Latest news on Solana (SOL), the high-speed blockchain and its native cryptocurrency, covering staking, DeFi, NFTs, memecoins, validators, wallets, network upgrades and the wider crypto market.
Solana is a blockchain designed for fast, low-cost transactions. It uses proof of stake together with a timing method called proof of history, which helps its network order transactions quickly. SOL is the native token. It pays transaction fees and can be staked to help secure the network. Developers build smart contracts and apps on Solana, from decentralised finance (DeFi) to payments, gaming and NFTs.
News about Solana often centres on network upgrades, validator software, congestion and past outages, and how reliable the system is under heavy demand. Memecoins and trading apps have driven bursts of activity. Regulators, exchanges and institutional investors also shape coverage, including debates over whether SOL is a security and the arrival of regulated investment products.
Solana has built an active community of developers, creators and traders. Wallet apps such as Phantom make it easy to hold SOL and collect NFTs. Events and hackathons bring builders together around the world. Critics question decentralisation and hardware demands on validators, while supporters point to speed and low fees.
Solana was conceived in 2017 by Anatoly Yakovenko, a former Qualcomm engineer, with co-founders including Raj Gokal. Solana Labs followed in 2018 and the mainnet launched in 2020. The non-profit Solana Foundation supports the ecosystem. Solana grew as an alternative to Ethereum, joining Bitcoin and other major cryptocurrencies in the market.
Our NewsNow feed gathers the latest Solana and SOL headlines in one place, from network upgrades and staking to DeFi, NFTs, memecoins, partnerships, regulation and crypto market reaction. Follow Solana news as it develops.