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's SOL Bleeds Nearly 20% Since ETF Debut Despite 'Very Solid' Inflows

The weak action happened despite SOL exchange-traded products booking their second strongest weekly inflow on record driven by the new ETFs, CoinShares said.

By Krisztian Sandor, Helene BraunNov 3, 2025

Solana (SOL) price over the past seven days (CoinDesk)

News Analysis

November Could Be the New October for U.S. Crypto ETFs After Shutdown Delays SEC Decisions

After October’s delays caused by the U.S. government shutdown, ETF issuers are finding new ways to bring spot crypto funds to market.

By Helene BraunNov 2, 2025

Markets

Solana Tumbles 8%, Erasing All Year-Over-Year Gains as Spot ETF Debuts Fail to Boost Price

One onchain observer noted a large transaction by Jump Crypto, speculating that the crypto firm might be rotating SOL into BTC, perhaps weighing on sentiment.

By Krisztian SandorOct 30, 2025

Markets

Crypto Asset Manager Bitwise Makes Case for Solana’s Next Big Run

Solana is well-positioned to capture a growing share of the stablecoin and tokenization boom, the investment firm said.

By Will Canny, AI BoostOct 30, 2025

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Markets

Crypto Treasury Activity Still Tepid, but Capital Flows Rebound: B. Riley

The broker sees digital asset treasuries stabilizing as U.S.-China trade progress lifts sentiment.

By Will Canny, AI BoostOct 29, 2025

Markets

Bitwise Says Its Solana Staking ETF (BSOL) Had a 'Big First Day'; GSOL to List on NYSE

A brief slip under $200 drew heavier selling before SOL steadied near $195–$196, as Bitwise touted BSOL’s debut and Grayscale said GSOL will list on NYSE Arca.

By Siamak Masnavi, CD AnalyticsOct 29, 2025

Markets

Solana ETFs Could Draw Over $3B If Bitcoin, Ether ETF Trends Repeat

Three spot ETFs tracking SOL, HBAR and LTC went live under ’33 Act structure on Tuesday.

By Helene BraunOct 28, 2025

Markets

NYSE, Nasdaq List Solana, Hedera, Litecoin Spot Crypto ETFs for Trading This Week

NYSE and Nasdaq move ahead with listings for four new spot crypto ETFs as SEC staff process approvals despite the government shutdown.

By Helene Braun, AI BoostOct 27, 2025

New York Stock Exchange, NYSE (Shutterstock)

Markets

Bitcoin Bid, XRP Retakes 200-Day Average as Fed Rate Cut Looms; 'Mag 7' Earnings, Trump-Xi Summit Eyed

Major cryptocurrencies are trading higher ahead of a busy week featuring key Federal Reserve and Bank of Japan rate decisions alongside earnings reports from influential Mag 7 stocks.

By Omkar GodboleOct 26, 2025