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.

Tech

Solana Set for Major Overhaul After 98% Votes to Approve Historic 'Alpenglow' Upgrade

98.27% of SOL stakers that voted approved the proposal, with only 1.05% voting against and 0.36% abstaining. In total, 52% of the network’s stake participated in the vote.

By Margaux NijkerkSep 2, 2025, 12:19 p.m. ET

A Solana sign at a crypto conference. (Danny Nelson/CoinDesk)

Tech

‘Crypto’s Flash Boys’: A Q&A With Austin Federa on DoubleZero

DoubleZero was first announced in December 2024 as a blockchain layer intended to be faster than the internet. Since then, nearly 12.5% of SOL staked is operating on the DoubleZero testnet.

By Margaux NijkerkAug 30, 2025, 9:00 a.m. ET

CoinDesk Indices

Crypto for Advisors: The Growth of Solana and Ethererum

Bitcoin leads the way, but a new wave of blockchains offers compelling opportunities with applications that are growing and generating revenues.

By Samantha BohbotAug 28, 2025, 11:00 a.m. ET

Markets

If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout signals, treasury demand and new institutional validator activity.

By Siamak Masnavi, AI BoostAug 27, 2025, 1:42 p.m. ET

Cars racing, symbolizing Solana's SOL tolen leading top 20 cryptos by daily USD % gains

Finance

Crypto Exchange Gemini Introduces Ether and Solana Staking for All U.K. Customers

This follows Gemini’s opening of its first permanent office in London, highlighting the company’s effort to expand its presence in the region.

By Will Canny, AI BoostAug 26, 2025, 11:14 a.m. ET

Tyler and Cameron Winklevoss (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Suffers Technical Setback, Loses 100-Day Average as XRP, ETH and SOL Hold Ground

Ether, solana, and XRP maintain relatively stronger positions.

By Omkar Godbole, AI BoostAug 26, 2025, 3:51 a.m. ET

Finance

Crypto Giants Galaxy, Jump and Multicoin Seek $1B to Raise Largest Solana Treasury: Report

Digital asset treasuries have become all the rage recently, with many firms copying the strategy popularized by Michael Saylor's bitcoin (BTC) holding firm Strategy.

By Parikshit MishraAug 25, 2025, 5:00 a.m. ET

Markets

VanEck Aims to Take Solana's Liquid Staking to TradFi Investors Via JitoSOL ETF

The fund would offer exposure to staked Solana via JitoSOL, tracking staking rewards.

By Helene Braun, AI BoostAug 22, 2025, 2:17 p.m. ET

Markets

Insiders Cash In Millions as Ye, Formerly Kanye West, 'Apparently' Issues YZY Token

The apparent celebrity-backed token surged thousands of percent at launch, but on-chain data points to concentrated control, insider trades and a liquidity design that leaves retail investors exposed.

By Shaurya MalwaAug 21, 2025, 3:06 a.m. ET

Kanye West (Edward Berthelot/Getty Images)

Markets

Bitcoin Hovers at $113K; Solana and Dogecoin Lead Gains Ahead of Powell’s Jackson Hole Speech

Crypto markets are treading water as investors wait for Fed Chair Jerome Powell’s Jackson Hole speech, where a hawkish tone could drag bitcoin lower while a dovish pivot may offer relief.

By Shaurya MalwaAug 21, 2025, 1:31 a.m. ET