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All Solana News
Top stories summarized by our editors
Top stories summarized by our editors

Solana crypto soars up rankings with 32% rally

9/10/2021

The Solana cryptocurrency has gained 32% in a week to achieve a market cap of around $55 billion, bringing it just outside a place in the top five cryptocurrencies. With Solana developers claiming it is based on the world's fastest blockchain, some commentators tip it to enter the top five rankings, although JPMorgan Chase analysts have warned that investor frenzy may be building around it.

Exchange-backed DeFi platform Pyth Network to go live

8/26/2021

Trading data provider Pyth Network, the decentralized blockchain-based data platform backed by some of the world's largest high-frequency traders and exchanges, is set to launch today on Solana's digital ledger that is able to match the Nasdaq exchange's transaction speeds. The data from trading firms and exchanges will include pricing for cryptoassets, FX markets, futures and equities.

Modern Money SmartBrief: The coalition of HFTs and market makers involved with Pyth is nothing short of impressive, and it could be the makings of something truly disruptive in the trading industry.

Exchange-backed DeFi platform Pyth Network to go live

8/26/2021

Trading data provider Pyth Network, the decentralized blockchain-based data platform backed by some of the world's largest high-speed traders and exchanges, is set to launch today on Solana's digital ledger that is able to match the Nasdaq exchange's transaction speeds. The data from trading firms and exchanges will include pricing for cryptoassets, FX markets, futures and equities.

Blockchain startup Solana raises $314M

6/10/2021

Solana Labs, a startup that developed a blockchain that is said to be faster and more versatile than early versions, raised $314 million in its recent funding round. The investors purchased Solana's SOL digital tokens instead of the usual equity shares.