Solana News

Solana (SOL) was launched in 2020 by Anatoly Yakovenko as a high-performance blockchain designed to support thousands of transactions per second through its innovative Proof of History consensus mechanism combined with Proof of Stake. Built to compete directly with Ethereum, Solana offers developers fast transaction speeds and low fees, making it attractive for DeFi applications, NFT marketplaces, and Web3 gaming platforms.

The Solana ecosystem has rapidly expanded to include major DeFi protocols like Serum and Raydium, popular NFT collections, and gaming projects that leverage the network's speed and cost advantages. Despite experiencing several network outages that raised questions about decentralization and stability, Solana has maintained strong developer activity and institutional backing, with SOL serving as both a utility token for transaction fees and a staking asset for network security.

At CoinDesk, we cover comprehensive Solana news from protocol developments and network performance to the thriving NFT and DeFi ecosystems built on the platform. Our reporting tracks Solana's technical improvements, major partnerships, institutional adoption, and the ongoing efforts to address network reliability concerns while maintaining its competitive edge.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Tech

Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante

The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.

By Margaux Nijkerk4 hours ago

Finance

R3 bets on Solana to bring institutional yield onchain

As DeFi investors seek stable, uncorrelated returns, R3 is building Solana-native structures to bring private credit and trade finance into crypto markets.

By Will Canny, AI BoostJan 24, 2026

Art installation reminiscent of digital ecosystems

Markets

Solana outpaces crypto market as Claude Code-linked token frenzy lifts network activity

Network activity has risen, driven by speculation around AI tokens, with active addresses increasing from 14.7 million to 18.9 million in a week.

By CD Analytics, Francisco RodriguesJan 21, 2026

"Solana Rallies 2% to $130 Amid RWA Milestone and Institutional Inflows"

Finance

Solana Mobile begins SKR token airdrop to Seeker phone users

The token will play a central role in governance and staking, allowing holders to delegate tokens to help secure and scale the mobile ecosystem.

By Margaux NijkerkJan 21, 2026

Solana Mobile's second generation phone Seeker (Solana Mobile)

Markets

Solana falls, rebounds from $145 as crypto market liquidations near $350 million 

Despite strong fundamentals including $15 billion in stablecoins and $1 billion in tokenized real-world assets, technical signals suggest growing uncertainty.

By CD Analytics, Francisco RodriguesJan 20, 2026

Solana Price Drops 3.6% to $129 Amid $59M Long Liquidation After Resistance Failure

Tech

The Protocol: Vitalik Buterin flags stablecoin design flaws

Also: Zcash token falls after developer quits, Smart Cashtags and BTC quantum computing defense

By Margaux NijkerkJan 14, 2026

Markets

Traders sell ether, solana and XRP rallies; monero tops $640

Analysts suggest macroeconomic conditions and stabilizing prices could support crypto markets in the medium term, with bitcoin potentially reaching $120,000 if sentiment improves.

By Shaurya MalwaJan 13, 2026

Markets

Solana Accelerate to open Consensus Hong Kong in February

CoinDesk and the Solana Foundation said the developer event will kick off Consensus Hong Kong on Feb. 11, setting the tone for a week focused on builders, capital, and policymakers.

By AI Boost, Sam ReynoldsJan 8, 2026