July 5th, 2025
Solana (SOL) News
Stay informed about the latest Solana (SOL) news, including market updates, partnerships, innovations, and other related events.
Fireblocks Leads Study as Japan’s Minna Bank Looks Into Solana Stablecoins
Minna Bank is exploring the use of Solana-based stablecoins and digital wallets in Japan’s financial ecosystem.
Solana Dethrones Core Rivals in Major DEX Volume Ranking
A new Helius report shows that Solana is dominating several cryptocurrencies in DEX Volume and REV as SOL price increased slightly.
Solana Staking ETF Blasts Off: $12M on Day One
The REX-Osprey ETF (SSK) pulled in $12 million in inflows on day one, offering investors both spot Solana exposure and staking rewards.
SOL
$148.1
Market Cap
$79.34 B
24h Volume
$2.58 B
24h Low/High
$145.6 /
$150.8
1h
-0.04%
24h
-1.49%
7d
0.50%
Backed Launches xStocks: Tokenized Stocks Now Live on Bybit, Kraken, and Solana
By Parth Dubey
July 1st, 2025
Backed has officially launched xStocks, an initiative offering over 60 tokenized equities on major platforms like Bybit, Kraken, and the Solana blockchain.
Digital Asset Funds Bag $2.7 Billion Inflows With Bitcoin, Solana in Spotlight
By Godfrey Benjamin
June 30th, 2025
Digital asset inflows reached $2.7 billion, with Bitcoin accounting for as much as 83% of the inflow share, while Ethereum and Solana also drew significant attention.
Cardano Dethrones Ethereum and Solana in Crucial Metric. Where Is ADA Price Heading?
By Godfrey Benjamin
June 27th, 2025
Cardano has staged a significant breakout over the past year in price outlook compared to Ethereum and Solana amid current fluctuations.
$90 Billion Fiserv Partners Circle, Solana to Launch FIUSD Stablecoin Platform
By Parshwa Turakhiya
June 23rd, 2025
Fiserv enters the stablecoin market with FIUSD, partnering with Circle and Solana to serve 10,000 financial institutions. The move reflects traditional finance’s shift toward blockchain payments.
Byreal DEX From Bybit Officially Launches On Solana
By Godfrey Benjamin
June 21st, 2025
Bybit has officially launched its Solana-based Decentralized Exchange (DEX) dubbed Byreal on testnet with mainnet launch slated for Q3.
Everything Blockchain to Make Strategic XRP, Solana, and SUI Allocation
By Godfrey Benjamin
June 20th, 2025
Everything Blockchain is deploying $10 million into five fastest-growing blockchain networks, including Solana and XRP.
Solana Price: Will SOL Outpace Crypto Giants This Year?
By Parth Dubey
June 17th, 2025
Cantor Fitzgerald’s latest report positions Solana as a prime corporate treasury asset, citing staking rewards and institutional utility.
SOL Price Jumps 8% as Bybit Launches Solana-based DEX
By Bhushan Akolkar
June 16th, 2025
Solana price gained 7.83% in the last 24 hours, with trading volumes doubling to $4.53 billion, driven by optimism around Solana ETF approval.
Bitcoin, Solana and XRP in Spotlight as Crypto Liquidations Hit $1.14 Billion
By Godfrey Benjamin
June 13th, 2025
Crypto market liquidation hit $1.14 billion, with Bitcoin leading the other digital assets in an epic selloff in 24 hours.
Solana ETF Close, Nasdaq-Listed Firm’s $1B Pullback Sparks 5% Drop
By Parth Dubey
June 12th, 2025
Solana slips below $160 after DeFi Development Corp halts $1 billion fundraising plan for Solana purchase, but ETF optimism fuels a bullish long-term outlook.
SOL Price Jumps 4.77% as Spot Solana ETF Approval Odds Rise
By Bhushan Akolkar
June 11th, 2025
Solana (SOL) price rose by nearly 5% in the past 24 hours, driven by increasing optimism around Solana ETF approval.
Societe Generale Picks Ethereum and Solana for Launching Its USD-Pegged Stablecoin
By Parth Dubey
June 10th, 2025
Societe Generale-FORGE introduced its USD-pegged stablecoin, USD CoinVertible (USDCV), utilizing Ethereum and Solana blockchains.
Solana SOL $148.1 24h volatility: 1.5% Market cap: $79.34 B Vol. 24h: $2.58 B has become one of the most influential blockchain platforms, with its native SOL token having a larger market capitalization than most of the market. Co-founded by Anatoly Yakovenko, the network was officially launched in 2020, two years after publishing its whitepaper. The main aim of Solana is to improve network and transaction scalability by supporting a high throughput – over 60,000 transactions per second (tps).
The high scalability makes the Solana blockchain one of the most preferred platforms for decentralized applications (dApps) and non-fungible tokens (NFTs). Solana achieves this scalability by using a unique consensus mechanism called Proof of History (PoH). The mechanism creates a cryptographic timestamp that establishes an order for transactions before adding them to the blockchain. This way, transactions are processed much faster than other networks.
The scalability provided by the Solana blockchain is attractive not only to users but also to creators developing essential dApps. The blockchain hosts notable tools, including the decentralized exchange (DEX) platform Serum and automated market maker (AMM) Raydium. Also, Solana offers Solana Pay, a payment framework that allows businesses to execute cheaper digital transactions.
With a growing library of applications and an active developer community, Solana is unsurprisingly a popular blockchain option. Its position is expected to improve as Solana capitalizes on its scalability solutions to attract more users and developers, which helps to maintain its position as a trusted player in the decentralized ecosystem.
Click to see more
FAQ on Solana (SOL) News
What is Solana used for?
Solana is a high-performance network designed to bring speed and efficiency to several blockchain applications, including payments, finance, NFTs, and gaming. The SOL token is also sometimes used as an investment channel by investors who understand the inherent risks.
How is Solana so fast?
Solana achieves its high speed through a unique consensus mechanism called proof-of-history (PoH). Unlike the proof-of-work (PoW) algorithm used by Bitcoin and the proof-of-stake (PoS) used by Ethereum, the PoH consensus mechanism achieves high throughput by using timestamps to establish transaction order, before processing. This way, blockchain validators do not require extensive communication and can process transactions quickly.
Is Solana a good investment?
Like many other cryptocurrencies, Solana’s history of healthy price upticks has created several millionaires over time. However, all holders and would-be investors should note that pre-investment research is essential because of the risks cryptocurrencies carry.
How much Solana do I need to be a validator?
There is no minimum amount of SOL required to be a validator. However, the more SOL tokens staked, the higher the chance of being selected to validate transactions and earn rewards.