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.
Meteora's MET Token Launch: Airdrop Set to Circulate 48% of Supply
Solana DEX Meteora is launching its MET token on October 23, with 48% of its total supply entering circulation. Analysts speculate on its potential FDV and market impact.
Hong Kong Approves Solana (SOL) Spot ETF, Boosting Crypto Accessibility
Hong Kong's approval of the first Solana (SOL) spot ETF marks a significant step in crypto accessibility, joining Bitcoin and Ethereum in regulated digital asset offerings.
Jupiter Unveils Beta Version of Prediction Market on Solana
Jupiter, a Solana DEX aggregator, launches a beta version of its prediction market, focusing initially on the Mexico Grand Prix, marking a significant step in decentralized finance.
Solana (SOL): A Leading Blockchain in On-Chain Activity
Solana stands out as a leading blockchain platform due to its diverse on-chain activity, efficient design, and robust ecosystem of applications, according to Grayscale Research.
VanEck Reports September 2025 Crypto Market Trends: Key Insights
VanEck highlights September 2025 crypto market dynamics, focusing on token performances, blockchain revenue declines, and major upgrades in Solana and Ethereum networks.
Infrastructure Giants Cash In as Memecoin Traders Face Losses
The memecoin trend is drawing significant profits, mainly for exchanges, launchpads, and trading bots, rather than for traders investing in viral tokens.
Staking Speed Gives Solana ETF Advantage Over Ethereum
The cryptocurrency exchange-traded fund landscape is witnessing a seismic shift as Solana emerges as the unlikely frontrunner in the staking ETF arena, threatening Ethereum's long-held dominance in institutional crypto products.
Memecoins: A Cultural and Financial Phenomenon in Cryptocurrency
Explore the rise and impact of memecoins in the crypto world, examining their cultural significance, market dynamics, and potential risks, as detailed by Galaxy.com.
Real-World Asset Deal Brings Animoca Shares to Solana Network
The investment platform Republic is set to tokenize equity shares of Animoca Brands on the Solana blockchain, announced on September 30, 2025.
Solana Company Secures $500M to Establish Leading Solana (SOL) Treasury
Pantera Capital partners with Summer Capital to launch Solana Company, a Solana-backed Digital Asset Treasury, raising over $500 million in funding. The initiative aims to maximize SOL per share.