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.

Finanza

Neon Labs Raises $40M to Bring EVM Functionality to Solana

The Ethereum-compatible environment could lead to implementations of popular DeFi protocols on the blockchain.

Di Andrew Thurman9 nov 2021

Neon Labs Director Marina Guryeva (right) speaks at the Breakpoint conference in Lisbon, Portugal. (Danny Nelson/CoinDesk)

Finanza

Reddit Co-Founder, Solana Ventures Launch $100M Initiative for Web 3 Social Media

Alexis Ohanian’s Seven Seven Six thinks Solana can support social at scale.

Di Zack Seward9 nov 2021

Mercati

Crypto Fund Inflows YTD Significantly Higher Than Last Year

Total assets under management have also reached an all-time high of $80 billion.

Di Helene Braun8 nov 2021

Mercati

El predominio de bitcoin se debilita mientras monedas alternativas se recuperan

Tanto SOL, token de Solana, como ether alcanzaron máximos históricos durante la semana; bitcoin, por su parte, apenas varió.

Di Lyllah Ledesma5 nov 2021

Mercati

Bitcoin Dominance Weakens as Altcoins Rally

Solana’s SOL and ether both hit record highs during the week, while bitcoin was little changed.

Di Lyllah Ledesma5 nov 2021

Video

FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming

FTX, Lightspeed Venture Partners, and Solana Ventures are investing $100 million in Web 3 gaming development. The funding will go towards gaming studios and technology integrating the Solana blockchain into video games on desktop and mobile platforms. The Hash" group discusses the implications for the initiative, one of the largest capital investments ever in the growing Web 3 gaming space.

5 nov 2021

Video

Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Bitcoin and ether were little changed over the past 24 hours. Yet, digital currencies associated with Solana and Polkadot, both alternatives to the Ethereum blockchain, were outperforming along with gaming tokens like Axie Infinity’s AXS. "The Hash" team discusses the rise of altcoins and wider crypto markets outlook.

4 nov 2021

Mercati