SOLANA
Solana ($SOL) is an open-source blockchain platform designed to facilitate decentralized applications with high scalability. Originating in 2017, it was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland. Solana's protocol introduces a hybrid consensus model, combining proof-of-history (PoH) with the underlying proof-of-stake (PoS) consensus of blockchains. This innovative approach allows Solana to achieve transaction speeds of up to 50,000 transactions per second, a significant leap compared to Ethereum's 15 transactions per second. Solana's energy efficiency is also noteworthy, with each transaction consuming energy equivalent to a few Google searches. The cryptocurrency associated with Solana, SOL, witnessed a remarkable surge in 2021, with its market capitalization reaching over $66 billion at one point. However, by October 3, 2022, its market cap had decreased to approximately $11.71 billion. Solana's unique proof-of-history concept, introduced by co-founder Anatoly Yakovenko in a 2017 white paper, enables the verification of the order and passage of time between events, enhancing the speed and efficiency of the blockchain. As of September 2022, Solana has processed over 100 billion transactions at an average cost of $0.00025 per transaction. Solana's GitHub repository indicates active development, with a focus on scalability, security, and decentralization. The platform's architecture can theoretically handle up to 710,000 TPS on a standard gigabit network. The repository also emphasizes compliance with applicable laws and regulations, highlighting the project's commitment to ethical and legal standards.
New Institutional Yield Product Hits $400M on Solana (SOL)
Ethena's yield markets on Solana reach $400M in 3 days, signaling institutional DeFi momentum with curated risk management.
Dartmouth Endowment Invests $3.3M in Solana ETF Amid Crypto Shift
Dartmouth's $9B endowment allocates $3.3M to Solana ETF, diversifying its $14M crypto exposure as institutional interest rises.
RKC Memecoin Crashes After $729K Developer Exit, Trader Loses $190K
Solana-based RKC memecoin plunges 67% as developer cashes out $729K. One trader suffers a $190K loss amid concerns of account compromise.
Solana (SOL) Hits Record 167M Token Holders Amid Institutional Growth
In April 2026, Solana (SOL) saw record adoption with 167M token-holder addresses, $2.5B in tokenized assets, and deepened institutional commitments.
Exodus Launches XO Cash Stablecoin for AI Payments on Solana
Exodus launches XO Cash, a Solana-based stablecoin enabling AI agents to make secure automated payments, leveraging Solana's speed and low fees.
Solana: The High-Performance Blockchain Explained
Solana is a third-generation blockchain designed for high-speed decentralized applications through a unique architecture that combines Proof of History (PoH) with Proof of Stake (PoS).
Solana (SOL) Launches Pay.sh with Google Cloud to Simplify API Payments
Solana (SOL) Foundation and Google Cloud launch Pay.sh, enabling AI agents to pay for APIs using stablecoins on Solana. Here's why it matters.
Western Union Launches USDPT Stablecoin on Solana (SOL)
Western Union debuts USDPT, a Solana-based stablecoin for cross-border payments, starting in Bolivia and the Philippines, with plans for global expansion.
Solana (SOL) Prepares for Quantum Threats with Falcon Scheme
Solana (SOL) advances quantum-resistant cryptography with Falcon, ensuring preparedness for future threats while maintaining high performance.
Tokens.xyz Streamlines Solana (SOL) Asset Data with Unified Pages
Tokens.xyz simplifies asset discovery on Solana (SOL) by consolidating all token variants of the same asset onto a single page, offering live liquidity and trading data.