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

Solana (SOL) prices have risen above the moving average lines, reaching $90 on April 16.

Coinidol.com: Solana Slumps Again Above $80

Wrapped XRP officially launched on Solana this week, letting XRP holders move into one of crypto's most active decentralized finance networks without selling their native token position. Key Takeaways: Wrapped XRP launched on Solana this week, backed 1:1 by Hex Trust with roughly 834,498 wXRP in circulation.

Hex Trust Brings 1:1 Backed Wrapped XRP to Solana's Ecosystem

Wrapped XRP on Solana lets XRP holders access Jupiter, Phantom, and Meteora without selling the asset, the latest step in Hex Trust's multi-chain wXRP rollout first announced in December.

Wrapped XRP goes live on Solana, broadening DeFi access for Ripple-linked token

The move follows Hex Trust saying in December wXRP would become available on Solana, Optimism, Ethereum, and HyperEVM.

Wrapped XRP launches on Solana, enabling broader DeFi access for token holders

The project, called DoubleZero Edge, offers a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.

Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana

Sentinel Action Fund has received backing from the Solana Institute and Multicoin Capital, a crypto-focused venture capital firm.

Solana Institute-backed super PAC pours $8 million against Sherrod Brown in Ohio race

The Sentinel Action Fund is supporting Republican John Husted in that race, with funding from the Solana network's advocacy group and Multicoin Capital.

Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown's Senate run

Cardano

Bitcoin

Dogecoin

China's CSI 300 joins Taiwan and Singapore in erasing war-related declines as US-Iran talk optimism keeps oil below $100; spot ETFs posted $471 million in single-day inflows last week.

SOL, ADA, DOGE pull back, bitcoin holds above $74,000 as Asia recoups Iran war losses

Solana rose nearly 9% this week as easing macro fears lifted crypto markets and the network notched fresh progress in payments, staking, and tokenization.

Solana News: SOL Rises as Macro Fears Ease and Institutional Ties Deepen

Tron

A fake Ledger app on Apple's App Store drained $9.5M from more than 50 victims across Bitcoin, Tron and Solana, ZachXBT said.

Fake Ledger app on Apple App Store linked to $9.5M crypto theft across Bitcoin, Tron, Solana: ZachXBT

USDC

The accelerator settled $500,000 in USDC funding on Solana for Totalis, marking its first all-stablecoin investment.

Y Combinator settles first all-stablecoin funding in USDC on Solana

Alameda Research has moved $16 million worth of solana tokens after unstaking them, in a transaction linked to creditor repayments. The move mirrors previous transfers tied to FTX's ongoing restructuring process. Key Takeaways: Alameda moved $16 million worth of SOL to a wallet linked with repayment efforts, signaling ongoing FTX creditor payouts.

FTX's Alameda Moves $16 Million SOL in Ongoing Creditor Repayment

Alameda unstakes $16 million worth of Solana's SOL token, according to Arkham.

Alameda moves $16 million in Solana's SOL token for possible creditor distribution

The price of Solana (SOL) has started to decline after breaking above the 21-day SMA barrier.

Coinidol.com: Solana Dips and Returns to Its Range above $75

﻿The Solana Foundation has officially unveiled its Solana Developer Platform (SDP), and the guest list for the "early adopters" is a who's-who of the old guard: Mastercard, Western Union, and Worldpay.

Mastercard and Western Union Onboard Solana

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Solana (CRYPTO: SOL), and Dogecoin (CRYPTO: DOGE) may be forming a structural bottom after months of decline, according to crypto analyst Ali Martinez, who points to growing signs of accumulation across major assets. Signs Of A Structural Floor In a X post on Apr.9, Martinez said the market has been in a seven-month downtrend but is now showing early signs of stabilization.

Bitcoin, Solana, XRP, Dogecoin Show Signs Of Bottoming: Watch This 'Golden Zone'

Ethereum

The level that has capped every rally during the six-week war remains intact, with analysts saying $75,000 needs to break before the market enters a genuine bullish phase.

ETH, SOL, DOGE slide as Bitcoin fails to break $73,000 for the third time since the ceasefire

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

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.

News for Solana Crypto (SOL)