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

Validators and the people who stake with them can now formally signal where the network should go through a new system called Solana Governance Proposals. Any validator with 100,000 SOL behind it can open one, and stakers can overrule how their validator votes.

Solana launches onchain governance and sets entry fee at 100,000 SOL staked

Bitcoin

Dogecoin

Ethereum

Bitcoin climbed back above $60,000 for the first time in over a week after Fed Chair Kevin Warsh said inflation risks had come down. Solana led the majors, up about 16% on the week, while a semiconductor selloff hit Asian markets and dented the AI trade that has pulled capital from crypto all quarter.

Ether, solana, dogecoin in the green after Warsh comments push bitcoin above $60,000

Forward Industries holds more SOL than the next three largest publicly traded Solana treasury companies combined.

Forward Industries jumps 17% after expanding Solana treasury to 7.55 million SOL

“Prediction markets are one of the most powerful applications you can build on a high-performance blockchain,” said Solana Foundation.

Solana-based prediction market app on Phantom wallet launches

Shares in top Solana treasury firm Forward Industries are jumping Wedesday after announcing that it added over 500,000 SOL to its stash.

Forward Industries Shares Spike as Leading Solana Treasury Adds $38 Million in SOL

World went live on Solana on Wednesday, opening a fully onchain prediction market inside the Phantom wallet. The platform lets users trade on outcomes ranging from bitcoin's short-term price moves to the 2026 FIFA Men's World Cup, without moving funds into a separate app or custodial account.

Prediction Market World Debuts on Solana, Lets Traders Bet on Bitcoin Moves and World Cup Outcomes

The platform is now live within the Phantom wallet and at world.xyz, utilizing Chainlink as its primary oracle infrastructure for market data.

Mysterious Solana project World unveiled as fully onchain prediction market

A closely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH) rival. Pseudonymous trader Cheds tells his 375,200 followers on X that Solana (SOL) is primed for a massive breakout as it rallies towards a key level.

Crypto Strategist Details Bullish Scenario for Solana, Says SOL In ‘Absolutely Massive Spot' – Here's His Outlook

Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell bitcoin added to the caution.

Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market

Aave

Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.

Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000

Sol Strategies (STKE) climbed as much as 22% to a high of $1.20 on Friday, outpacing other crypto treasury stocks.

Solana DAT stocks climb double digits as SOL jumps 9%

Tron

The top five altcoins trade 60% below their all-time highs. What no one knows is whether another altcoin rally will ever return.

What's Next For Altcoins In 2026?

The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.

Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound

South Korea's Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure.

Leading South Korean Bank Toss Taps Solana to Test Cross-Border Remittances for 15 Million Customers

The peer-to-peer payments firm MoneyGram is joining the Solana (SOL) Network as an active validator. MoneyGram will also join the Solana Developer Platform (SDP), following in the footsteps of Mastercard, Worldpay and Western Union, per a Solana Foundation announcement.

Payments Firm MoneyGram Joins Solana (SOL) Network As Active Validator

Board members Ron Sade and Keren Maimon personally bought about 2.298 million SLMT shares at $4.97, diluting shareholders ~20%.

Solana treasury firm Solmate's largest stakeholder sues board for self-dealing, fiduciary breaches

Moneygram has joined Solana's proof-of- stake network as an active validator, staking SOL and processing transaction blocks on one of the highest-throughput blockchains in operation today. Moneygram Enters Solana's Validator Set The Dallas-based global payments company announced the move on Monday, marking its first direct participation at the protocol level of any public blockchain network.

Moneygram Runs Solana Validator Node, Processing Blocks on the Network It Moves Money On

The remittances firm has become a validator on the Solana blockchain, helping process and secure transactions as it expands its stablecoin payments strategy.

MoneyGram joins Solana as validator amid stablecoin payment push

Solana is now the third blockchain where MoneyGram operates an official validator, alongside Tempo and the Midnight Network.

MoneyGram becomes Solana validator, expands blockchain payments strategy

Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts.

A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum

Toss Bank and Solana will work on a proof-of-concept for overseas remittances and payments involving stablecoins.

South Korea's Toss Bank to test blockchain-based financial infrastructure on Solana

Morgan Stanley has filed fresh amendments for its proposed ethereum and solana ETFs, revealing 0.14% sponsor fees for both funds. The filings also show plans to stake part of the assets through Figment, Galaxy, and Coinbase Canada.

Morgan Stanley Sets 0.14% Fee on Amended Ethereum and Solana ETFs Filing

The disclosure of additional amendments typically reflects active communication with the SEC and progress in the launch process.

Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market

Kraken launches onchain DEX trading to give customers access to thousands of tokens across the Solana ecosystem.

News for Solana Crypto (SOL)