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

CME Group said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.

CME Group plans to launch Solana futures on March 17

With Solana futures set to launch on CME next month, the path for a spot SOL ETF approval could become clearer.

CME Group to launch Solana futures on March 17 as ETF momentum builds

Bitcoin

MetaMask announced plans to incorporate support for Bitcoin and Solana within the year as part of its ongoing product developments.

MetaMask To Support Bitcoin and Solana, Alongside Major UI Overhaul

CME Group expands its crypto offerings with Solana futures, set to debut in March.

CME Group to Launch Solana Futures as Demand for Crypto Derivatives Grows

Have we seen the last of the meme coin casino? Decrypt spoke to traders, founders, and analysts to find out.

Traders Debate: Is It Game Over for Solana Meme Coins?

Two Solana futures exchange-traded funds (ETFs) from Volatility Shares have appeared on the Depository Trust and Clearing Corporation (DTCC) list.

2 Solana Futures ETFs Listed on DTCC, Raising Hopes for Spot Solana ETF Approval

The crypto wallet also vowed to improve user experience with new updates such as gas abstraction and multiple SRPs.

MetaMask wallet to add support for Solana and Bitcoin

After a viral "prison break," comedian William Banks cashed out on a number of meme coins so he could donate money to support Palestine.

Viral Comedian 'Rug Pulls' Solana Meme Coins, Donates Proceeds to Palestine

A chart pattern suggests the smart contract platform Solana (SOL) could plunge by more than 50% if it loses a critical support level, according to a popular crypto trader. Ali Martinez tells his 128,800 followers on the social media platform X that the Ethereum (ETH) rival appears to be forming a right-angled ascending broadening pattern.

Crypto Trader Issues Solana Alert, Says the Ethereum Rival Could Crash 52% if Critical Support Level Crumbles

Cardano

Polygon

Crypto exchanges appear to now be in safe waters—but legal experts say it's still too early for token projects to rest easy.

Are Solana, Polygon and Cardano in the Clear After SEC Crypto Case Dismissals?

Solana meme coin DADDY has spiked following reports that Andrew Tate is flying to America, after being held in Romania since 2022.

Andrew Tate DADDY Solana Meme Coin Jumps 54% as He Leaves Romania—Thanks to Trump

Volatility Shares Solana ETF and Volatility Shares 2x Solana ETF were assigned the ticker symbols SOLZ and SOLT, respectively, on DTCC.

DTCC lists first set of Solana futures ETFs, fueling hopes for spot SOL fund approval

Barstool Sports founder Dave Portnoy doesn't want the headaches that come with launching a new meme coin—after already dropping a couple.

Dave Portnoy Says 'Too Many Babies' in Crypto Market to Launch Another Solana Meme Coin

Ethereum

A widely followed crypto strategist believes that Bitcoin (BTC) and crypto are due for a huge upside burst following a massive liquidation event. On Monday, the crypto market witnessed over $1.58 billion in liquidations, mostly levered long positions, within a 24-hour period amid a slew of bearish developments.

Analyst Says Strong Crypto Bounce Seems Likely, Predicts Rallies to New Record High for Ethereum and Solana

Solana meme coin launchpad Pump.fun had its social media account swiped Wednesday to promote an unofficial PUMP token that swiftly crashed.

Pump.fun X Account Hacked to Promote Fraudulent PUMP Solana Meme Coin

The cross-chain “Inclusive Layer” makes it easier to launch consumer apps on Ethereum, its leading Layer 2s and Solana.

Delta Blockchain aims to simplify cross-chain Ethereum and Solana app development with new ‘Inclusive Layer'

Uniswap (UNI) was also among the underperformers, falling 4.3% from Tuesday.

CoinDesk 20 Performance Update: Solana (SOL) Drops 5.6%, Leading Index Lower

Solana's native token hit a four-month-low price of $132 on Tuesday, down from its record high of $293 set in January.

Solana Hits Lowest Price in 2025, Down Over 50% Since January Peak

The cryptocurrency market plunged on Feb. 25, 2025, with altcoins suffering outsized losses amid economic uncertainty fueled by President Donald Trump's tariff policies. At press time, the crypto economy stands at $2.91 trillion, down more than 6% over the last day.

Trump Trade Policies Spark Altcoin Sell-Off: Ethereum, Meme Coins, and Solana Hit Hardest

Dogecoin

Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.

DOGE, ETH, SOL, XRP Plunge by Double Digits as Bitcoin Crashes Below $88,000

Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.

Ether on the Verge of ‘Death Cross' Pattern; SOL, DOGE, BNB Below 200-Day Average

Wintermute withdrew over $38 million worth of Solana (SOL) from Binance on Feb. 24, just days before the largest token unlock in Solana's history, scheduled for March 1.

Wintermute Withdraws $38M in Solana Ahead of $2B Token Unlock, Raising Concerns Over Market Impact

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

Solana Plunges 14%, XRP, Dogecoin Down 8% as Crypto Market Sell-Off Worsens

While Bitcoin.com News previously tapped generative artificial intelligence (AI) chatbots to forecast bitcoin's price trajectory, this time we've pivoted to a hotter debate: “Will solana surpass ethereum in market dominance by 2025's close?”

Crypto Showdown: Solana vs. Ethereum – What 11 AI Chatbots Predict for 2025

In a Friday meeting with the SEC's crypto task force, industry leaders asked the regulator to fast-track all sorts of assets for ETF approval.

News for Solana Crypto (SOL)