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

Solana Has Fallen 20% This Week as FTX Jitters Linger

Solana (SOL) has fallen in the past 24 hours, despite most cryptocurrencies trading flat on Thursday. SOL's links to disgraced FTX founder Sam Bankman-Fried, who faces charges of fraud and misappropriation of client funds, could be adding to the recent selling pressure. "The Hash" panel discusses what this means for the outlook for the Solana ecosystem.

29 dic 2022

Mercados

Tokens de solana siguen cayendo mientras las principales criptomonedas se mantienen estables

Solana (SOL) bajó alrededor de 8% en las últimas 24 horas y se sumó al descenso de 20% registrado la semana pasada.

Por Shaurya Malwa29 dic 2022

Mercados

Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat

SOL has dropped nearly 8% in the past 24 hours, adding to a 20% slide over the past week.

Por Shaurya Malwa29 dic 2022

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Opinión

Why Solana Was Decimated by Bankman-Fried’s Downfall

The blockchain heavily tied to the disgraced founder of FTX has been badly wounded by his unmasking. Here are the headwinds facing the formerly hot project and its SOL token.

Por David Z. Morris28 dic 2022

Vídeos

Solana’s Top NFT Projects Move to Ethereum, Polygon

DeGods and Y00ts, two of the top Solana non-fungible token (NFT) projects, confirmed to be leaving the Solana network for Ethereum and Polygon after months of speculation. "The Hash" panel discusses the migration and the implications for the blockchain ecosystem at large.

27 dic 2022