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) co-founder Anatoly Yakovenko doesn't think there's any reason to build layer-2s, which are protocols designed to help smart contract platforms scale.

Solana Co-Founder Sees No Reason To Build Layer-2s, Says Layer-1s Can Process 24,000,000,000 Transfers a Day

Fidelity has entered the ring for a Solana fund after Cboe BZX Exchange Inc. filed an essential form on behalf of the firm.

Cboe BZX files for a ‘Fidelity Solana Fund' as race for a SOL ETF heats up

BlackRock and Securitize expanded the tokenized money market fund BUIDL to Solana as the push into blockchain-based TradFi continued.

BlackRock expands BUIDL to Solana as AUM surges past $1.7 billion

The fnud now has $1.7 billion in assets and is spread across seven different blockchains as BlackRock expands its presence in the crypto space.

BlackRock, Securitize Expand $1.7B Tokenized Money Market Fund BUIDL to Solana

BlackRock (NASDAQ:HOOD) is deepening its engagement with blockchain technology by bringing its tokenized money market fund, BUIDL, to Solana. What Happened: The development was confirmed on Tuesday by Securitize, BlackRock's tech partner, marking another significant step in the asset manager's digital asset roadmap, Fortune reported.

BlackRock Brings Tokenized Money Market Fund 'BUIDL' To Solana

Polymarket is banking on Solana's recent growth as U.S. regulators signal a softer stance on crypto and blockchain-based betting.

Polymarket to Accept Solana Deposits Starting Today

The Solana-based meme coin Morning Routine (ROUTINE), launched on March 21, 2025, has quickly become a sensation, reaching a $19 million market cap by March 23.

Solana Meme Coin "Morning Routine" Hits $19 Million Market Cap, Sparking Revival in Meme Coin Market

Ethereum

XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million.

XRP and Solana Attract Millions as Crypto Inflows Hit $644 Million, Ethereum Loses $86 Million

Up until now, Polymarket has primarily required users to buy USDC stablecoins for deposits although it uses the Polygon network.

Polymarket launches on Solana to enable SOL deposits, expanding beyond USDC

The crypto market has been hammered by Donald Trump's tariffs, but prices rallied after the U.S. President suggested he might narrow their scope.

Solana Jumps 8% as Markets Weigh Shift in Trump Tariffs

Multicoin Capital Co-Founder Kyle Samani sheds light on the current crypto VC landscape and lays out his bull thesis for Solana.

Kyle Samani's bull case for Solana and how Ethereum may get left behind

A viral morning routine video caused a meme coin to soar to a market cap of $19 million, prompting degens to say meme coins are back.

Solana Meme Coin Trenches Heat Up as Morning Routine Token Touches $19 Million

Bitcoin

Analysts said reports of the White House taking a more moderate approach in pushing tariffs provided some relief for investors.

Bitcoin gains above $87,000 alongside XRP, SOL as Trump tariff concerns ease

SOL leads BTC and XRP higher as SPX futures cheer reports that expected Trump tariffs on April 2 could be narrower in scope that initially expected.

Bitcoin, XRP and SOL Rise With U.S. Equity Futures as Trump Plans Targeted Action for Tariffs Liberation Day

Selling pressure on Solana (SOL) eased above the $110 support on March 11.

Solana Is Stabilizing At Its Low Price Of $110

Fidelity Investments, overseeing $15.1 trillion in client assets, took a pivotal step toward launching a solana ( SOL)-focused investment product by registering a Fidelity Solana Fund in Delaware on March 20, 2025—a precursor to a potential spot exchange-traded fund (ETF).

Fidelity Files for Solana Fund in Delaware, Signals ETF Ambitions

Fidelity declined to give additional details on the trust, which may signal that an application for a Solana ETF is incoming.

CSC registers ‘Fidelity Solana Fund' statutory trust in possible step towards ETF filing

Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market capitalization, has charted a diametrically opposite trajectory when compared to its older sibling, Bitcoin (CRYPTO: BTC), over the past year. Consider this.

Why Ethereum Is Lagging Bitcoin—Analysts Cite Inflationary Problems, Dencun Upgrade Blowback, And Solana's Meme Coins

Volatility Shares is launching two Solana futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT).

Solana Futures ETFs Launch, Expected To Boost Institutional Adoption Despite Limited Inflows

Pump.fun launched Pumpswap, its proprietary decentralized exchange (DEX) on the Solana blockchain, on March 20, 2025, to facilitate the trading of tokens created through its platform, according to the platform's X account. Pump.fun Launches Pumpswap DEX Pumpswap operates with a 0.25% transaction fee, allocating 0.20% to liquidity providers and 0.05% to the protocol.

Pump.fun's New Pumpswap Exchange Targets Solana's Meme Coin Ecosystem

Trezor Suite has made it so solana ( SOL) holders can stake tokens directly from its hardware wallets while maintaining full asset control.

Trezor Integrates Solana Staking via Partnership With Everstake

Pump.fun has launched its own decentralized exchange to rival Raydium, saying it hopes to improve the token migration experience.

Solana Meme Coin Launchpad Pump.fun Debuts PumpSwap Exchange

Solana's most profitable protocol Pump.fun is gunning for an even greater share of the chain's DeFi economy.

Inside Pump.fun's Plan to Dominate Solana DeFi Trading

Volatility Shares will launch two Solana futures ETFs on Thursday, making them the first of their kind in the United States.

Volatility Shares Set To Launch 2 Solana Futures ETFs as Industry Awaits Approval of Spot ETFs

Anatoly Yakovenko came out forcefully against the controversial Solana ad, which he said was "punching down against a marginalized group."

News for Solana Crypto (SOL)