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.

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Swing Into Meme Coins: 5 Questions With OSF

Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, answers five rapid-fire questions from CoinDesk including his meme coin genesis story, the rising popularity of the Solana ecosystem, and why he participated in the fundraiser to get dogwifhat on the Las Vegas Sphere.

2024년 3월 20일 p.m. 12:42 GMT-4

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Meme Coins Are 'Just a Little Bit Above Gambling,' OSF Says

Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, joins "First Mover" to discuss the fundraiser that aims to send the dogwifhat meme coin to the Las Vegas Sphere, and the recent hype around meme coin pre-sales. Plus, the impact of meme coins on the Solana ecosystem.

2024년 3월 20일 p.m. 12:40 GMT-4

기술

Solana Strained by Meme Coin Mania, But Co-Founder Yakovenko Welcomes the Test

In an exclusive interview with CoinDesk, Solana co-founder Anatoly Yakovenko weighs in on the meme coin frenzy that has brought attention and activity to the blockchain – along with complaints that transactions aren't going through.

작성자 Sam Kessler2024년 3월 20일 p.m. 12:33 GMT-4

Solana co-founder Anatoly Yakovenko (CoinDesk, modified with PhotoMosh)

기술

Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature

The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter, released Wednesday.

작성자 Bradley Keoun2024년 3월 20일 a.m. 8:00 GMT-4

StarkWare CEO Eli Ben-Sasson, speaking at ETHDenver on Thursday. (Danny Nelson)

시장

Solana Leapfrogs Ethereum on DEX Volume

The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.

작성자 Omkar Godbole2024년 3월 20일 a.m. 6:04 GMT-4

Top blockchains by DEX volume. (DefiLlama)

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Standard Chartered Bullish on Bitcoin; SOL Crosses $200 Amid Meme Coin Frenzy

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Standard Chartered raised its year-end forecast for bitcoin's (BTC) price to $150,000 from $100,000. Plus, surge in Solana’s SOL token on the back of the meme coin frenzy. And Kalshi brings betting on crypto to U.S.-based traders?

2024년 3월 18일 a.m. 11:37 GMT-4

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Lure of Quick Money Sees $100M Flow to Solana Meme Coin 'Presales'

The trend was fueled by the success of Book of Meme (BOME), which turned a few hundred dollars into hundreds of thousands in paper gains for early investors.

작성자 Shaurya Malwa2024년 3월 18일 a.m. 8:08 GMT-4