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

Bitcoin, Ether, Solana, XRP Price Analysis: BTC Resistance at $120K?

Bitcoin's bullish momentum may face potential resistance at the $120,000 level.

By Omkar Godbole, AI BoostJul 11, 2025

Markets

What’s Next for Ether, Solana, XRP and Other Majors as Bitcoin Clears $118K

“The BTC breakout marks a regime shift, and we expect altcoin dispersion to rise from here,” one trader said, with several trading desks expecting higher moves in major tokens.

By Shaurya MalwaJul 11, 2025

Markets

Pump.fun Acquires Wallet Tracker Kolscan to Expand Onchain Trading Tools

The integration with Pump.fun could improve existing product features but also lay the groundwork for new trading experiences built around transparency, gamification, and social investing.

By Shaurya MalwaJul 11, 2025

Pump.fun website (Danny Nelson/CoinDesk)

Finance

BIT Mining Surges 250% on Solana Pivot

The company said it wants to "capture emerging opportunities across the broader blockchain" industry and attract investors seeking exposure to Solana

By Jamie CrawleyJul 10, 2025

ASIC Miners (Sandali Handagama/CoinDesk)

Markets

Solana ETFs See $78M Inflows as Interest in Altcoin Investment Products Grows

The newly launched SSK fund leads Solana ETF inflows as investors anticipate a spot ETF approval.

By Helene Braun, AI BoostJul 9, 2025

Tech

Crypto Exchange Bullish Teams Up With Solana for Institutional Stablecoin Push

Bullish and the Solana Foundation will work on institutional-grade financial infrastructure with stablecoins built on Solana to serve as the primary rails for the exchange.

By Margaux Nijkerk, AI BoostJul 9, 2025

Close-up of the head of a statue of a bull (cjweaver13/Pixabay)

Markets

Bitcoin, Ether, Solana, XRP ETFs See Record AUM as Traders Warn of ‘Summer Lull’

Ether-tracked products brought in $226 million, Solana $22 million, and XRP $11 million last week, bringing total ETF assets under management to an all-time high of $188 billion.

By Shaurya MalwaJul 9, 2025

Finance

BioSig, Streamex to Raise $1.1B for Gold Tokenization Initiative on Solana

While a growing number of listed companies are pursuing crypto treasury strategies, BioSig is focusing on gold as a treasury asset combined with Streamex's tokenization plans.

By Krisztian Sandor, AI BoostJul 8, 2025

Tech

Volkswagen ADMT Taps Solana-Based Hivemapper Bee Maps for Driverless Data

The deal highlights the growing adoption of crowdsourced geospatial data as autonomous ride-sharing firms look for more precise, up-to-date mapping infrastructure.

By Margaux NijkerkJul 8, 2025