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

Dogecoin

Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.

Bitcoin Drops Below $95K as Solana, XRP and Dogecoin Keep Falling

The Grayscale Pyth Trust offers accredited investors exposure to PYTH, the governance token behind Solana's leading oracle network.

Grayscale Rolls Out Crypto Fund for Pyth, Expanding Investor Access in Solana Ecosystem

Solana has dropped to its lowest level since mid-December, amid meme coin controversies and a looming token unlock event.

Solana Drops 8.8% Following LIBRA Meme Coin Crash

The SOL price has slumped against both the dollar and ether.

LIBRA Apparent Rug Pull Is Latest 'Sordid Episode' Emerging From Solana's Memecoin Complex: Galaxy

Litecoin

Based on fresh data from the prediction marketplace Polymarket, there is a 78% probability that the U.S. Securities and Exchange Commission (SEC) will approve an XRP exchange-traded fund (ETF) this year.

Polymarket Bet Signals 78% Chance for SEC-Approved XRP ETF, Higher Odds for SOL and LTC Funds

A daring climb of the Hollywood sign by a promoter led to a dramatic fluctuation in the value of Solana meme coin Vigilante (VIGI). What Happened: An unidentified individual scaled the iconic Hollywood sign on Saturday, waving a flag advertising the Solana meme coin Vigilante.

Hollywood Sign Stunt Ignites Solana Meme Coin Frenzy

Ethereum

Macro guru and Real Vision chief executive Raoul Pal says that Bitcoin (BTC) and other top altcoins are all looking strong despite choppiness in crypto markets.

Ex-Goldman Sachs Executive Says Bitcoin, Ethereum, Solana and Sui All Look Bullish Amid ‘Greatest Macro Trade'

An internal investigation by Jupiter found no evidence of "sniping" by employees around the launch of collapsed meme coin LIBRA, it said.

Solana Exchange Jupiter: LIBRA Launch ‘An Open Secret' In Meme Coin Circles

A man was taken into police custody Saturday after climbing the Hollywood sign to promote his Solana meme coin.

Solana Meme Coin Pumps—Then Dumps—After Promotor Climbs Hollywood Sign

Crypto markets fell with XRP and SOL leading declines among major cryptocurrencies.

Solana, XRP Lead Crypto Drop With U.S. Closed for Presidents' Day

BNB Chain surpassed Solana in daily transaction fees on Feb. 13, 2025, with over $5.8 million in fees, outpacing Solana's $3.3 million.

BNB Chain Surpasses Solana and Ethereum in Daily Fees for the First Time Since 2024

Donald Trump actually launched a Solana token, but did Javier Milei? The answer remains unclear—and LIBRA is crashing amid the confusion.

Did Argentina's President Javier Milei Really Launch a Trump-Like Solana Meme Coin? LIBRA Crashes 87%

Popular Solana meme coin launchpad Pump.fun is now available on iOS and Android, letting users create and trade tokens from anywhere.

Pump.fun Debuts Mobile App for Launching and Trading Solana Meme Coins

SFM holders will have an opportunity to sell their tokens despite current low liquidity levels.

SafeMoon to Launch Memecoin on Solana After Burning Most of SFM Supply

President Trump's official memecoin has risen 30% over the last 24 hours, with $3.4 billion of trading volume.

Official Trump memecoin surges 30% as Solana tokens pace the market

Pump.fun users can buy, create tokens for free and manage their digital portfolio in the platform's new iOS and Android app.

Solana memecoin launchpad Pump.fun launches mobile app

Solana's bridges have achieved a significant milestone, reaching an all-time inbound volume of $10.1 billion as of Feb. 10, 2025, according to a data dashboard by analyst h4wk.

Record $10.1 Billion Inbound Volume Reached by Solana Bridges

Binance founder Changpeng Zhao , known as “CZ,” ignited a meme coin frenzy and subsequent backlash in the crypto community after sharing a story and photos of his dog, a Belgian Malinois named Broccoli. While CZ explicitly stated he was not creating a meme coin himself, the post prompted the launch of hundreds of tokens bearing the dog's name on the BNB Chain (CRYPTO: BSC).

Binance Founder CZ Sidelines XRP, Solana And Sparks BNB Chain Meme Coin Frenzy With His Dog 'Broccoli'

The maximum DOOD token supply sits at 10 billion, with its largest allocations going to the Doodles community and an ecosystem fund.

NFT brand Doodles to launch Solana-based token called DOOD

Doodles CEO and co-founder Scott Martin opened up about how the NFT brand is shifting gears. First up: a DOOD token launch on Solana.

Ethereum NFT Brand Doodles Reveals Solana Token Amid Pivot Away From 'Extractive' Corporate Deals

Blockchain tracking firm Lookonchain says a crypto whale suddenly withdrew $5 million worth of Solana (SOL) to possibly buy more artificial intelligence (AI) related tokens.

Mysterious Whale Withdraws $5,000,000 in Solana From Coinbase, Potentially To Accumulate AI Coins: Lookonchain

Much of the revenue was generated in November which topped $367 million or nearly $100 million more than the revenue generated in the entire previous quarter.

Solana Application Revenue Skyrockets to $840M in Q4 2024

Neiry Lab, the research firm behind the Pythia AI rat experiment, is set to roll out a feature that will pay users to sell their EEG data.

'Think-to-Airdrop': Russian Neurotech Startup Plans to Offer Solana Token for Brainwaves

Crypto streaming music platform Audius is marking 250 million total plays with an airdrop for artists—and rewards ahead for users, too.

Audius Launches Solana Token Airdrop for Artists as Music Streams Top 250 Million

Wall Street giant Franklin Templeton said on Wednesday that its OnChain U.S. Government Money Fund, aka FOBXX, is now available on Solana.

News for Solana Crypto (SOL)