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

Ross Ulbricht, Edward Snowden, or Julian Assange? Crypto degens gamble on meme coins predicting Trump's pardons.

Who Will Donald Trump Pardon? There Are Solana Meme Coins for That

Solana (SOL) price has recovered from its decline despite being trapped between the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.

Solana Retreats At The $207 Limit

Bubblemaps is set to launch its own crypto token, BMT, to support a new community-driven platform called the Intel Desk.

Bubblemaps To Launch BMT Token on Solana for New Crypto Investigations Platform

Dogecoin

XRP is now less than 10% away from an all-time high as Bitcoin hovers around $100,000 and Solana and Dogecoin hit weekly price peaks.

XRP Blasts Above $3 for First Time Since 2018 as Dogecoin, Solana Hit Weekly Highs

Users of Solana decentralized exchange Jupiter can check to see if they're eligible for a share of the next "Jupuary" airdrop.

Solana DeFi Exchange Jupiter Launches Rewards Checker Ahead of $575 Million Airdrop

With approximately 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity.

Switchboard to become first Solana oracle network to go live on Jito's growing restaking platform

Expected Solana and XRP ETFs could attract sizable investment, JP Morgan analysts said, but it's unlikely they'll match the Bitcoin boom.

Solana and XRP ETFs Could Attract Billions, But Will Fall Short of Bitcoin: JP Morgan

Issuers like VanEck, 21Shares, Bitwise, WisdomTree and Canary Capital are all seeking to launch new altcoin ETFs later this year.

JPMorgan says XRP, Solana ETFs could bring in $13.6 billion in first year, if approved

JPMorgan Chase expects that potential Solana (SOL) and XRP exchange-traded funds (ETFs) could see multi-billion dollar inflows. VanEck's head of digital asset research Matthew Sigel reports on the social media platform X that JPMorgan says SOL and XRP ETFs could attract up to $16 billion in total.

JPMorgan Chase Predicts XRP, Solana ETFs Will Attract up to $8,000,000,000 Each: Report

The token will be used to support a new community-driven crypto investigations platform called the Intel Desk.

Bubblemaps to Launch New Token on Solana

Bubblemaps will launch its Solana token this month with an investigation platform coming soon.

Analytics Firm Bubblemaps Announce Solana Token and Investigation Platform

Banking giant JPMorgan forecasts significant investments in Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) exchange-traded funds (ETFs) if they receive approval. The report, shared on Jan. 13, suggests these ETFs could outperform Ethereum (CRYPTO: ETH) ETFs in their initial six months.

Solana, XRP ETFs Could Outperform Ethereum ETFs, Says JPMorgan

Litecoin

A hacker briefly gained access to Litecoin's X social media account to fraudulently promote that LTC is now available on the popular smart contract platform Solana (SOL).

Scammer Briefly Hacks Litecoin's X Account, Promotes Fake LTC Coins Based on Solana (SOL)

A Pump.fun competitor launched a token and admitted to dumping on investors, claiming to profit $800,000.

Pumpkin 'Rugs' Its Own Token After Threatening Solana Meme Coin Launchpad Pump.fun With a Lawsuit

Bitcoin

Ethereum

Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed's Hawkish Outlook Coinshares' weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $48 million last week.

Coinshares: Modest Net Inflows for Digital Assets With Gains for BTC, XRP, SOL and Losses for ETH

The Helio platform has handled over $1.5 billion in transactions and is integrated with popular digital platforms like Discord.

MoonPay acquires ‘premiere' Solana payment firm Helio in $175 million deal

Interest rate fears appeared to impact financial markets Monday morning, with Bitcoin falling to $90K and other coins plunging harder.

Bitcoin Hits Lowest Price Since November as Dogecoin, XRP and Solana Fall

Cryptocurrency price analysis brought by Coinidol.com. The price of Solana (SOL) has fallen below the moving average lines.

Solana Continues Its Slide And Approaches The Low Of $175 Again

The cryptocurrency market faced a significant downturn in early January 2025, with several leading coins experiencing sharp declines.

Dogecoin Loses All of Its 2025 Gains as Bitcoin and Solana Experience Significant Declines

Sol Strategies (ticker HODL) is raising CAD $27.5 million to buy more SOL tokens and invest further in Solana staking infrastructure.

Sol Strategies is raising $20 million via debt financing from ParaFi Capital to expand Solana staking operations

The crypto market bloodshed accelerated into Thursday, with Dogecoin marking a 21% dip in two days as Bitcoin and others sank further.

Dogecoin Gives Up All of Its 2025 Gains as Bitcoin, Solana Keep Falling

A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months.

Ethereum Rival Solana To Surge Much Higher in the Coming Weeks and Months, Says Trader – But There's a Catch

Fidelity Digital Assets says Ethereum's strong fundamentals give it an edge over Solana from a long-term perspective.

Fidelity sees Solana as a ‘notable contender' but backs Ethereum's stronger fundamentals

Solana (SOL) is poised for potential growth in 2025, driven by increasing retail investor interest and the anticipated approval of a U.S.-based spot Solana exchange-traded fund (ETF).

Solana Set for Growth as U.S. ETF Prospects and Retail Interest Surge: Analyst Insights

The upgrade from Jump Crypto could drastically boost transaction throughput, helping Solana support legacy financial markets.

News for Solana Crypto (SOL)