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

Solana treasury-focused Upexi files for up to $1 billion capital raise

The company manages a portfolio of consumer brands and holds about 2 million SOL, making it the fourth-largest solana treasury of any public company.

By Francisco Rodrigues, AI BoostDec 23, 2025

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

Tech

Most Influential: The Solana Developers

Solana’s 2025 has proven that its builders and its culture continue to keep its ecosystem in crypto’s cultural zeitgeist.

By Margaux NijkerkDec 19, 2025

Markets

Altcoins plunge as bitcoin's $85,000 test triggers $550 million in liquidations

Solana tumbled below $120 to its weakest price since April, while SUI, DOGE and ADA also fell sharply.

By Krisztian SandorDec 18, 2025

Markets

StraitsX to debut Singapore and U.S. dollar stablecoins on Solana for quick currency exchange

The debut will enable instant swaps between SGD and USD on Solana, facilitating digital forex trading.

By Omkar Godbole, AI BoostDec 16, 2025

Singapore skyline (Mike Enerio/Unsplash, modified by CoinDesk)

Markets

CME Group Expands Crypto Derivatives With Spot-Quoted XRP and Solana Futures

These are CME’s smallest crypto contracts to date, aimed at active participants who prefer to trade in spot market terms without managing contract expiries or rollovers.

By Francisco Rodrigues, AI BoostDec 15, 2025

Price and depth chart on laptop (Austin Distel/Unsplash/Modified by CoinDesk)

Finance

Ondo Finance to Offer Tokenized U.S. Stocks, ETFs on Solana Early Next Year

The platform will enable 24/7 trading of U.S. stocks and exchange-traded funds with near-instant settlement, building on Ondo's existing $365 million in tokenized assets.

By Francisco Rodrigues, AI BoostDec 15, 2025