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.

Vídeos

FTX.US President on Bitcoin, Altcoins, Crypto Regulations

Brett Harrison, president of crypto exchange FTX.US, the American arm of Sam Bankman Fried’s crypto empire FTX, joins “All About Bitcoin” live from the 2021 SALT Conference in New York to discuss what to make of large sums of bitcoin flows moving on his platform.

14 sept 2021

Vídeos

Solana Labs CEO Anatoly Yakovenko on SOL Dominance in Altcoin Markets

As the Solana blockchain continues to make waves in the crypto markets, Solana Labs CEO Anatoly Yakovenko discusses the drivers behind Solana’s emerging dominance in the blockchain space, digging into the potential weaknesses of Ethereum. Plus, insights into Solana’s use cases including NFTs and the outlook for its native token SOL.

14 sept 2021

Mercados

Market Wrap: Bitcoin Whipsaws on Fake News, Investors Flow Into Solana Funds

Bitcoin traded in a choppy range on a fake press release about a Walmart partnership with Litecoin.

Por Damanick Dantes13 sept 2021

Mercados

Solana Funds Outshined Bitcoin Last Week Amid Down Market

Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.

Por Lyllah Ledesma13 sept 2021

CoinShares report shows that crypto funds overall netted inflows last week, despite bitcoin's outflows. (CoinShares)

Vídeos

E-CNY Problems to Be Solved, China Sees Warning Over NFT Hype

People’s Bank of China outlines e-CNY problems to be solved. China opinion piece voices warning over NFT hype. Solana competitors on the rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

13 sept 2021

Vídeos

Why is Bitcoin Pulling Back?

Osprey Funds founder and CEO Greg King analyzes the crypto markets and his outlook as bitcoin continues to fade after last week’s sell-off from the $52,000 resistance level, and the upside appears to be limited given signs of slowing momentum.

13 sept 2021

Finanzas