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

Nasdaq-Listed Upexi Secures $500M Equity Line to Expand Solana Treasury Holdings

Upexi adds $500 million in flexible capital through a new equity line agreement, giving it more firepower to scale its SOL holdings and staking strategy.

By Siamak Masnavi, CD AnalyticsJul 28, 2025

SOL price chart showing 24H decline to $187.35

Markets

Bitcoin Seeing Severe Exhaustion of Bullish Momentum

BTC's positive dealer gamma at $120K is likely adding to consolidation, with key charts indicating severe uptrend exhaustion.

By Omkar Godbole, AI BoostJul 28, 2025

XRP prone to profit taking. (shutterstock_248427865)

Markets

XRP, DOGE, SOL Lead Crypto Selloff, But Altcoin Season Still in Play if This Happens

Bitcoin's dominance lost a key level, and confirmation could ignite a broader altcoin season, a Coinbase analyst noted.

By Krisztian SandorJul 25, 2025

Tech

Solana Players Unveil ‘Internet Capital Markets’ Roadmap

The roadmap was coauthored from key leaders of the Solana ecosystem and centers on ‘Application-Controlled Execution’

By Margaux Nijkerk, AI BoostJul 24, 2025

Markets

XRP Price Crashes 10%; Focus on Bitcoin-Yen's 'Descending Triangle' as Fed Rate Cut Bets Rise

Traders are ramping up expectations for Fed rate cuts in 2026, which supports the bull case in BTC; however, the bond yield differential suggests JPY strength ahead.

By Omkar Godbole, AI BoostJul 24, 2025

Markets

Solana Eyes 66% Block Size Bump With New Developer Proposal as Network Demand Grows

The new proposal, SIMD-0286, suggests raising the per-block compute limit from 60 million to 100 million compute units.

By Shaurya MalwaJul 24, 2025

Markets

BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices

Thursday's drop in major tokens is likely led by the unwinding of leveraged bullish positions rather than new bearish plays.

By Omkar GodboleJul 24, 2025

A wallet containting banknotes being squeezed by a vice. (stevepb/Pixabay)

Finance

'Prince of Darkness' Ozzy Osbourne's Death Sparks Wave of Rug-Pulls on Solana

Ozzy Osbourne’s death on Tuesday has sparked a wave of scam tokens on Solana, as bad actors exploit the heavy metal icon’s legacy for quick cash grabs.

By Oliver KnightJul 23, 2025