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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.

Solana News

Markets

Solana outpaces crypto market as Claude Code-linked token frenzy lifts network activity

Network activity has risen, driven by speculation around AI tokens, with active addresses increasing from 14.7 million to 18.9 million in a week.

By CD Analytics, Francisco Rodrigues

"Solana Rallies 2% to $130 Amid RWA Milestone and Institutional Inflows"

Finance

Solana Mobile begins SKR token airdrop to Seeker phone users

The token will play a central role in governance and staking, allowing holders to delegate tokens to help secure and scale the mobile ecosystem.

By Margaux Nijkerk

Solana Mobile's second generation phone Seeker (Solana Mobile)

Markets

Solana falls, rebounds from $145 as crypto market liquidations near $350 million


Despite strong fundamentals including $15 billion in stablecoins and $1 billion in tokenized real-world assets, technical signals suggest growing uncertainty.

By CD Analytics, Francisco Rodrigues

Solana Price Drops 3.6% to $129 Amid $59M Long Liquidation After Resistance Failure

Tech

The Protocol: Vitalik Buterin flags stablecoin design flaws

Also: Zcash token falls after developer quits, Smart Cashtags and BTC quantum computing defense

By Margaux Nijkerk

Vitalik Buterin

Markets

Traders sell ether, solana and XRP rallies; monero tops $640

Analysts suggest macroeconomic conditions and stabilizing prices could support crypto markets in the medium term, with bitcoin potentially reaching $120,000 if sentiment improves.

By Shaurya Malwa

Stylized bull and bear face off

Markets

Solana Accelerate to open Consensus Hong Kong in February

CoinDesk and the Solana Foundation said the developer event will kick off Consensus Hong Kong on Feb. 11, setting the tone for a week focused on builders, capital, and policymakers.

By AI Boost, Sam Reynolds

Consensus Hong Kong

Markets

Solana Mobile sets Jan. 21 launch date for SKR token, confirms airdrop

The team said that 20% of the total supply has been set aside for users and developers eligible to receive tokens.

By Margaux Nijkerk, AI Boost

Solana Mobile's second generation phone Seeker (Solana Mobile)

Markets

Solana memecoin frenzy sends PumpSwap trading volume to record $1.2 billion

Despite high trading volumes, PumpSwap's fee generation remains modest, with $2.98 million in fees recorded on Monday.

By Shaurya Malwa

U.S. dollar (Unsplash, modified by CoinDesk)

Tech

Ethereum and Solana set the stage for 2026’s DeFi reboot

Ethereum saw a surge in institutional adoption and progress on scaling in 2025, while Solana was stress-testing the network and hardening its infrastructure.

By Margaux Nijkerk, AI Boost

Sunset in San Salvador. Credit: Ricky Mejia, Unsplash

Markets

XRP and solana volatility in 2025 was twice as bumpy as bitcoin's

ETFs tied to altcoins need to pull in deeper liquidity to match BTC's chill.

By Omkar Godbole

A turbulent sea. (Ogutier/Pixabay)
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Latest Crypto News

Bank of Japan raises interest rates by 25 basis points. Bitcoin tops $77,000
The yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years.
Positive
Real stocks are finally coming on blockchain. Here’s how the SEC wants it to work
The SEC is giving tokenized stocks a regulated U.S. pathway, while keeping trading volumes, access and issuer rights tightly controlled.
Negative
The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77-year-old Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her brother’s stake in Ondo.
Positive
Kevin O’Leary says Congress will revisit Clarity early next year as crypto tax bill advances
The Shark Tank investor says Congress will face pressure to revive crypto market structure legislation as it moves to establish tax rules for digital assets.

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