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

Hxro Begins Testing Crypto Derivatives Trading Platform on Solana

Trading will be restricted to dummy collateral as the developers stress test their network.

Di Danny Nelson1 lug 2022

Hxro's institutional backers are also participants in the network. (Dan Gunsberg)

Finanza

STEPN’s DEX Surpasses Orca to Become Largest Decentralized Exchange on Solana

The anonymous founder of the Solend protocol has expressed interest in integrating STEPN’s tokens into its lending platform.

Di Cam Thompson30 giu 2022

STEPN’s DEX surpasses Orca. (Danny Nelson/CoinDesk)

Finanza

Nansen to Track Solana NFT Data Amid Boom in Minting, Trading Activity

The platform’s data comes from the ecosystem’s two most popular marketplaces, Magic Eden and OpenSea.

Di Eli Tan30 giu 2022

Layer 2

‘I Don't Follow Trends’: Multicoin’s Kyle Samani on How to Make It in Crypto

The Multicoin Capital founder says to zig when everyone zags, during CoinDesk’s “Future of Work Week.”

Di Xinyi Luo29 giu 2022

Finanza

Solana’s Macalinao Brothers Double Down on Crypto Venture Fund

Crypto VCs told CoinDesk that building projects and investing in them is a tricky mix.

Di Danny Nelson27 giu 2022

Ian Macalinao is one half of the Saber brothers. (Danny Nelson/CoinDesk)

Finanza

Solana’s Biggest DeFi Lender Almost Got Rekt. Then Binance Stepped In

Solend’s whale crisis rattled depositors and threatened to crash Solana. Can the lending protocol recover?

Di Danny Nelson27 giu 2022

(State Library of New South Wales/Wikimedia Commons)

Podcast

Can a Solana Phone Beat the Bear?

Di Nathaniel Whittemore24 giu 2022

Video

Solana Labs Is Building a Web3 Mobile Phone

The Solana network has unveiled its own mobile phone called “Saga,” an Android Web3-focused smartphone available for delivery in early 2023 for around $1,000. "The Hash" panel discusses Solana's latest strategy and why it's a continuing story to watch.

24 giu 2022

Video

NFT Marketplace Magic Eden’s $1.6B Valuation, Partnership With Solana’s Web3 Phone ‘Saga’

Magic Eden, the leading non-fungible token (NFT) marketplace on Solana, has raised $130 million in a Series B funding round at a $1.6 billion valuation. CEO Jack Lu discusses Magic Eden’s growth plans, user base and partnership with Solana Labs to build the first Web3 mobile phone. Plus, addressing concerns over Solana’s network outages.

24 giu 2022