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

The firm now holds over 2 million SOL tokens, in line with other Solana DATs like Helius, DeFi Development Corp., and Upexi.

Solana treasury company Sharps Technology taps Coinbase for custody, liquidity, and OTC trading support

Bitcoin

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

The Daily: BlackRock's 800,000 BTC haul, PayPay's 40% stake in Binance Japan, JPMorgan's modest Solana ETF inflow call, and more

Largely viewed as positive for the Solana ecosystem, more entrants could weaken the overall position of some players.

Solana Foundation's many discounted token deals fuels SOL treasury explosion

Bonk

Solana meme coin treasury company Bonk, Inc., is looking to acquire 5% of the BONK circulating supply by the end of the year.

Bonk Inc: Solana Meme Coin Goes Corporate as Treasury Firm Rebrands

Cardano

Apex Fusion announced the launch of its NEXUS chain integration with Layerzero, enabling connections to more than 145 blockchain networks, including Solana and Ethereum-compatible ecosystems.

Apex Fusion and Layerzero Unite Cardano, Solana, and EVM Ecosystems

JPMorgan analysts say spot Solana ETFs are likely to get approved soon but will see limited inflows compared to Bitcoin or Ethereum ETFs.

JPMorgan says Solana ETFs could see low inflows of around $1.5 billion in first year

Spot solana (SOL) exchange-traded funds (ETFS) are unlikely to draw major investor inflows even if approved this week, according to a Wednesday report from Wall Street bank JPMorgan (JPM).

JPMorgan Sees Modest Inflows for Solana ETFs Despite Likely SEC Approval

XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) are sitting on their final technical supports, with traders warning that one decisive move lower could trigger a cascade of liquidations across the altcoin market. Solana Price Prediction: $219 Support Or Total Breakdown?

XRP, Solana Just Touched Their Last Support Before The Altcoin Abyss

Ethereum

New filings from the two crypto ETF issuers suggest that U.S. crypto funds are moving beyond simple price exposure.

Bitwise and 21Shares Add Staking, Slash Fees in Latest Solana and Ethereum ETF Filings

Crypto index fund manager Bitwise designated a 0.20% fee for its Solana staking exchange-traded in an amended filing on Wednesday.

Bitwise ‘not playing around,' sets 0.20% fee for its Solana staking ETF

Ethena Labs, the team behind the synthetic dollar USDe, has partnered with Jupiter Exchange, a decentralized exchange (DEX) aggregator on Solana, to introduce JupUSD, a new native stablecoin designed for the Jupiter ecosystem.

JupUSD: Ethena and Jupiter Team up to Expand Solana's Stablecoin Market

Solana DEX and DeFi protocol Jupiter is expanding its feature set with the launch of its own stablecoin, JupUSD, on Solana.

Solana DeFi Exchange Jupiter to Launch Native Stablecoin

Solana-based decentralized exchange Jupiter is rolling out its own stablecoin, JupUSD, by the end of the year.

Solana's Jupiter to Develop JupUSD Stablecoin With Backing From Ethena Labs

As part of the arrangement, Jupiter plans to “progressively convert” about $750 million of USDC from its Liquidity Provider Pool into JupUSD.

Ethena and Jupiter partner to launch native Solana stablecoin JupUSD

Today, October, 8, 2025, Solana is trading at $222. SOL price analysis by Coinidol.com.

Solana's Rising Trend Halts At $240

Forward Industries (FORD) unveiled a validator node on the Solana blockchain, delegating its entire stash of 6.8 million SOL ($1.5 billion) to it.

Forward Industries Unveils Solana Validator, Delegates Entire $1.5B SOL Stash to It

Bitcoin is holding around $122,000 in Wednesday's Asian hours after setting a record high at $126,200 earlier this week, with some market watchers still expecting a surge to a record $140,000 later this month.

Bitcoin to $140K by Month End? Bullish Hopes Remain Even as Tuesday Drop Sends ETH, XRP, SOL Down 5%

A company trading on the Nasdaq under the ticker HSDT has significantly increased its holdings of Solana's SOL token as part of its corporate treasury strategy. Formerly known as Helius Medical Technologies, the firm now operates as Solana Company.

Solana Company Emerges as Major Corporate Holder of SOL Tokens

Smart money flows into SOL as Solana beats the competition with $222 million in revenue in Q3.

Solana News: Highest Q3 Revenue, Institutions Accumulate SOL

Solana's network continues to show unexpected resilience, according to new research from Matt Mena, a crypto research strategist at 21Shares.

Solana's $2.85B Revenue Rivals Palantir, Robinhood Amid Waning Memecoin Craze

MIT's Médard says decentralization isn't an ideology as large systems fail under central control, and new Ethereum tests prove it in code.

Top MIT Researcher Shows Decentralization Could Speed Up Ethereum, Solana

Grayscale is introducing staking for its Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) offerings, including the Grayscale Ethereum Trust ETF (NYSE:ETHE), the Grayscale Ethereum Mini Trust ETF (NYSE:ETH), and the Grayscale Solana Trust (NYSE:GSOL). What Happened: As reported on Monday by former Fox Business journalist Eleanor Terrett, the news comes after the SEC approved generic listing standards for crypto ETPs and clarified that staking activities do not violate securities laws.

Grayscale Launches Wall Street's First Ethereum, Solana Staking ETFs

One Nasdaq-listed company is betting its future on Solana (CRYPTO: SOL), having amassed a $530 million treasury that echoes Michael Saylor's bold Strategy playbook. Wall Street Executives Push Bold Crypto Pivot Solana Company, formerly Helius Medical Technologies (NASDAQ:HSDT), reported on Monday that its September accumulation had brought Solana holdings to more than 2.2 million tokens.

HSDT Follows Michael Saylor's Playbook With $530M Solana Bet—Is This The Next MSTR?

Solana (CRYPTO: SOL) is up over 2% on Monday, with an AI-based forecast highlighting a decisive breakout test around the $240 resistance zone. AI Forecast Signals Key Test The AI was asked to provide a short-term analysis for Solana and returned $227 as the key support and $240–$242 as the immediate resistance zone.

ChatGPT Says Solana's $240 Test Could Decide Its Entire Bull Run

Grayscale Investments launches staking for its ethereum and solana products, making ETHE and ETH the first U.S.-listed spot crypto exchange traded products with staking access.

News for Solana Crypto (SOL)