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 "Double Disinflation" proposal squeaked through by a razor-thin margin after Kraken nearly sank it, while a separate fee-burning measure failed.

Solana Will Now Print Less SOL as Disinflation Vote Passes in Dramatic Fashion

Avalanche

Chainlink

The brokerage will expand Schwab Crypto trading to Solana, Avalanche, and Chainlink, but has not given a launch date for the three tokens.

Charles Schwab Expands Crypto Trading Beyond Bitcoin and Ethereum

Solana's first network-wide vote went down to the wire, with a Kraken-linked validator switching sides before the disinflation proposal narrowly passed.

Solana vote to double disinflation passes by a hair in dramatic finish

The Bitwise Solana Staking ETF (ticker BSOL) crossed $1 billion AUM on Friday, less than a year after its launch.

Bitwise fund is first Solana ETF to hit $1 billion AUM

Two majors proposals are set to pass, its leading DATs are back, and Schwab is offering SOL to its clients—quite the setup for Solana.

Morning Minute: Solana Jumps with Network Inflation Set to Drop

All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns remains below the two-thirds support needed.

Solana's faster supply cuts lead vote while $800,000 daily burn plan trails

Bitcoin

Every major but HYPE gained over 24 hours, capping a week that added 9% to bitcoin and 20% to solana.

Bitcoin holds $80,000, solana leads majors higher before Warsh's Jackson Hole debut

Ethereum

Bitcoin;s (CRYPTO: BTC) breakout above $80,000 has boosted the altcoin market, with 19 of the 20 largest liquid altcoins joining the rally, according to a Bitfinex report on Thursday. What Drove BTC Rally?

Ethereum, XRP, Solana Up Over 40% in 2 Weeks but 1 Altcoin Misses the Crypto Party

There's been a great deal of institutional interest in crypto assets over the last two years, and on Thursday, the $13 trillion asset manager Charles Schwab announced that it is expanding its digital asset listings beyond bitcoin and ethereum.

$13T Asset Manager Charles Schwab Adds 3 Altcoins to Its Crypto Push

Charles Schwab (NYSE:SCHW) on Thursday announced plans to add Solana (CRYPTO: SOL), Avalanche (CRYPTO: AVAX), and Chainlink (CRYPTO: LINK) boosting SOL as much as 5% intraday. What Schwab Is Actually Adding According to a Schwab press release, the three tokens join Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) already available on Schwab Crypto since May 2026.

Solana Surges 5% as Charles Schwab Adds SOL, AVAX, LINK to Crypto Platform

MoonPay added Solana lending protocol Kamino to its PayBox AI-focused payment vault, allowing eligible users to lend tokens or borrow against crypto collateral through conversations with ChatGPT or Claude.

MoonPay's newest integration lets AI agents handle crypto lending on Solana

DFDV's return has been more than twice that of SOL in the month of August, while quarter-to-date, shares have outperformed SOL by 1.8x.

DeFi Development Corp resumes Solana purchases, acquiring nearly 20,000 SOL

Solana is up more than 8% in 24 hours and 44% on the month. Coming changes to the network could add a supply squeeze to the mix.

Solana Is Having Its Best Month Since 2024—With a Historic Governance Vote on Deck

Schwab Crypto began rolling out to clients in May with direct access to BTC and ETH trading and charges 75 basis points per transaction.

Charles Schwab to add Solana, Avalanche and Chainlink to crypto trading platform

Two Solana proposals could sharply reduce token issuance while increasing burns, potentially cutting staking yields roughly in half within two years. The trade-off is lower income for stakers in exchange for a tighter long-term supply profile for SOL. 21Shares Sees Solana Emissions Falling by up to $1.

Solana Proposals Could Cut Staking Yield to 2.25%, Emissions by $1.5B

GalaxyOne clients can borrow cash against Bitcoin, Ethereum, and staked Solana at 8.99% APR without selling a coin.

Galaxy Opens Retail Crypto-Backed Credit Lines on Bitcoin, Ethereum and Solana

Nasdaq-listed SOL treasury company DeFi Development Corp launched a free network dashboard on Wednesday. Its pitch: judge Solana on more than just price.

Solana Treasury Firm Invites Investors to Look 'Beyond the Price of SOL'

The Nasdaq-listed company holds roughly 2.3 million SOL worth about $208 million, while its shares have fallen 16% year to date.

SOL treasury firm DeFi Development launches real-time ‘State of Solana' intelligence platform

Every major token fell over 24 hours except HYPE, though bitcoin holds a 23% weekly gain and XRP almost 45%.

Bitcoin holds $79,000, ether, solana slip as traders bank a week of gains

Galaxy Digital (NASDAQ:GLXY) launched a crypto-backed credit line Tuesday, letting clients borrow against Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) without selling. What the Product Actually Offers According to a Galaxy press release, the GalaxyOne Crypto Portfolio Line of Credit combines BTC, ETH, and Solana (CRYPTO: SOL), including staked SOL, as collateral under a single revolving credit line.

Galaxy Now Lets You Borrow Against Your BTC, ETH, SOL Holdings

Monday's $33.5 million was the largest single-day inflow since December, pushing cumulative net inflows to a record $1.22 billion and trading volume to $166.8 million.

Solana ETFs extend growth streak to 5 days after year's biggest inflows

BTC is up more than 25% on the week after Treasury's bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to slow new SOL creation and raise daily burns.

Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning

Two of the three proposals would reduce SOL supply growth by speeding up Solana's inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.

New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation

Solana kicked off its first formal governance vote on August 22, 2026, putting three proposals, including a plan to double annual disinflation to 30%, in front of validators through August 27.

Solana Validators Open Vote on Constitution

Every blockchain eventually hits a hard wall: thousands of independent computers have to settle on one history without a central referee deciding which version wins.

News for Solana Crypto (SOL)