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.

Finanza

Solana Heavyweights Wage War Against Private Mempool Operators

Validators found to be facilitating sandwich attacks face stiff penalties.

Di Danny Nelson10 giu 2024

Solana Hacker House in Miami (Danny Nelson/CoinDesk)

Video

How Iggy Azalea's MOTHER Meme Coin Produces Millionaires

Rapper Iggy Azalea's MOTHER token hit another all-time high on Thursday, extending the gains for Solana's latest hot meme coin. Just days after the launch, the MOTHER token has reached a market cap of $200 million, producing millionaires among those who saw the token skyrocketing. CoinDesk's Helene Braun presents "The Chart of the Day."

7 giu 2024

Mercati

GameStop-Inspired Solana Meme Coin Soars Over 80% as Roaring Kitty Flashes $586M Worth of GME Position

Shares of GameStop closed the Thursday session 47% higher as the retail trading icon provided an update of his position and announced a livestream for Friday.

Di Krisztian Sandor6 giu 2024

GameStop sign on GameStop at 6th Avenue on March 23, 2021 in New York. (John Smith/VIEWpress)

Finanza

Iggy Azalea's MOTHER Meme Coin Turned $3K Into $9M for 1 Lucky Crypto Trader

The raunchy rapper's token has spawned fortunes and furor over celebrity cryptocurrencies.

Di Danny Nelson6 giu 2024

TEL AVIV, ISRAEL - JUNE 10: Iggy Azalea performs at the Tel Aviv Pride Parade on June 10, 2022 in Jerusalem, Israel. The annual Pride Parade draws thousands of people from around the world and across Israel. According to a 2019 report it is the largest pride parade on the continent of Asia. (Photo by Alexi Rosenfeld /Getty Images)

Mercati

Ripple's Brad Garlinghouse Foresees XRP, Solana, Cardano ETFs: Consensus 2024

It's only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin.

Di Sam Reynolds30 mag 2024

Brad Garlinghouse, CEO of Ripple, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Finanza

PayPal Makes Retail Stablecoin Play with PYUSD on Solana

The asset comes with Token Extensions that give it compliance superpowers.

Di Danny Nelson29 mag 2024

Tecnologie

Solana Validators to Get More SOL as Fee Proposal Passes in Favor

Over 77% of Solana governance participants voted in favor of giving validators the full priority fee amount per transaction.

Di Shaurya Malwa28 mag 2024

Mercati

SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says

Standard Chartered analyst Geoffrey Kendric said that those exchange-traded funds could be on the horizon in 2025.

Di Helene Braun24 mag 2024

Scrabble letters spelling ETF arranged a rack

Mercati

Ether Market Cap Adds Close to an Entire Solana Blockchain in a Single Day

SOL is often cited as a contender to replace ETH eventually. This week's market action shows how Herculean the task would be.

Di Omkar Godbole22 mag 2024

Finanza

Solana-Based Wallet Phantom Buys Web3 Specialist Bitski

The Bitski team will be joining Phantom to bring embedded wallets to Solana, simplifying the onboarding process for both users and developers, the firms said.

Di Ian Allison21 mag 2024