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

XRP Hits All-Time High Before Forming Bearish Double Top Pattern, Ether Prints 'Doji'

ETH prints a Doji on the daily chart as XRP teases a double top on intraday charts.

By Omkar Godbole, AI BoostJul 22, 2025

XRP prone to profit taking. (shutterstock_248427865)

Markets

What Are Traders Saying as Solana Reclaims Spotlight? ETH, DOGE, ADA See Profit-Taking

At current prices, ETH remains nearly 25% below its 2021 record high, providing swing traders with a defined target to aim for.

By Shaurya MalwaJul 22, 2025

Profit, Risk and Loss. (Gino Crescoli/Pixabay)

Markets

Solana Breaks $200 as Jito’s BAM Draws Bullish Bets

“Investors were bullish as the development would greatly enhance the efficiency of Solana transactions with more privacy and flexibility across the network,” one analyst said.

By Shaurya MalwaJul 22, 2025

Markets

Solana Takes the Altcoin Rally Baton as ETH, XRP, BTC Stall

The market is transitioning from a Bitcoin-centric phase to an altcoin-led bull market, often called alt season, analysts said.

By Krisztian SandorJul 21, 2025

Solana (SOL) price on July 22 (CoinDesk)

Opinion

The Node: Altcoin Season?

Crypto markets are popping left and right on this glorious Monday. Is it finally time for altcoins to shine?

By Tom CarrerasJul 21, 2025

Altcoins. Credit: Vladimir Vladimirov, Getty Images

Tech

Jito Launches BAM to Reshape Solana’s Blockspace Economy

The Block Assembly Marketplace (BAM) is a new system aimed at improving how blocks are built and how transactions are sequenced on the Solana blockchain.

By Margaux Nijkerk, AI BoostJul 21, 2025

Finance

DeFi Development Nears $200M Solana Treasury

DFDV recently raised $19.2 million to finance its SOL accumulation and has $4.98 billion available under its credit facility.

By Francisco RodriguesJul 21, 2025

Solana portfolio shown on a laptop (Amjith S/Unsplash)

Markets

Solana's SOL Tops $191 After $11M in Shorts Liquidated and Fund Inflows Hit $39M

SOL hit $191 as $11 million in shorts were wiped out and CoinShares reported $39M in weekly inflows, pointing to renewed institutional interest in SOL.

By Siamak Masnavi, CD AnalyticsJul 21, 2025