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

Standard Chartered's Geoff Kendrick targets $250 SOL as Mastercard, Worldpay, and Western Union adopt Solana's new developer platform for stablecoin payments.

'An Easy Gateway'—Solana Suddenly Braced For $250 Price Surge

Bitcoin

Ethereum

Tehran says three clauses of the ceasefire have been breached, oil is rebounding toward $97, and the Strait of Hormuz remains effectively closed despite the deal.

Bitcoin under $71,000, ETH, SOL, XRP drop as Iran ceasefire frays within 48 hours of being signed

Securitize has tokenized the ordinary shares of Nasdaq-listed Currenc Group Inc. (CURR), marking what the company says is the first natively tokenized public stock available simultaneously on both Ethereum and Solana. Key Takeaways: Securitize tokenized Currenc Group (Nasdaq: CURR) shares on Ethereum and Solana on April 8, 2026.

Currenc Group Tokenizes Ordinary Shares on Ethereum and Solana via Securitize

An analyst known for making timely crypto calls is warning that Bitcoin (BTC) is suddenly flashing a bearish signal. Pseudonymous analyst Bluntz tells his 337,700 followers on X that Bitcoin may be forming a classic bear flag pattern. Bearish flag patterns are used in technical analysis to forecast abrupt moves to the downside.

Crypto Strategist Warns Bitcoin Fighting Bearish Pattern, Predicts New Lows for Solana

A decentralized exchange on Solana urged its users to exit after a former executive was alleged to be a North Korean hacker.

Solana Exchange Stabble Warns Users to Pull Liquidity After North Korean Hacker Scare

Stabble, a Solana-based decentralized exchange ( DEX), urged all liquidity providers on Tuesday, to withdraw their funds immediately after onchain investigator ZachXBT publicly linked a former employee to suspected North Korean IT operations.

Solana DEX Warns Liquidity Providers to Withdraw After North Korean Employee Link Surfaces

Worried about a former employee with alleged ties to North Korea, Stabble told liquidity providers to withdraw funds.

Solana-based Stabble tells LPs to withdraw funds after identifying former North Korean employee

The Solana Foundation will offer tiered security services to DeFi protocols, marking a shift toward institutionalized protection following the Drift exploit.

Solana Foundation to Help Secure DeFi Protocols Following $285 Million Drift Hack

The foundation says it is becoming a leading network for “agentic payments.”

‘Don't waste time with crypto': Here is what Solana Foundation's cryptic message really means

The Solana ecosystem is reassessing its security practices after hackers drained one of the network's best-known decentralized trading platforms.

Solana News: Solana Reassesses Security After $280M Drift Exploit as Markets Roil

The program includes 24/7 threat monitoring for protocols with more than $10 million in deposits and a dedicated incident response network of security firms.

Solana Foundation unveils security overhaul days after $270 million Drift exploit

Solana Foundation launched new security initiatives with Asymmetric Research that are offered to the entire ecosystem.

Solana Foundation launches STRIDE program to fortify ecosystem security

Oil jumped above $112 on threats to destroy Iranian infrastructure if no agreement is reached by midnight, while crypto markets gave back Monday's ceasefire rally gains.

Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal

The Solana Foundation and Asymmetric Research launched STRIDE on Monday, a tiered security program built to protect decentralized finance ( DeFi) protocols across the Solana ecosystem with ongoing evaluations, threat monitoring, and formal verification. The initiative follows the Drift Protocol hack that saw $286 million pilfered in 12 minutes last week.

Solana Foundation Launches STRIDE Security Program for DeFi Protocols Following Drift Incident

The price of Solana (SOL) has declined and is now hovering just above $75.

Coinidol.com: Solana Remains Above Its $75 Support Level

While Bitcoin developers scramble to find a solution and Ethereum prepares for 'Q-day,' Solana is trying to get ahead of that scenario.

Solana's quantum-threat readiness reveals harsh tradeoff: security vs speed

A blockchain security expert compared Drift's lapse in security to Ethereum network Ronin's $625 million loss in 2022.

Drift Protocol's $285 Million Exploit on Solana Raises Questions Over DeFi Security

The JONATHAN token, launched eight months ago, hit a high of approximately $0.00038 on April Fools' Day, in a single 1,400% candle.

‘Alive and well:' Solana memecoin honoring 193-year-old tortoise Jonathan rallies following April Fools' prank

Jonathan, a nearly 200-year-old tortoise, was widely mourned Wednesday—but his purported demise was a hoax, and there's a crypto connection.

Solana Meme Coin Linked to Death Hoax for 194-Year-Old Tortoise—Who Is Very Much Alive

The exploit did not involve a bug in Drift's code. It used "durable nonces," a legitimate Solana transaction feature, to pre-sign administrative transfers weeks before executing them, bypassing the protocol's multisig security in minutes.

How a Solana feature designed for convenience let attackers drain more than $270 million from Drift

Crypto and equities sold off after the president's national address undermined a two-day rally built on expectations the war was ending. Oil jumped 5% to above $106.

Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'

The Solana-based DeFi platform Drift Protocol says it's under attack. In a series of tweets on X, the team behind the protocol says it's investigating unusual activity. “We are currently investigating. Please do not deposit funds into the protocol while we investigate. This is not an April Fools joke. Proceed with caution until further notice.

Solana-Based DeFi Platform Loses Over $270,000,000 in Cyberattack: Looksonchain

Solana-based perpetuals DEX Drift Protocol has suffered an exploit impacting more than $200 million in funds.

Solana DeFi Exchange Drift Protocol Exploited, Upwards of $285 Million Stolen

The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.

Solana DeFi platform Drift investigates suspicious activity, tells users to halt deposits

Onchain analysts flagged an estimated $200 million or more, drained from Drift Protocol accounts on April 1, 2026, making it one of the largest decentralized finance ( DeFi) breaches recorded this year.

News for Solana Crypto (SOL)