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

Bitcoin

Ethereum

Bitcoin (CRYPTO: BTC) remains pinned near $63,000 even as U.S. stocks push to record highs, fueling the debate about whether crypto has already bottomed. BTC Trapped, Bottom In Q4?

Bitcoin, Ethereum, Solana, XRP Remain Trapped: 'Crypto Bottom May Take Months,' Trader Cautions

Shares held in tokenized form would carry the same rights as those in book-entry form, though not freely transferable outside the system.

Bitwise mulls tokenizing its Solana staking ETF via Superstate partnership

Solstice Finance has launched a Solana-based product that splits the dividend income and price risk of Strategy's STRC preferred stock into separate senior and junior tokens. The firm is also extending its USX dollar product into Zebec Network's payroll platform.

Solstice Targets 20% APY With Solana Tokens Tied to Strategy's STRC

6th Man Ventures co-founder Mike Dudas says Solana's infrastructure could carry crypto's next wave.

Solana Can Be the 'Everything Chain' as Crypto Apps Go Mainstream: 6th Man Ventures Co-Founder

Bitcoin (CRYPTO: BTC) remains stuck in a tight multi-week range, while Ethereum (CRYPTO: ETH) is one of the more compelling setups in crypto, according to prominent technical analyst DonAlt. He says Solana (CRYPTO: SOL), XRP (CRYPTO: XRP) and much of the broader altcoin market will likely underperform the former in the future.

Bitcoin, Ethereum Will Outperform XRP, Solana in the Future, Star Analyst Says

Google's model is live and built for cheap agents; OpenAI's is quicker but locked behind a waitlist.

Google and OpenAI Debut Super Fast AI Models—Gemini 3.7 Flash Is Out, But GPT-5.6 Sol Ultrafast Is Invite-Only

Forward Industries (NASDAQ:FWDI) on Wednesday reported a $69 million net loss for fiscal Q3 but grew Solana (CRYPTO: SOL) per share 9% quarter-over-quarter. What Do Forward Industries' Q3 Numbers Actually Show?

Forward Industries Reports $69M Loss in Q3 but Grows SOL per Share by 9%

MoneyGram is expanding its global cash-to-crypto services to Solana through a single API, connecting builders to its network of over 60 million customers and nearly 500,000 locations. The post MoneyGram Ramps Go Live on Solana, Giving Builders One-API Access to Global Cash Network appeared first on The Daily Hodl.

MoneyGram Ramps Go Live on Solana, Giving Builders One-API Access to Global Cash Network

Solana-based DoubleZero looks to meet institutional demands by adding prediction market Kalshi's order book to its low-latency market data feed.

Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed

A malformed default route at a single hosting provider took almost 29% of staked SOL offline, against a 33% threshold.

A Routing Bug Took Solana 86% of the Way to Losing Finality

Solana nearly froze on Wednesday morning when a routing glitch at a major data center provider knocked almost 29% of the network's staked tokens offline, staking platform Marinade said.

Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says

Solana is holding its 50-day average after a pullback from August's $90 spike, but the death cross above it keeps pressure pointed down.

The Bull and Bear Case for Solana's Next Price Move

Moneygram has launched its Ramps service on Solana, giving wallets and applications on the blockchain a direct connection between cryptocurrency and the company's global cash network. Rift is the first Solana wallet to integrate the service, Moneygram explained on Tuesday.

Moneygram Brings Cash-to-Crypto Payments to Solana With Rift

Wallets and apps on Solana can now tap MoneyGram's global network to move between digital assets and local currencies.

MoneyGram expands on Solana with global crypto-to-cash service

Crypto industry veterans are skeptical of a revival for altcoins but argue that Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) remain among the few assets with compelling long-term cases. Is Everything Except Bitcoin Dead?

'Everything Except Bitcoin Is Dead'? No, Watch ETH and SOL, Industry Veterans Say

The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter's router can send enough swap flow to the new vaults.

Solana lending giant Jupiter now lets the same dollar earn twice

Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) may dominate the large-cap altcoin conversation, but there are dramatically different risk-reward profiles across the three. Why Is Ethereum Boring But Still A ‘Hold'?

Rating Ethereum, Solana, XRP: Prominent Trader Says One's a 'Hold' and One's a 'Beta Bet'

The Solana vault splits income from Strategy's preferred stock into a lower-risk senior token and a higher-risk junior token.

Solana gets its first Strategy STRC product through Solstice Finance

Leading cryptocurrency analyst Ali Martinez set a $100 price target for Solana (CRYPTO: SOL) on Sunday, contingent on the asset overcoming critical resistance levels ahead. The Path to $100 In an X post, Martinez analyzed Solana trading in a parallel channel on the daily chart, identifying mid-channel resistance at $78 as a key level.

Solana on Course For $100? Popular Crypto Analyst Sees a 'Breakout' For the Former Ethereum Killer

Avalanche

Ethereum, Solana, and Avalanche usage is rising as fees fall. So why are ETH, SOL, and AVAX still down, and which metrics matter?

Ethereum, Solana, Avalanche Are Booming, so Why Are Prices Down 50%?

Grayscale added BNB to its Smart Contract Fund during its second-quarter review, giving the token a larger weighting than ether and solana. The asset manager also reduced exposure to Uniswap and NEAR across two other diversified crypto products.

Grayscale Gives BNB 30.6% in Smart Contract Fund, Tops Ether and Solana

XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) remain in a sideways pattern, yet three altcoins are each testing breakout levels with distinct catalysts behind them. ADA: Symmetrical Triangle Breakout With A 40% Measured Move Target Cardano (CRYPTO: ADA) reached $0.195 for the first time since July 4, with its market cap up 24% over the past week, according to Santiment on X.

Forget XRP, Solana: These 3 Altcoins Are Flashing Breakout Signals

Validators are considering changes that would increase the amount of SOL permanently removed from circulation while reducing the rate of new token issuance.

Solana Proposal Would Increase Daily SOL Burns More Than 10-Fold

SGP-0003 bundles a fee overhaul with a doubling of the disinflation rate. It needs 40 million more SOL of validator support in two weeks to reach a vote.

A new Solana proposal would take daily SOL burns from $47,000 to $650,000

BlackRock launched a tokenized money market fund for stablecoin reserves that uses Solana alongside Ethereum.

News for Solana Crypto (SOL)