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.

Відео

Is Solana Better Than Ethereum?

Australia-based blockchain company Power Ledger is migrating to Solana from Ethereum in search of higher speed and scalability. "The Hash" hosts discuss Solana as a rising protocol looking to take on Ethereum's dominance in the DeFi space. "Ethereum's very likely to be the winner here," host Adam B. Levine said, despite Solana's advantage over transaction speed.

12 лип. 2021 р.

Ринки

Power Ledger to Move to Solana From Ethereum

The firm cited higher speed and scalability as motivations for the shift.

Автор Jamie Crawley12 лип. 2021 р.

Технології

CryptoKickers Is Bringing NFT Sneakers to the Hypebeasts of the Metaverse

Sole Selector lets users design and mint their own sneaker NFTs on the Solana blockchain.

Автор Cheyenne Ligon6 лип. 2021 р.

Ринки

Solrise Finance Raises $3.4M for Non-Custodial Protocol on Solana

Solrise said the capital will be used to make the DeFi ecosystem more accessible to wider investor audiences.

Автор Tanzeel Akhtar6 лип. 2021 р.

Фінанси

21Shares Launching World’s First Solana ETP on SIX Swiss Exchange

The exchange-traded product will track the performance of Solana’s native SOL token.

Автор Tanzeel Akhtar25 черв. 2021 р.

The exterior of the SIX Swiss Exchange AG in Zurich, Switzerland.

Фінанси

Solana-Based Pyth Network Adds Institutional Crypto Exchange LMAX as Data Provider

LMAX will provide foreign exchange and crypto trading data.

Автор Ian Allison22 черв. 2021 р.

Фінанси

Solana Foundation Leads $3M Investment in Blockchain Data Platform PARSIQ

Evan Cheng, the director of research at Facebook’s Novi Financial, is also joining the project as an adviser.

Автор Edward Oosterbaan16 черв. 2021 р.

Ринки

Step Finance to Aggregate Solana’s Decentralized Exchanges Onto Dashboard

The Solana ecosystem is backed heavily by Sam Bankman-Fried, and has been pitched as a faster, cheaper alternative to Ethereum.

Автор Tanzeel Akhtar16 черв. 2021 р.

Фінанси

Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’

Oxygen will enter its beta stage in the next two to three months, co-founder Alex Grebnev said.

Автор Ian Allison10 черв. 2021 р.

Відео

Solana Labs Raises $314M in Token Sale Led by A16z, Polychain

Solana Labs has raised $314 million from top crypto venture firms, including Andreessen Horowitz and Polychain Capital. One of the most significant token sales in recent memory, it supercharges plans to build an expansive decentralized finance (DeFi) ecosystem on the Solana blockchain. Is Solana becoming a leading contender as the “ethereum killer?”

9 черв. 2021 р.