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

Cboe BZX Exchange Inc. filed a fresh set of filings for firms vying for a spot Solana exchange-traded fund.

Cboe BZX files again on behalf of firms for a spot Solana ETF in an attempt to get SEC's sign-off

Unicorn Fart Dust creator Ronald Branstetter lost over $1 million in a Solana wallet hack, but says he refuses to give up on his community.

Wholesome Solana Meme Coin Dev Hacked for $1.2 Million—But Says He Won't Give Up

Bitcoin

Dogecoin

New cryptocurrency investors should stick to proven assets and several big meme coins, according to a prominent trader on social media. What Happened: If you're building a crypto portfolio from scratch, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) are “must-haves,” said Altcoin Sherpa, a widely-followed trader on Tuesday on X.

Hold Bitcoin, Solana, Trump, Dogecoin If You're Starting A Portfolio Today, Says Top Trader

Ethereum

Igloo Inc. just launched its consumer-focused Ethereum layer-2 chain Abstract, but Pudgy Penguins assets are falling amid benefit gripes.

Pudgy Penguins Solana Token, Ethereum NFTs Plunge Alongside Abstract Network Launch

Chinese AI model DeepSeek has stolen the tech world spotlight—and unofficial Solana and Ethereum tokens are popping up to swindle traders.

Scammy DeepSeek AI Crypto Tokens Spread on Solana and Ethereum

While some view it as a positive move for long-term growth, others worry it could lead to monopolistic behavior and harm innovation in the Solana ecosystem.

Jupiter's Acquisition Spree, Buyback Plan Spark Solana Ecosystem Dominance Concerns

Cardano

Bonk

Polkadot

Chainlink

Litecoin

A leveraged ETF uses financial derivatives and debt to amplify the daily returns of the underlying security.

Tuttle Capital files for 10 leveraged crypto ETFs, including TRUMP and MELANIA memecoins

Chinese AI startup DeepSeek's $6 million AI model has rattled global global markets, with experts warning it signals a major shift in AI competition. What Happened: Speaking with Benzinga, experts suggest the Chinese startup's efficiency-focused approach is reshaping perceptions of dominance in artificial intelligence, challenging the high-cost strategies employed by US tech giants like OpenAI and NVIDIA (NASDAQ:NVDA).

Bitcoin, Ethereum, Solana Crash — Here's Why China's Low-Cost AI Model DeepSeek May Be To Blame

A new game on Telegram called “Trump's Empire” enables players to simulate Donald Trump's ascent from a business mogul to the President of the United States.

Telegram Game 'Trump's Empire' Integrates Business Simulation, Political Strategy, and a Meme Coin on Solana

The latest price analysis by Coinidol.com report, Solana (SOL) maintained its positive trend by oscillating below the upper threshold of $260 last week. The price bars are above the moving average lines, but the upward trend has stopped.

Solana Oscillates, But Does Not Advance Beyond $260

Traders of BTC-tracked products lost $238 million in the past 24 hours, majorly in early European and Asian afternoon hours.

Solana, Dogecoin, XRP Plunge 10% as Bloody Start to Week Sees $770M Long Liquidations

Jupiter, one of the leading Solana-focused decentralized exchanges, has made major announcements as part of Catstambul, its first community-focused conference held in Turkey. The project revealed the acquisition of a majority stake in Moonshot, a meme coin creation and distribution platform on Solana.

Solana DEX Jupiter Announces 50% Buyback, Moonshot Acquisition

Bitcoin and Ethereum ETFs were only the start: Issuers are now applying to offer all kinds of U.S. funds—for Dogecoin, Solana, XRP and more.

Which Crypto ETFs Are Next? Dogecoin, XRP, and Solana Lead the List

He made a Solana meme coin to prove that crypto is worthless, but then degen traders sent it to $420 million. Now he's changed his mind.

Gold Maxi Changed His Mind About Crypto After Creating $420 Million Solana Meme Coin

According to Defillama's most recent data, the stablecoin economy surpassed $215 billion as of Jan. 24, 2025. Notably, billions worth of these stablecoins were issued on the Solana blockchain.

Solana Takes Center Stage: $11B in Stablecoins Issued and $1.6T Transferred in January

Virtuals has unveiled its integration with Solana, merging its decentralized AI-powered platform with a blockchain known for its speed and scalability. Virtuals Protocol Debuts on Solana The latest development from Virtuals brings a suite of enhancements to the Virtuals ecosystem.

Virtuals Expands to Solana With Strategic SOL Reserve and Venture Support

A popular crypto analyst thinks one top-30 altcoin is gearing up for a parabolic rally. The pseudonymous analyst known as Altcoin Sherpa tells his 240,200 followers on the social media platform X that HYPE, the utility token of decentralized perpetual futures exchange Hyperliquid, may more than double in value this cycle.

Analyst Says ‘Glorious' Pump Incoming for Top-30 Altcoin, Outlines Path Forward for Solana and Fartcoin

While Circle's USDC led stablecoin growth on Solana, other issuers also expanded their stablecoins to the network recently, one analyst noted.

TRUMP Token Frenzy Drives Solana Stablecoin Supply to $10B, Record DEX Volumes

Over the past year, Solana's total value locked (TVL) has grown significantly, rising from $1.4 billion to $9.77 billion, an increase of approximately 600%.

Solana TVL Surges 600% in a Year as TRUMP Token Drives $11 Billion in Trading Volume

A new SEC-led task force could fast-track crypto ETFs for assets like XRP, SOL, and DOGE, promising clearer regulations, transparency, and broader investor access.

XRP, SOL, and DOGE ETFs Could See Faster Approval With SEC's New Task Force, Strategist Says

Solana's increasing popularity has seen the blockchain outpace Ethereum with over 5 billion dex transactions and 344 million active addresses in the past three months.

Solana Outshines Ethereum, Achieving Over 5 Billion DEX Transactions in the Last 3 Months

The growth in Solana's total value locked indicates potential opportunities for further DeFi development and adoption.

Solana TVL skyrockets 600% amid TRUMP launch as memecoins continue to fuel growth

The man behind popular AI bot Truth Terminal sold off a huge chunk of Fartcoin holdings, prompting a price plunge for the Solana token.

Solana Meme Coin Fartcoin Falls After AI Bot Creator Sells Huge Stash

Avalanche (AVAX) joined Solana (SOL) as an underperformer, declining 5.7%.

CoinDesk 20 Performance Update: SOL Falls 8.8% as Nearly All Assets Trade Lower

The majority of wallets that hold Trump have made less than $100, while around 60 whales have earned over $10 million, Chainalysis said.

News for Solana Crypto (SOL)