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.

Markets

Solana Surges as Galaxy Scoops Up Over $700M Tokens From Exchanges

The maneuver could be linked to digital asset treasury firm Forward Industries, which raised $1.65 billion to accumulate SOL with Galaxy's backing.

By Krisztian SandorSep 12, 2025

Markets

Crypto Bull Market Still Has Room to Run, Coinbase Says

A mix of strong liquidity, a benign macro backdrop and supportive regulatory signals could keep the crypto market rally alive in the fourth quarter, the report said.

By Will Canny, AI BoostSep 11, 2025

Finance

Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

With the funding, the Nasdaq-listed firm aims to be the largest public corporate owner of Solana's SOL.

By Krisztian Sandor, AI BoostSep 11, 2025

Markets

Crypto Institutional Adoption Appears to Be in the Early Phases: JPMorgan

Institutions hold about 25% of bitcoin ETPs, and according to one survey, 85% of firms already allocate to digital assets or plan to in 2025.

By Will Canny, AI BoostSep 10, 2025

OLD MEETS NEW: INX's security token will run on the Ethereum blockchain, but it's hired a European investment bank to act as lead underwriter.

Markets

‘The Ingredients Are All There’: Solana May Be Set to Soar, Says Bitwise

With ETF filings, major treasury buys, and a lightning-fast upgrade coming, Solana is drawing comparisons to early bitcoin, says Bitwise CIO Matt Hougan.

By Helene Braun, AI BoostSep 10, 2025

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Markets

Bitcoin Retakes $112K, SOL Hits 7-Month High as Economists Downplay Recession Fears

Major tokens rose as experts downplayed fears of stagflation and recession triggered by downward revision of U.S. jobs.

By Omkar Godbole, AI BoostSep 10, 2025

Rising candle chart on monitor screen (Jakub Żerdzicki/Unsplash)

Finance

Forward Industries Raises $1.65B to Launch Solana Treasury, Shares Surge 128% Pre-Market

The design firm turned digital-asset player secured backing from Galaxy Digital, Jump Crypto, and Multicoin Capital in what it calls the largest Solana-focused treasury financing to date.

By Oliver KnightSep 8, 2025