Solana

Solana is an open source project implementing a new, high-performance, permissionless blockchain. Solana is a general purpose blockchain similar to Ethereum. End user applications as of now include decentralized finance (DeFi), non-fungible tokens (NFT), marketplaces, games, and more. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Solana co-founder Anatoly Yakovenko published a whitepaper describing Proof of History, a technique that would become critical to Solana's blockchain infrastructure, in Nov. 2017. 

Co-founder Greg Fitzgerald, who had worked with Yakovenko at Qualcomm, began prototyping the open source implementation of the whitepaper. It was published under the name Silk in 2018. 

After starting the company under the name Loom, Yakovenko, Fitzgerald, and other co-founders rebranded to Solana. Solana launched on Mainnet Beta in March 2020.

Solana was built to facilitate the development of scalable, user-friendly decentralized apps with low costs and high speeds for transactions.

Solana believes its unique blockchain architecture that combines the proof-of-stake consensus mechanism and its own proof of history mechanism is the key to achieving these goals.

Proof of history works almost like a cryptographic timestamp that proves that an event has occurred at a specific time. It enables the blockchain to work fast while maintaining security and decentralization.

There are about 304 million SOL in circulation as of November 2021. Solana has an initial inflation rate of 8%, which will decrease by 15% a year until it reaches a long-term inflation rate of 1.5%. SOL is Solana’s native token.

Solana competes with other blockchain platforms such as Ethereum and Avalanche to host crypto projects such as NFTs, decentralized exchanges, and gaming. 

Developers and users flocked from Ethereum to Solana due to high transaction costs, but many could gravitate back towards Ethereum if it manages to lower costs, which could happen as a result of the Ethereum 2.0 upgrade and layer 2 rollups. 

Solana.com
Docs.solana.com/history
Forums.solana.com

Solana's SOL rallied above $239 on Friday, extending its sharp September gains, as Galaxy Digital CEO Mike Novogratz described the blockchain as “tailor-made” for global financial markets and analyst Ali Martinez charted a potential path to $1,314.

SOL Rallies as Novogratz Calls Solana ‘Tailor-Made' for Financial Markets, Analyst Sees $1,314 Target

Solana (SOL) ripped higher on Friday, hitting its strongest price since January as digital asset treasury demand could be taking shape.

Solana Surges as Galaxy Scoops Up Over $700M Tokens From Exchanges

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk 20 Performance Update: Solana (SOL) Jumps 5.5% as Index Moves Higher

The latest transfer follows the familiar monthly schedule that has characterized FTX and Alameda's asset liquidation process.

FTX estate redeems $45 million worth of Solana from staking: on-chain data

Galaxy CEO Mike Novogratz recently said 'Solana Season' is coming, citing momentum from corporate accumulation and regulatory developments.

Galaxy Digital adds $530 million in SOL as ‘Solana Season' narrative gains traction

Bit Mining added 17,221 solana ( SOL) to its treasury as part of an ongoing strategy focused on the Solana network. Bit Mining Adds 17,221 SOL, Keeps Validators Running on Solana The Akron, Ohio-based company said the purchase lifts its holdings to 44,412 SOL, valued at $9.

Bit Mining Acquires More Solana, Lifts SOL Treasury to 44,412 Tokens

Galaxy CEO Mike Novogratz called this the “season of SOL,” saying Solana is fast and tailor-made to be the blockchain for financial markets.

Galaxy's Novogratz calls it the ‘season of SOL', says Solana is tailor made for financial markets

Bitcoin

Ethereum

The Chinese company's stock at one point was over 180% higher on the day.

Fashion Company Mogu Shares Soar on Bitcoin, Ethereum, Solana Buying Plan

Solana's native token is trading around $226, up 1.2% on Thursday, and edging closer to its all-time high above $293 per SOL.

Solana treasury firm BIT Mining nearly doubles holdings as Upexi reports 126% increase in ‘adjusted SOL per share'

Solana (CRYPTO: SOL) is up 8% over the past week, buoyed by news that more companies are looking to accumulate SOL as a treasury asset. Forward Industries (NASDAQ:FORD) on Thursday announced the completion of a $1.65 billion private placement to advance its Solana-focused treasury strategy.

