In 2017, Solana was founded by software engineer Anatoly Yakovenko, who developed the Proof-of-History (PoH) mechanism as a solution to scalability concerns in blockchain systems. From 2017 to 2019, Solana went through various testnet phases to refine its protocol and infrastructure. It gradually evolved and gained traction in the crypto community. In March 2020, Solana launched its Mainnet Beta, marking a significant milestone in its development. The Mainnet Beta initially supported basic transactions and smart contract functionality. Solana conducted a token sale, raising funds through private sales and presale stages. The native cryptocurrency of the Solana blockchain, SOL, was sold to the public at $0.22 during the last presale phase. Throughout 2023, Solana made efforts to address network instability issues and improve uptime. The network has achieved 100% uptime in the last eight months, indicating significant progress in network stability. In June 2023，Solana's developer activity has been growing steadily. Solana had 1,475 active developers, making it the fourth-largest network by active developers. This demonstrates the engagement and innovation within the Solana ecosystem.

Initial Coin Offering (ICO): 1.6% Strategic Sale: 1.9% Vaildator Sale: 5.2% Foundation: 10.5% Team: 12.8% Founding Sale: 12.9% Community: 38.9% Seed Sale: 16.2%

Solana (SOL) Price

Solana#7

Margin

Solana

Layer 1

0+3.31%USD

*Data is for reference only

Circulating Market Cap (USD)--

Total Market Cap (USD)--

Circulating Supply585.36M

Issue Date2020-03-23

24H Volume (USD)--

Total Supply585.36M

SOL News

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BlockBeats News, September 4th, according to CryptoRank data, the number of tokenized stock holders doubled from about 1 million to 2 million in August, achieving this milestone in one month. Among them, holders on the Robinhood Chain, BNB Chain, and Solana collectively accounted for approximately 95% of all tokenized stock holders. Prior CryptoRank data showed that as of the end of July, the number of tokenized stock holders on the Robinhood Chain alone had reached about 329,000, accounting for...
BlockBeats·27 min(s) ago
South Korea has laid out a three-stage plan to bring stocks, bonds and funds onto tokenized infrastructure, with the final phase set to connect securities settlement to stablecoin-based onchain payments. Summary South Korea will begin expanding tokenized securities in February 2027, starting with selected funds, bonds, unlisted stocks and fractional investment products. The second phase will open tokenization to all publicly offered securities, while the final stage will introd...
crypto.news·1 hr(s) ago
We ranked 12 blockchain APIs on free tier size, published pricing and how much one key returns. Includes CoinStats API, Codex, GetBlock and Blockscout.
CryptoDaily·2 hr(s) ago
BlockBeats News, September 4th, HTX DeepThink columnist and HTX Research researcher Chloe pointed out that the current market is not unilaterally bullish, but has transitioned from a bear market structure to a crucial trend confirmation stage. The macro focus is shifting from inflation to employment: if employment continues to weaken and core inflation continues to improve, the Fed will have room to pivot from a rate hike pause to a rate cut, which could become the biggest potential liquidity ca...
BlockBeats·2 hr(s) ago
Axis Robotics has released Axis Sim Dataset V1, one of the largest open-source simulation datasets for Franka arm manipulation, with the full dataset, training code, and benchmarks publicly available. V1 is built from more than 50,000 human-teleoperated simulation trajectories across 207 manipulation tasks and 60,000+ scene variants on a simulated Franka Research 3 arm. This dataset drew over 160,000 downloads, making it the most downloaded open-source simulation Franka manipulation dataset on Hugging Face. In benchmarks, continual pretraining on V1 lifted π0.5 and beat a volume-matched RoboCasa baseline, with every result open and verifiable. Axis Robotics is building the ultimate compounding data engine for Physical AI, a vertically integrated system spanning large-scale simulation, egocentric real-world capture, humanoid loco-manipulation, and human-gated DAgger post-training. The company raised $12 million in seed funding led by Hack VC, with participation from Nomad Capital, Pi Network Ventures, 10K Ventures, and angel investors. A Bet Against “Clean Data Only” A common assumption in robotics is that demonstrations must be near-optimal to begin with — filter down to expert trajectories, standardize the setup, and discard anything noisy before it is safe to imitate. Axis’s thesis runs the other way: data quality lives at the distribution level, not the single trajectory. When a large and diverse enough crowd produces noisy, suboptimal trajectories and their errors are uncorrelated, the noise averages out and a working policy survives during training. Axis Sim Dataset V1 puts that thesis to a public test. Its trajectories span pick-and-place, stacking, pouring, articulated-object manipulation, and tool use, all collected through Axis’s browser-based teleoperation platform, Axis Hub, by a distributed crowd rather than a single expert team. The dataset was built with researchers from UC Berkeley, Johns Hopkins, the University of Michigan, and other institutions. Results That Scale On LIBERO-Plus, continual pretraining on V1 lifts π0.5 from 83.9% to 88.8% success and outperforms a volume-matched RoboCasa365 baseline by 37.3%. Performance improves consistently as pretraining data scales from 25% to 100% of the dataset, with no saturation in sight, evidence that the gains come from diversity and coverage rather than a one-off bump. The largest improvements appear under