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

The price of Solana (SOL) has been trading in a range since the March 11 plunge, trading above the $110 support but below the $140 resistance for the past three weeks.

Solana's Bullish Rally Fails At The $140 Threshold

Bitcoin

An analyst who accurately called the 2022 crypto meltdown is warning that Bitcoin (BTC) and Solana (SOL) are likely to print new lows this year.

Bitcoin and Solana Capitulation Event in Sight, Warns Trader Who Nailed 2022 Crypto Collapse – Here's His Outlook

Analyst and trader Ali Martinez is leaning bearish on Solana (SOL) as the sixth-largest crypto asset by market cap lies about 53% below the all-time high recorded in January.

‘Time To Be Cautious': Trader Says Indicator That Perfectly Predicted a Rally on Solana Has Now Turned Bearish

Stern has detailed her allegations of sexual assault from Tate describing it as a "traumatic" encounter tied to crypto promotions.

Influencer Behind Solana Meme Coin Files Abuse Lawsuit Against Andrew Tate

A wave of Studio Ghibli-inspired images has taken over social media after OpenAI's latest update to its ChatGPT-4o model.

Ghibli-Style AI Image Trend Triggers 40,000% Surge in Solana Meme Coins

Studio Ghibli-inspired AI images are everywhere right now, and the social media trend has pumped a Solana meme coin inspired by it.

'Ghiblification' AI Anime Image Trend Pumps GHIBLI Solana Meme Coin

Cardano

Dogecoin

Interactive Brokers has announced the addition of four new cryptocurrencies—Solana (SOL), XRP, Cardano (ADA), and Dogecoin (DOGE)—to its trading platform.

Interactive Brokers Adds SOL, XRP, ADA, and DOGE to Its Crypto Trading Platform

The new listings come more than three years after Interactive Brokers first launched its crypto trading services for BTC, ETH, LTC and BCH.

Interactive Brokers expands crypto trading to include SOL, XRP, ADA and DOGE three years after launching the service

Ethereum

The internet is full of people converting images to AI-generated pictures in the characteristic style of some animated movies by Japan's Studio Ghibli. Memecoin traders are looking to cash in on the trend.

Studio Ghibli Craze Inspires Memecoins on Ethereum, Solana After OpenAI's 4o Release

The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.

Bitcoin's Price Recovery Runs Into a Bearish Double Top Patter, What Next for XRP, SOL, DOGE?

BlackRock's tokenized money market fund, BUIDL, has expanded to the Solana blockchain as its assets under management (AUM) surpass $1.7 billion.

BlackRock Expands BUIDL to Solana as Tokenized Fund Surpasses $1.7 Billion

The financial services giant is the latest issuer to take steps toward launching a fund based on the sixth largest cryptocurrency.

Cboe Exchange Submits Filing to List Fidelity Solana ETF

Nikita Bier joins Solana as advisor tasked with helping to select companies launch and grow their mobile apps.

Solana scores social media app guru Nikita Bier to advise with mobile push

Are we back? Solana bounced hard the last seven days (March 19-25) as market optimism returned following the Trump administration's apparent softening approach to tariff negotiations.

Week in Solana: GM PumpSwap, LaunchLab, PolyMarket and Fidelity ETF!

Blackrock and Securitize launched a new share class of their BUIDL tokenized treasury fund on the Solana blockchain on March 25, 2025, as the fund's assets hit $1.7 billion and the total tokenized treasury market reached a record-setting $5 billion.

Solana Integration Broadens Access to Blackrock's $1.7B Tokenized Treasury Fund

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Fidelity enters the US Solana ETF race, BlackRock launches its Bitcoin ETP in Europe and more

Solana (SOL) is green on the day on reports that BlackRock is moving its blockchain-based money market fund onto the Ethereum (ETH) competitor's network. Fortune reports that the world's largest asset manager is adding its $1.7 billion BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to the Solana blockchain.

Solana Rises As BlackRock Brings Its $1,700,000,000 Tokenized Treasury Fund to Ethereum Rival's Chain

Cboe Exchange, which the ETF would be listed on, submitted a 19b-4 filing with the Securities and Exchange Commission on Tuesday.

Fidelity Files for Spot Solana ETF on Cboe Exchange

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.

News for Solana Crypto (SOL)