Forward Industries Surges 12% Premarket On $1.65B Raise To Fund Solana Treasury Strategy

This crypto cycle is all about flows, and now SOL has them in spades. Plus crypto majors rally after a soft PPI print as the CPI looms.

Morning Minute: Solana's New Path to ATH

Nasdaq-listed Forward Industries (FORD) said Thursday it has closed the $1.65 billion private investment in public equity (PIPE) deal to build out corporate crypto treasury centered on Solana (SOL).

Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

Solana (CRYPTO: SOL) was trading higher late Wednesday amid expectations of an "epic" end-of-year run for the sixth-largest cryptocurrency. Solana Beats Bitcoin, Ethereum In Weekly Returns SOL ran up to $225 earlier in the day, extending a rally that has pushed it to levels not seen in more than seven months.

Solana Leaves Bitcoin, Ethereum Behind As Coin Hits 7-Month High — Crypto Analyst Forecasts 'Epic' Year-End Rally

The SEC pushed off whether to allow staking for the iShares Ethereum ETF, and on proposed Franklin Templeton funds tracking Solana and XRP.

SEC Punts on BlackRock Ethereum ETF Staking, Franklin XRP and Solana Fund Decisions

Bitwise Chief Investment Officer Matt Hougan says a “ Solana season” is forming, hinging on pending spot exchange-traded fund (ETF) approvals and corporate treasury demand that he argues could tighten supply and lift prices.

Bitwise CIO Flags Oct. 10 SEC Date as Potential Solana Season Catalyst

SEC Chairman Paul Atkins has been vocal in his support of digital assets but his agency continues to punt on many ETFs.

SEC delays decisions on staking for Ethereum ETFs, along with XRP and SOL funds

Bonk

According to a prominent millionaire meme coin trader, the recent bounce in meme coins is just the beginning as an "explosive parabolic move is yet to come." What Happened: Trader Unipcs shared an update on his Fartcoin (CRYPTO: FARTCOIN) position.

Millionaire Trader Snubs Dogecoin, Shiba Inu But Predicts 'Explosive Parabolic Move' For Meme Coins

Solana is up 25% in the last month, and may be poised for a strong end to the year as firms accumulate and ETF decisions loom.

Solana Hits 7-Month High Price as Bitwise Exec Foresees 'Epic End-of-Year Run'

Dogecoin

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Dogecoin's ETF debut, ‘Solana season' brewing, Ethereum validator exits, and more

Solana has been a recent outperformer among major cryptos — ahead 24% over the past month — but that could just be precursor to an epic end of year run, writes Bitwise CIO Matt Hougan.

‘The Ingredients Are All There': Solana May Be Set to Soar, Says Bitwise

Scaled for size, a relatively small amount of flows into Solana could significantly impact prices in the months ahead, Matt Hougan said.

Bitwise CIO sees ‘Solana season' brewing on ETF approvals and corporate treasury buys

ApeCoin

Apecoin, the governance token associated with the Bored Ape Yacht Club non-fungible token (NFT) project, has officially expanded to the Solana blockchain, with the APE token synchronization completed on September 9, 2025. This move is part of the Rapid Apecoin Integration Deployment (R.A.I.

Apecoin Expands to Solana: Boosting Multi-Chain Growth Through DeFi Partnerships

Bitcoin (BTC) hovered around $111,500 on Monday, keeping a tight range as traders weigh macro catalysts for cues on positioning.

Bitcoin Crosses $112K As Traders Brace for Data Week; Rotation Lifts SOL, DOGE

Asset prices reflected a buoyant mood on Wednesday, with bitcoin reclaiming $112,000 and European stocks rising at the open, as analysts increasingly downplayed fears of stagflation and recession triggered by horrible U.S. jobs data.

BTC Re-takes $112K, SOL hits 7-Month High as Economists Downplay Recession Fears

Cryptocurrencies held steady while stocks hit fresh highs on Wednesday, as a downward revision to jobs data lowered optimism but strengthened expectations for rate cuts. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

News for Solana Crypto (SOL)