Buyback, More SOL Purchase

REX Shares and Osprey Funds have selected Anchorage Digital as the exclusive custodian and staking partner for their newly launched REX-Osprey Solana + Staking ETF (SSK), the first crypto staking exchange-traded fund (ETF) listed in the U.S.

Solana Staking ETF Opens for Trade, Becoming First Such U.S. Crypto Staking Product

A "prepaid forward" arrangement enables investors to hedge some of their risk by purchasing or selling shares when they are priced.

Solana treasury firm DeFi Development Corp disclosed $112.5 million private placement deal to fund SOL purchases

The new ETF from REX Shares and Osprey Funds is the first U.S.-listed crypto ETF to combine token exposure and staking rewards.

Anchorage Digital tapped as staking partner and custodian for REX-Osprey Solana + Staking ETF

Ethereum

Cryptocurrency analyst Benjamin Cowen has argued that an ‘altcoin season‘ has failed to materialize due to monetary policy, liquidity and stubborn Bitcoin (CRYPTO: BTC) dominance. What Happened: In a podcast published on June 28, Cowen stated, "Altseason has not happened yet.

Here's Why 'Altcoin Season' For XRP, ETH, SOL Has Not Happened Yet

An analyst known for being crowned as a “Master Trader” on the crypto exchange Bybit believes that a huge upside move is in sight for one Solana (SOL) rival.

Analyst Sees 98% Surge for Top Solana Challenger, Predicts at Least 2x Rally for One SOL-Based Altcoin

Solana (SOL) SOL declined 7.84% over the past 24 hours, trading at $145.08 as of 20:03 UTC on July 1, 2025, according to CoinDesk Research's technical analysis model; during the same period, the broader crypto market, as indexed by the CoinDesk 20 CD20, went down only 0.24%.

Solana Drops Below $146 Despite Imminent Launch of First U.S.-Based SOL Staking ETF

Stocks like Nvidia, Tesla, and Strategy are now tokenized on Solana and trading via Kraken and other platforms. Here's what you need to know.

You Can Now Trade Stocks Like NVDA and MSTR on Solana: Here's How It Works

Bitcoin

The first half of 2025 has wrapped up with only a select few crypto assets posting meaningful gains, highlighting how fragmented and uneven the market has been this year. What Happened: Despite maintaining a total market capitalization above $3 trillion for much of the period, the rally wasn't led by usual suspects like Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), or XRP (CRYPTO: XRP).

Bitcoin, Fartcoin Outperform In 2025, But How Did XRP, ETH, Solana Fare In The First 6 Months?

Cardano

The regulator approved Grayscale's bid to convert a fund primarily focused on Bitcoin, but also holding other major cryptocurrencies, into an exchange-traded fund.

Grayscale ETF Holding XRP, Solana and Cardano Receives SEC Green Light

A potential momentum shift in the cryptocurrency market has been observed, with renewed strength emerging in Solana (CRYPTO: SOL) and related ecosystem tokens. The trend has been highlighted by pseudonymous analyst Bluntz, who noted on Tuesday that key technical breakouts may set the stage for a positive week ahead.

'We're Back, Baby': Solana Analyst Highlights Breakout, But This Bitcoin Metric May Be At Risk

The Securities and Exchange Commission (SEC) has approved the conversion of Grayscale's Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), a filing shows.

SEC Approves Grayscale ETF That Includes BTC, ETH, SOL, XRP, ADA

Crypto asset manager Bitwise believes Bitcoin (BTC) remains on track to hit its price target in 2025. In a new report, Bitwise executives Matt Hougan and Ryan Rasmussen double down on their prediction that Bitcoin will hit $200,000 within six months, a more than 88% increase from its current value.

Bitwise Doubles Down on $200,000 Bitcoin Price Target, Reveals Predictions for Ethereum Solana, Coinbase and More

Solana underwhelms in H1, but this week's key positive developments (ETFs and tokenized stocks) could set the tone for H2.

Solana News: Tokenized Stocks, Micro Futures, and Staking ETFs Incoming

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk 20 Performance Update: Solana (SOL) Drops 5.4%, Leading Index Lower

Bitwise Asset Management says Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) are expected to reach new all-time highs in 2025, with Bitcoin projected to trade above $200,000. The prediction, shared in Bitwise's mid-year forecast review, reflects the firm's continued confidence in rising institutional demand and favorable market conditions for the second half of the year.

Bitcoin To Hit $200,000 In 2025, But New ETH, SOL Highs Remain In Doubt, Bitwise Says

Bitwise reiterated its call for BTC to hit $200,000 by the end of 2025, but is not so sure new highs for ETH and SOL are on the cards.

Bitwise sticks to $200,000 bitcoin forecast for 2025, but tempers ETH and SOL outlook

Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment.

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi

Rex Shares and Osprey Funds is set to launch the first U.S. ETF offering direct Solana exposure with staking rewards.

Rex-Osprey Solana ETF to Debut 'First-Ever' US Crypto Fund With Staking

A regulated crypto staking ETF is set to debut in the U.S., unlocking yield potential and paving the way for a new era of compliant digital asset investing. New ETF Combines SOL Exposure With Staking Income in Regulated Structure A yield-bearing crypto investment vehicle is about to make its debut in the regulated U.S.

First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure

An analyst known for attaining the “Master Trader” rank on the crypto exchange Bybit believes that rallies are in sight for Solana (SOL).

‘We're Back, Baby' – Analyst Flips Bullish on Solana (SOL), Hints at Altcoins Outperforming Bitcoin (BTC)

Bier's announcement is fueling speculation about X's future crypto payment plans, including long-rumored Dogecoin integration.

Solana Advisor Nikita Bier Joins Elon Musk's X, Reigniting Crypto Payments Speculation

Bier joined Solana as an advisor on March 25 to assist Solana Labs' app launches and development.

Solana advisor and serial tech entrepreneur Nikita Bier joins X as head of product

Bitcoin and Ethereum are climbing upwards, but Solana is outperforming. What's next for its price?

Solana Skyrockets as Bitcoin and Ethereum Grind Higher: Where Do Prices Go Next?

Solana SOL jumped about 5% Monday morning amid rumors that a SOL Staking exchange-trade fund (ETF) by Rex Shares and Osprey Funds could start trading on the market as soon as Wednesday.

News for Solana Crypto (SOL)