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.

Markets

Solana's 18 Month Long Bull Run Against Ether Is Over; XRP Ends Mini-Uptrend

The SOL/ETH ratio signals an end of a prolonged uptrend and ether outperformance ahead.

By Omkar GodboleMay 29, 2025

Screenshot of a candle chart going down. (Maxim Hopman/Unsplash)

Markets

Solana Scores Twin Institutional Wins With $1B Raise and First Public Liquid Staking Strategy

One firm filed to raise $1 billion to expand its SOL holdings while another became the first public company to adopt liquid staking tokens built on the network.

By Shaurya MalwaMay 29, 2025

Tech

The Protocol: Self-spreading Malware Found in Privacy Crypto Dero

Also: Solana On MetaMask, FIFA Taps Avalanche, Square Pilots Real-Time Bitcoin Payments

By Margaux NijkerkMay 28, 2025

Tech

The Solana Network Is Now Live on MetaMask

It's the first time that MetaMask integrates a non-EVM network.

By Tom CarrerasMay 27, 2025

Solana banner in Austin, Texas (Danny Nelson/CoinDesk)

Markets

Solana Could Hit $275 by Year-End, $500 by 2029-End: Standard Chartered

The bank said it expects solana to underperform ether over the next two to three years, in a report initiating coverage of the cryptocurrency.

By Will CannyMay 27, 2025

Markets

Bitcoin Regains $110K After Weekend Sell-Off; ADA, DOGE Lead Uptick in Crypto Majors

Traders eye renewed upside as President Donald Trump delayed a decision on EU tariffs, with sentiment recovering and options positioning turning bullish again.

By Shaurya MalwaMay 26, 2025

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

Solana Plunges 5% as Midnight Sell-Off Signals Institutional Selling

Institutional investors dump SOL during high-volume trading hour, pushing price below critical $172 support level.

By AI BoostMay 25, 2025

SOL 24-hour chart showing price dip below $172 on May 25, 2025

Markets

Swiss watchmaker Franck Muller Unveils Limited Edition Solana Watch

Swiss watchmaker Franck Muller released a 1,111-piece series tied to Solana wallets through on-watch QR codes.

By Francisco RodriguesMay 24, 2025

Screengrab from Franck Muller's website for the Solana watches (Franck Muller)

Markets

Centrifuge Expands Tokenized RWAs to Solana, Starting With $400M Treasury Fund

Solana is gaining momentum in the fast-growing tokenized real-world asset space as traditional finance and DeFi gets increasingly intertwined.

By Krisztian SandorMay 22, 2025

Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)

Finance

Major TradFi Institutions to Pursue Tokenization Efforts on Solana

Tokenization is one of the principal use cases of blockchain technology attracting the attention and investment of the TradFi world

By Jamie CrawleyMay 22, 2025