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.

Finance

Moody’s Ratings Brings Credit Rating to Solana in Real-World Asset Tokenization Trial

Solana’s growing presence in real-world asset tokenization gets a boost as Moody’s tests on-chain credit ratings for municipal bonds.

By Krisztian SandorJun 11, 2025

Markets

Solana's SOL Jumps 5% on Report of Spot ETF Development

The SEC asked prospective ETF issuers to amend key paperwork, Blockworks reported.

By Krisztian SandorJun 10, 2025

Solana price on June 10 (CoinDesk Indices)

Markets

Solana Holds Above $152 as Second Round of US-China Talks Raise Hopes for Market Calm

SOL rebounded from earlier losses as traders watch US-China negotiations in London, where officials aim to resolve tariff tensions and export restrictions.

By Siamak Masnavi, CD AnalyticsJun 9, 2025

Chart showing Solana (SOL) price rising from $148 to $155 before settling near $152 on June 9, 2025

Markets

Solana 's SOL Rebounds as Buyers Step In Above $147

Solana (SOL) climbs back from steep losses as renewed demand lifts price above $151, even as global market tensions continue to stir investor caution.

By CD Analytics, Siamak MasnaviJun 7, 2025

SOL rebounds 3.95% from $147.13 to $152.85 before facing resistance on June 7, 2025

Markets

SOL Recovers to $147 After Flash Crash Shakes Out Weak Hands

Despite heavy selling and an 8% drop, Solana held key support as buyers stepped in at $142, stabilizing price near $147.

By CD Analytics, Siamak MasnaviJun 6, 2025

Solana (SOL) price chart showing recovery to $147.40 after steep decline

Markets

SOL Slips Below $150 as Whale Outflows Weigh on Market Sentiment

Solana (SOL) breached key support after large inflows to exchanges triggered high-volume selling despite continued strength in network usage.

By CD Analytics, Siamak MasnaviJun 5, 2025

Solana price chart showing 24-hour decline from $157.98 to $149.79 with heavy sell-off in afternoon session

Finance

Crypto Lender Maple Finance Expands to Solana With Chainlink

Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity.

By Ian AllisonJun 5, 2025

CoinDesk Indices

Crypto for Advisors: Breaking Down Solana

Despite previous setbacks, Solana has emerged as a leading platform for retail activity, particularly in the fast-growing sectors of meme coins and NFTs.

By Josh OlszewiczJun 5, 2025

Markets

Top Pump.Fun Ecosystem Tokens Tumble Amid Reports of $1B Fundraise

Solana’s hottest memecoins, from FARTCOIN to PNUT, pulled back amid reports that token-factory Pump.fun is lining up a $1 billion raise at a $4 billion fully-diluted valuation.

By Shaurya MalwaJun 4, 2025