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

Hedera

Litecoin

This follows earlier SEC guidance allowing firms to go public by filing an S-1 without a delaying amendment, enabling a launch after 20 days.

Crypto ETFs tracking SOL, HBAR and Litecoin expected to launch this week despite government shutdown

Zcash

Privacy-focused cryptocurrency ZEC$354.99 has recently surged in price, prompting multiple blockchains to integrate the token into their ecosystems.

Restoring Privacy to ZEC on Solana via Encifher

As the Solana ecosystem is preparing for the upgrade to come at the end of this year or in early 2026, Repetny shares how he thinks this shift could expand validator participation and improve decentralization, even as higher hardware demands loom.

Solana's Marinade Labs CEO Eyes Lower Barrier to Entry for Validators After 'Alpenglow' Upgrade

Cardano

Bitcoin

Ethereum

Bitcoin climbed above $113,000 in late Asian hours Sunday, its highest in nearly two weeks, as traders welcomed signs of progress in US–China trade talks that eased fears of another tariff spiral.

Bitcoin Tops $113K, SOL, ADA, ETH Jump as US–China Trade Progress Lifts Risk Appetite

Solana SOL$193.20 traded around $191.95 at 15:45 UTC on Oct. 25, after a push toward $195 faded, with traders watching whether the market can hold the high-$180s and convert $192–$195 into a base.

SOL Now on Fidelity's Retail Platform as Price Tests $195 While $188 Support Draws Focus

The crypto market, starved of fresh economic data due to the prolonged U.S. government shutdown, will finally get a key data point with the release of September's Consumer Price Index (CPI) on Friday.

How Much Could Bitcoin, Ether, XRP and Solana Move After the U.S. Inflation Report?

Hong Kong just turbocharged its crypto ambitions with the greenlight of its first spot solana ETF, setting the stage for explosive institutional inflows, deeper blockchain adoption, and a bold leap forward in Asia's digital asset race.

Hong Kong Approves Solana ETF, Bringing SOL Into Its Regulated Market

A $1.77 trillion asset manager, T. Rowe Price, filed with the SEC for an active crypto ETF, igniting a transformative wave in global investing by harnessing bitcoin, ether, solana, XRP, and more within a regulated digital framework. T.

$1.77 Trillion T. Rowe Price Files for Crypto ETF Targeting BTC, ETH, SOL, XRP Plus More

The company formerly known as Brera Holdings rebranded last month into a Solana-based digital asset treasury.

Solana treasury firm Solmate's stock surges 50% amid plans for validator center and ‘aggressive M&A strategy'

Institutional investors are pouring into CME Group's regulated crypto derivatives markets, setting a series of records across futures and options tied to ether ETH$3,881.80, solana SOL$191.76 and XRP, CME told CoinDesk on Thursday.

Institutions Drive CME Crypto Options to $9B as ETH, SOL, XRP Set Records

Before Oct. 23, only Bitcoin, Ethereum, and Litecoin had buy, sell, and trading support on the Fidelity Crypto platform.

Fidelity Crypto adds Solana support, extending its lineup beyond Bitcoin, Ethereum and Litecoin

Solana prices have recovered above the $173 support level after falling to a low of $164. SOL price analysis by Coinidol.com.

Solana Faces A Fall Below $173

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CoinDesk 20 Performance Update: Solana (SOL) Gains 4.5% as Index Trades Higher

Hyperliquid (CRYPTO: HYPE) jumped 10% to $39.70 on Thursday after Hyperliquid Strategies Inc. filed a Form S-1 with the SEC, seeking to raise up to $1 billion through a 160 million-share public offering that could also fund token purchases linked to its cryptocurrency strategy. IPO Filing Highlights Direct Link To Crypto Strategy According to the SEC filing, the company plans to use a portion of the proceeds to acquire HYPE tokens, directly connecting its equity raise to the digital asset ecosystem it operates in.

Are XRP, SOL Done? HYPE Pumps 10% On $1 Billion Treasury Raise

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are showing renewed strength in the U.S. as financial institutions increasingly embrace crypto, according to a new report. A16zcrypto's State of Crypto 2025 report highlights infrastructure improvements, adoption trends, and the evolving role of digital assets in global finance.

Bitcoin Continues Dominance, But Ethereum, Solana Aren't Far Behind: Report

Even as its shares plunge, Solana Company says market volatility is a chance to prove conviction in its Solana-based treasury model.

Solana Company Ramps Up Staking Push With Institutional Validators as Shares Tumble

The Ethereum whale buy signals institutional interest, analysts said, while a Solana whale dumped $93M, showing a shift in market preference.

Ethereum Whale Scoops Up $32M in ETH as Bitcoin, Solana Whales Cash Out

Bitcoin BTC$110,317.97 traded steadily near $109,000 during Thursday's Asian hours, extending the broad range play since the Oct. 10 crash that wiped out $19 billion in leveraged bets and weakened risk sentiment.

BTC, XRP, SOL, ADA Hold Flat as Google's Quantum Breakthrough Rekindles Old Crypto Fears

The asset manager joins a growing list of traditional finance firms that have proposed digital asset-focused funds.

T. Rowe Price Files for Mixed Crypto ETF With Bitcoin, Ethereum, and Solana Exposure

There are 155 cryptocurrency-based ETP filings tracking 35 different digital assets, according to Bloomberg analysts.

‘Total land rush': Bitcoin, Solana lead the way with over 150 crypto ETF filings awaiting review

Public Solana treasury companies now hold nearly 16 million SOL, with Forward Industries accounting for almost half.

Forward Industries forms crypto advisory board to guide Solana treasury strategy

The new exchange-traded fund marks Hong Kong's latest step to widen crypto access under its highly-regulated market framework.

Hong Kong SFC Clears City's First Spot Solana ETF

Hong Kong's Securities and Futures Commission (SFC) has approved the territory's first solana SOL$184.52 spot exchange-traded fund (ETF), extending its crypto ETF offerings beyond bitcoin BTC$108,314.92 and ether ETH$3,861.85.

Hong Kong's Securities Regulator Approves First Solana ETF

Hong Kong's SFC authorized the ETF on Oct. 17, making it the first of its kind to be authorized for trading in the jurisdiction.

Hong Kong's first spot Solana ETF starts trading on Oct. 27

Analysts say 'Uptober' is canceled as Bitcoin and major altcoins slide amid a highly uncertain and volatile environment.

News for Solana Crypto (SOL)