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.

Finance

Solana-Focused Upexi to Tokenize Shares; Added 56K SOL to Holdings

The Nasdaq-listed firm has tapped Superstate's equity tokenization tool to make its shares available on the blockchain.

By Krisztian Sandor, AI BoostJun 26, 2025

Markets

Bitcoin Nears $108K as Fed Rate Cut Bets Rise; Traders Eye Ether, Solana, Cardano

Bitcoin reclaimed $107,000 as retail and institutional flows return, with Powell’s rate-cut hints and risk-on sentiment lifting crypto markets.

By Shaurya MalwaJun 26, 2025

Markets

Solana Will Lead Tokenization, Hyperliquid the 'Perpification of Everything': Ryan Watkins

SOL briefly jumped above $147 as volume doubled intraday, but the rally stalled below key resistance and has since reversed below the $145 mark.

By Siamak Masnavi, CD AnalyticsJun 25, 2025

SOL holds above $144 before easing to $144.04

Markets

Crypto Trader Sees Bitcoin Hitting $160K by Year-End; ETH, SOL, ADA to Gain on Middle East Truce

Crypto majors recover alongside equities as ceasefire steadies risk sentiment, with analysts citing ETF flows and Fed pivot hopes as upside drivers.

By Shaurya MalwaJun 25, 2025

Markets

SOL Surges 8%, With Its CME Futures Volume Hitting an All-Time High

SOL rallied above $145 with strong intraday volume after CME futures hit an all-time high and buyers responded to improving risk sentiment across crypto markets.

By Siamak Masnavi, CD AnalyticsJun 24, 2025

Solana (SOL) price chart showing 7.63% gain to $145.47 over 24 hours with high-volume rallies and intraday consolidation.

Markets

Ether, Solana, Cardano Spike 7% as Trump Claims to Broker Israel-Iran Ceasefire

Crypto markets bounce back after Trump’s surprise ceasefire announcement cools geopolitical tensions; traders eye altcoin rotation as weekend liquidations subside.

By Shaurya MalwaJun 24, 2025

Markets

Tokenized Shares of Solana Treasury Company Defi Dev Coming to Kraken

The company has claimed the bragging rights of becoming the first U.S.-listed crypto treasury firm with on-chain equity on Backed's xStocks launch with Kraken.

By Krisztian SandorJun 23, 2025

Finance

Fiserv Joins Stablecoin Fray, Teaming Up With Circle, Paxos, PayPal for Launch on Solana

The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.

By Krisztian SandorJun 23, 2025

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

Solana's SOL Falls 8% as Traders Brace for Fallout From a Spike in Oil Price

Solana sank to $128.82 on heavy volume after a sharp sell-off triggered by confirmed U.S. military action against Iran.

By Siamak Masnavi, CD AnalyticsJun 22, 2025

SOL price chart showing 24-hour decline from $140.98 to $127.25, ending at $128.82.

Markets

Solana's SOL Holds $140 Support as Reversal Pattern Gains Strength

SOL dipped 5% before stabilizing at $140, with technical indicators pointing to a potential upside breakout if resistance is cleared.

By Siamak Masnavi, CD AnalyticsJun 21, 2025

Solana (SOL) price movement showing high at $142.91, low at $135.96, and last price at $140.46