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

Nasdaq-listed SOL treasury company DeFi Development Corp launched a free network dashboard on Wednesday. Its pitch: judge Solana on more than just price.

Solana Treasury Firm Invites Investors to Look 'Beyond the Price of SOL'

The Nasdaq-listed company holds roughly 2.3 million SOL worth about $208 million, while its shares have fallen 16% year to date.

SOL treasury firm DeFi Development launches real-time ‘State of Solana' intelligence platform

Bitcoin

Ethereum

Every major token fell over 24 hours except HYPE, though bitcoin holds a 23% weekly gain and XRP almost 45%.

Bitcoin holds $79,000, ether, solana slip as traders bank a week of gains

Galaxy Digital (NASDAQ:GLXY) launched a crypto-backed credit line Tuesday, letting clients borrow against Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) without selling. What the Product Actually Offers According to a Galaxy press release, the GalaxyOne Crypto Portfolio Line of Credit combines BTC, ETH, and Solana (CRYPTO: SOL), including staked SOL, as collateral under a single revolving credit line.

Galaxy Now Lets You Borrow Against Your BTC, ETH, SOL Holdings

Monday's $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.

Solana ETFs extend growth streak to 5 days after year's biggest inflows

BTC is up more than 25% on the week after Treasury's bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to slow new SOL creation and raise daily burns.

Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning

Two of the three proposals would reduce SOL supply growth by speeding up Solana's inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.

New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation

Solana kicked off its first formal governance vote on August 22, 2026, putting three proposals, including a plan to double annual disinflation to 30%, in front of validators through August 27.

Solana Validators Open Vote on Constitution

Every blockchain eventually hits a hard wall: thousands of independent computers have to settle on one history without a central referee deciding which version wins.

Bitcoin to Solana: How 8 Crypto Networks Reach Consensus

The change should lead to faster transaction confirmations but is not designed to increase the overall throughput of the network.

Solana cuts mainnet slot time to 350 milliseconds in first step toward 200ms goal

Grayscale says proposed SEC fundraising rules could benefit ETH, SOL and BNB by increasing token issuance, bringing more U.S. issuers and investors onchain and potentially driving value to the three native assets. Grayscale Identifies Three Potential Beneficiaries Public blockchain activity could expand under proposed U.S.

Grayscale Names 3 Crypto Tokens That Could Gain From New SEC Rules

Solana has activated the first reduction in its block timing since launch, speeding up transactions on the network.

Solana Just Got Faster—Is It Bullish for SOL?

The agreement covers a proof-of-concept for the issuance and distribution of a Korean won-denominated tokenized fund.

South Korea's Shinhan partners with Solana Foundation, Etherfuse, Orca for tokenized fund issuance

The two-day short liquidation total has reached about $3.8 billion, after Thursday's figure set a record going back to 2021.

Bitcoin, ether and solana climb as another $1 billion shorts get wiped out

Cryptocurrency markets saw their biggest short position liquidation day in history on Wednesday, with over $1 billion in shorts liquidated over the space of a few hours.

Bitcoin Hits $69,000, Ethereum Goes on 20% Bull Rampage, XRP, SOL Pump 10% on Historic Crypto Day

Zcash

Ethereum broke above $2,000 for the first time in over two months, peaking at $2,112 following a U.S. Treasury announcement to double bond buybacks to $4 billion.

ZEC, SOL, and XRP Rally as Ethereum Breaches $2,000

Cash App users can now buy XRP, solana, ether, and USDT directly through a new Moonpay integration, giving the app's 59 million users access to tokens that Block has never listed directly on its own platform.

Cash App Adds XRP, SOL and ETH via Moonpay for 59M Users

Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.

Solana leads bitcoin and ether higher while Korean chip stocks slide 7%

Miller Whitehouse-Levine urged regulators to move quickly, saying the industry "can't afford to keep waiting for Congress."

Solana Policy Institute CEO says Clarity Act in ‘August recess purgatory,' gives it 10% odds before midterms

Pump.fun

The native token of Solana's Pump.fun is up 8%, and the pattern bulls have been waiting for is starting to form on the daily chart.

Solana's Pump Token Leads Crypto Market Gainers as Chart Paints Golden Cross

Both Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are considering tokenomics changes that would make them scarcer than gold by 2031, according to a new Grayscale research note. What Would the Proposed Tokenomics Changes Actually Do?

Ethereum, Solana Could Turn Scarcer Than Gold By 2031: Here's the Math to Prove It

Grayscale projects Ethereum's annual supply inflation could shrink to roughly 0.4% and Solana's to 1.1% by 2031 if two pending network proposals pass, pushing both issuance rates below gold's roughly 1.8% annual supply growth.

Grayscale: ETH, SOL Supply Growth Could Fall Below Gold by 2031

Bank Leumi is preparing to put bitcoin, ether and solana inside its banking platforms, an Israeli first if regulators finally sign off on the service. Israel's largest and oldest commercial bank unveiled the deal this week with Galaxy Digital Inc., the Nasdaq-listed crypto firm led by Mike Novogratz.

Israel's Oldest Bank Bets Big on Bitcoin, Ether and Solana Trading

Bitwise is working with Superstate to let investors hold shares of certain funds in tokenized form while preserving the same legal and economic rights. Its Solana staking ETF is expected to be the first product considered for the blockchain-based structure.

Bitwise Targets Solana Staking ETF for First Tokenized Shares

Israel received an estimated $22 billion in onchain crypto value during the 12 months ending June 2025, according to Chainalysis.

News for Solana Crypto (SOL)