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 DTCC notes the fund cannot be created or redeemed; however, VSOL's presence indicates it may soon be approved by the SEC.

DTCC lists VanEck's proposed spot SOL ETF on list of ‘active and pre-launch' funds

The prospects of a Solana ETF approval are increasing, helping to steady SOL despite rising political tensions in the Middle East.

Week in Solana: ETF Fever Rises, Pump.fun Gets Banned!

Solana's SOL SOL fell 4.24% over the past 24 hours to trade at $149.46, retreating from a high of $158.54 following a sharp overnight sell-off. Trading volume surged as SOL broke below $155 support late Monday, with the price eventually bottoming at $148.68 before entering a choppy consolidation around the $150 mark.

SOL Drops Below $150 After Sell-Off Despite Growing Institutional Adoption Narrative

Ethereum

Pepe

dogwifhat

Meme coins Pepe, Floki Inu and Dogwifhat have led losses as the crypto market experiences a 3.5% pullback Tuesday morning.

Ethereum and Solana Meme Coins PEPE, FLOKI, WIF Lead Losses as Market Dips

Bybit is betting big on hybrid finance with Byreal, its new Solana-powered decentralized exchange (DEX) merging Wall Street-grade liquidity with DeFi's trustless trading—set to shake up crypto this summer.

Bybit Debuts Hybrid Exchange Byreal on Solana, Targets Q3 Mainnet Launch

Cantor analysts think Solana-linked stocks could outperform by offering faster crypto exposure and income through staking.

Cantor Sees 75% Upside in Solana-Focused Stocks With New Analyst Coverage

Cantor Fitzgerald initiated coverage on three Solana treasury companies including DeFi Development Corp., Upexi and Sol Strategies.

Solana ‘makes sense' as treasury asset amid outpacing ETH, says Cantor

Cantor initiated coverage of the three largest solana SOL treasury companies DeFi Development (DFDV), Upexi (UPXI) and Sol Strategies (HODL) with an overweight rating, the Wall Street firm said in a research report Monday.

Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade at Premium: Cantor

The CoinShares Solana ETF would track the sixth largest crypto by market cap and trade on the Nasdaq.

CoinShares Solana ETF Joins Growing List of Applications for Altcoin-Based Funds

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) Jumps 7.3% as All Assets Trade Higher

CoinShares is the eighth prospective issuer to file for a spot Solana ETF with the SEC, after VanEck began the trend in June 2024.

CoinShares joins VanEck, Fidelity and others in race for spot Solana ETF approval, files S-1 with SEC

Major altcoins posted gains Monday morning, as nearly $2 billion flowed into institutional crypto funds.

Hyperliquid, Solana Lead Altcoin Rally as Institutions Pour $1.9B Into Crypto Funds

Bybit's upcoming Solana DEX Byreal aims to merge CEX-level liquidity with the transparency of DeFi-native platforms.

Bybit unveils its first Solana DEX Byreal, mainnet launch slated for Q3

Solana (SOL) SOL traded at $144.14 on June 14, down 2.06% over the past 24 hours, but showed resilience as long-term institutional activity offset retail-driven weakness. Price action remains pinned near the lower end of its recent $145–$149 consolidation zone, following a broader multi-day correction across crypto markets tied to rising geopolitical tension.

SOL Rebounds Toward $145 as 7 ETFs Advance and DeFi Dev Corp Eyes More SOL Purchases

Fidelity Investments is officially seeking the green light to launch an exchange-traded fund (ETF) that would hold solana ( SOL) directly. S-1 in Play: Fidelity Takes Aim at Solana With ETF Proposal On June 13, 2025, the firm submitted its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC).

Fidelity Files S-1 With SEC, Aiming to Launch Spot Solana ETF

Prospective Solana ETF issuers in the United States submitted updated SEC filings Friday, suggesting approvals may be near.

Solana ETF Applicants Submit Updated SEC Filings With Staking

Franklin Templeton and Galaxy Digital submitted updated S-1s, a registration statement needed for an ETF to gain SEC approval for public trading.

Prospective SOL ETF issuers submit updated S-1 filings, hinting at potential listing

A slew of companies seeking to launch exchange-traded funds tracking the price of crypto token Solana amended their filings with the U.S. Securities and Exchange Commission on Friday.

Crypto token Solana ETF hopefuls amend filings with SEC

Just yesterday Singapore-based Trident, a penny stock, said it wanted to raise $500 million to stockpile XRP.

Micro caps planning XRP or SOL treasuries probably ‘scams,' VanEck says

Solana's SOL SOL dropped 7.87% to $147.07 over the past 24 hours, as traders reacted to renewed volatility across crypto markets. After opening at $159.60, SOL fell sharply during late Thursday and early Friday trading, reaching a low of $142.13 before stabilizing above the $147 mark.

Solana's SOL Falls 8% to $147 Despite Standard Chartered's $275 Year-End Target

Volatility in crypto markets is rising, but smart money is clustering around some major tokens with booming onchain ecosystems.

XRP, SOL Poised to Take Off Amid Rocketing Institutional Demand, Analyst Says

Solana treasury company DeFi Development Corp. established a major line of equity credit to buy even more SOL.

Publicly Traded Solana Treasury Company Wants to Stack Another $5 Billion in SOL

DeFi Development Corp. (DFDV), the Nasdaq-listed firm pursuing a solana SOL treasury strategy, is planning to get some more dry powder to boost its SOL stack.

DeFi Adding $5B of Solana Buying Power With New Line of Credit

The price of Solana (SOL) has regained its positive momentum after rising above the moving average lines.

Solana Price Rise And Remain At $168

Dogecoin

Altcoins including DOGE, SOL and ADA outpaced Bitcoin's losses Thursday morning, in what experts called a “routine” pullback.

News for Solana Crypto (SOL)