camera, sensor-noise, and layout perturbations, the exact axes Axis randomizes during generation. The team says V2 is already underway, scaling to 1.2 million trajectories across 1,200 tasks, with cross-embodiment generalization and results across multiple VLA models showing that suboptimal simulation data trains robust policies. The Engine Behind the Dataset The dataset is one output of a larger, actively compounding data engine. Where a traditional data vendor collects to a fixed spec and stops, Axis uses model performance and failure cases to determine what should be collected next, so every training round informs the next. That engine runs on a hybrid strategy across four data lines, and all four now run at scale: Simulation: over 200,000 distributed contributors on Axis Hub, a top-3 dApp on Base, producing 4.7M+ trajectories across 13 embodiments. Egocentric: a managed network of 1,000+ full-time, QC-trained collectors capturing first-person activity in real homes and businesses across 14 industries: 200,000+ hours already banked and growing by 4,000+ hours every day, with Vicon-verified hand pose. Loco-manipulation: 500+ hours combining mobility and dexterity on real humanoids (Unitree G1, Booster T2) through hardware-agnostic teleoperation. Human-gated DAgger post-training: 500+ hours of human-in-the-loop correction targeted at deployment edge cases. Every task and trajectory is recorded on-chain on Base for provenance, and contributors are rewarded for verified work quality. From Open Data to Commercial Deployment Beyond open-sourcing simulation data, Axis works directly with robot embodiment companies to build customized, embodiment-specific data pipelines and model priors. As Booster Robotics’ first sim-data partner, Axis rebuilt Booster’s real workspace as a task-aligned digital twin, had distributed contributors collect 42,000+ simulation episodes on it, and distilled them into a Booster-specific model prior. With just 30 real-robot demos, that prior reached 87.5% success versus 37.5% for an out-of-the-box π0.5, matching π0.5 using half the real-world demonstrations. Other partners span embodiment companies (Feagine Robotics), model companies (Manycore Tech, Dexmal) and industrial automation (Lotus Cars, Geely Auto). Axis also supplies on-chain robotics networks: BitRobot on Solana and OpenRoboto on Bittensor. Redefining Physical AI’s Data Foundation “The future of Physical AI isn’t a static dataset you download once,” said Chris Feng, founder of Axis Robotics. “It’s an engine that keeps producing the data the model needs next. Scale gets you broad coverage. Diversity keeps the noise unbiased. The closed loop turns every failure into progress. That’s what compounds.” Axis was founded by researchers from UC Berkeley, CMU, Georgia Tech, and SJTU, alongside serial founders who have scaled consumer platforms to over 30 million users. Its research is advised by Jiachen Li, Assistant Professor at Georgia Tech. Paper Link: https://arxiv.org/abs/2607.21588 Project Page: https://axisaiorg.github.io/AXIS-V1/ Dataset Link: https://huggingface.co/datasets/axisrobotics/Franka-Dataset Github Codebase: https://github.com/AxisAIOrg/Axis-V1-Training
NewsBTC·4 hr(s) ago
Compromised keys, not broken code, now drive the majority of crypto theft, and North Korea is cashing the checks. Summary DeFi protocols have lost at least $1.3 billion to exploits in the first eight months of 2026, according to Forbes and CertiK, with compromised private keys overtaking smart contract bugs as the leading attack vector for the first time on record. Drift Protocol lost $285 million on April 1 after attackers spent months social engineering their way to an admin ...
crypto.news·4 hr(s) ago

SOL Info

What Is Solana (SOL) ?

Solana is a blockchain platform designed for decentralized app (dApp) development and cryptocurrency transactions. It stands out for its hybrid protocol system and unique timestamp technology called Proof-of-History (PoH). Solana aims to process transactions as fast as news travels around the world, with the capability to handle thousands of transactions per second.

History of Solana (SOL)

Who created Solana?

Solana was founded by Anatoly Yakovenko and Greg Fitzgerald. Anatoly Yakovenko, the CEO of Solana, is a former Qualcomm engineer with a background in telecommunications. Greg Fitzgerald is a former Qualcomm engineer and co-founder of Solana.

The Solana team also includes former employees from companies like Apple, Microsoft, and Dropbox, who bring their expertise in areas such as software engineering and distributed systems to the project.

History

In 2017, Solana was founded by software engineer Anatoly Yakovenko, who developed the Proof-of-History (PoH) mechanism as a solution to scalability concerns in blockchain systems.
From 2017 to 2019, Solana went through various testnet phases to refine its protocol and infrastructure. It gradually evolved and gained traction in the crypto community.
In March 2020, Solana launched its Mainnet Beta, marking a significant milestone in its development. The Mainnet Beta initially supported basic transactions and smart contract functionality. Solana conducted a token sale, raising funds through private sales and presale stages. The native cryptocurrency of the Solana blockchain, SOL, was sold to the public at $0.22 during the last presale phase.
Throughout 2023, Solana made efforts to address network instability issues and improve uptime. The network has achieved 100% uptime in the last eight months, indicating significant progress in network stability.
In June 2023，Solana's developer activity has been growing steadily. Solana had 1,475 active developers, making it the fourth-largest network by active developers. This demonstrates the engagement and innovation within the Solana ecosystem.

