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

Crypto Exchange Gemini Launches Solana-Themed Credit Card With Auto-Staking Rewards

The new Solana edition of the Gemini Credit Card lets users earn up to 4% back in SOL and auto-stake rewards for extra yield.

By Will Canny, AI BoostOct 20, 2025

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Jumps Past $111K, XRP, SOL, ETH Rally as Japanese Shares Hit Record High

On-chain data offered bullish cues to bitcoin.

By Omkar GodboleOct 20, 2025

Tech

Ethereum-Based Uniswap Adds Solana Support in Win for Tackling DeFi Fragmentation

This could simplify the user experience, removing the need to use complex bridges or switch between different wallets and applications

By Jamie Crawley, AI BoostOct 17, 2025

Markets

Bitcoin Tumbles Below $109K; Tightening Liquidity Key to Crypto's Struggles

The bounce from the recent leverage flush has failed for the moment.

By Omkar Godbole, AI BoostOct 16, 2025

Markets

Andreessen Horowitz’s a16z Invests $50M in Solana Staking Protocol Jito

Jito Foundation will use the funding to grow its validator technology, staking protocol, and developer tools on Solana.

By Helene Braun, AI BoostOct 16, 2025

Andreessen Horowitz in 2014 (Chip Somodevilla/Getty Images)

Markets

ARK Invest Takes 11.5% Stake in a Solana Infrastructure Firm

Ark Invest has reportedly taken a 11.5% Solmate (SLMT) stake while the company said it bought $50 million discounted SOL from Solana Foundation.

By Siamak Masnavi, CD AnalyticsOct 14, 2025

Markets

Cardano and Dogecoin Lead Crypto Rebound Following an 'Emotional' $19B Reset

“ETF inflows remain strong, exchange balances near cycle lows, and the broader narrative is arguably stronger after the washout,” one analyst said.

By Shaurya MalwaOct 13, 2025

Markets

Q4 Crypto Surge? Historical Trends, Fed Shift and ETF Demand Align

With interest rates at a 3-year low and $18 billion in ETF inflows, CoinDesk Indices sees a strong setup for continued gains in BTC and altcoins.

By Helene Braun, AI BoostOct 12, 2025

Markets

BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock

The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply.

By Omkar Godbole, AI BoostOct 11, 2025