How Does Solana (SOL) Work?

Solana's blockchain utilizes an innovative hybrid consensus protocol that merges Proof of History (PoH) with Proof of Stake (PoS) to achieve high scalability and throughput.

Proof of History Mechanism

The Proof of History mechanism works by cryptographically linking events and transactions to a verifiable timestamp history. This assigns an immutable sequence to transactions that validators can rely on for chronological order.

Proof of Stake (PoS)

Proof of Stake gets validators to stake SOL tokens in order to be selected to validate transactions and add new blocks. The probability of being chosen is proportional to the amount staked. This incentivizes validators to act honestly and securely.

By combining Proof of History's transaction sequencing with Proof of Stake's validator selection and incentives, Solana can optimize performance. PoH enables rapid ordering while PoS provides decentralized validity confirmation.

This unique hybrid consensus design allows Solana to process up to 65,000 transactions per second with 400ms block times. The rapid throughput and low latency provides the scalability needed for high performance dApps such as gaming, DeFi, and exchanges.

In summary, Solana merges Proof of History and Proof of Stake to deliver innovative benefits. PoH provides chronological ordering and sequencing while PoS contributes to decentralized security and validation. Together they enable unrivaled speed, scalability and efficiency that makes Solana a next-generation blockchain.

Tokenomics

What is Solana(SOL) used for?

SOL is the native cryptocurrency of the Solana blockchain. It serves multiple purposes within the network, including transaction fees, staking, and governance.

Transaction Fees: SOL tokens are used to pay for transaction fees on the Solana network. When users perform transactions or interact with smart contracts on Solana, they need to pay a certain amount of SOL as a fee.
Staking Rewards: SOL holders can stake their tokens to participate in the network's proof-of-stake consensus mechanism and earn staking rewards. By staking SOL, users contribute to the security and stability of the Solana network and receive rewards in return.
Governance: Major protocol changes on Solana have to be approved through on-chain governance voting. SOL holders can vote on improvement proposals by staking their tokens. The more SOL staked, the more voting power.
Delegation: SOL holders can delegate their staking and voting rights to validators. This allows participating in governance without running a validator node.

How many Solana coins are there?

There is no upper limit to the SOL supply, however, since it has a network burn protocol, Solana burns 50% of SOL per transaction fee. The Solana Foundation has announced that only 489 million SOL tokens will be in circulation.

Token Distribution

Initial Coin Offering (ICO): 1.6%
Strategic Sale: 1.9%
Vaildator Sale: 5.2%
Foundation: 10.5%
Team: 12.8%
Founding Sale: 12.9%
Community: 38.9%
Seed Sale: 16.2%

Why Is Solana (SOL) Valuable?

Solana is a high-performance blockchain platform that offers several unique features, which contribute to its value in the crypto space. Here are the key uniqueness of Solana:

Scalability and Speed: Solana is designed to address the scalability challenge faced by many blockchain networks. It can handle high throughput and deliver lightning-fast transaction speeds. Solana can process thousands of transactions per second (TPS) with sub-second confirmation times, rivaling traditional financial systems in terms of speed.
Proof of History (PoH) Consensus Mechanism: Solana's innovative architecture incorporates a unique consensus mechanism called Proof of History (PoH). PoH provides a verifiable historical record of events on the blockchain, enhancing efficiency and scalability. It allows Solana to order and process transactions in a parallel and efficient manner.
Developer-Friendly Environment: Solana provides a developer-friendly environment with a robust set of tools, libraries, and documentation. It supports multiple programming languages, including Rust, C, C++, and Python, making it accessible to a wide range of developers. This developer-friendly approach encourages innovation and contributes to the growth of the Solana ecosystem.
Thriving Ecosystem: Solana has attracted a thriving ecosystem of developers and entrepreneurs. DeFi (Decentralized Finance) projects and DApps (Decentralized Applications) have flourished on the Solana network, capitalizing on its speed and cost-effectiveness. Solana's ecosystem extends beyond finance to NFT (Non-Fungible Token) marketplaces, gaming, and more.

The value of Solana lies in its ability to provide a highly scalable and efficient blockchain platform. Its speed, scalability, and developer-friendly environment make it attractive for various real-world applications, including decentralized finance, gaming, NFTs, and more. Solana's thriving ecosystem and native cryptocurrency further contribute to its value by fostering innovation and investment opportunities.

Highlights

Solana has achieved several milestones throughout its development. Here are some key milestones of Solana:

High Throughput and Low Fees: Solana's innovative consensus mechanism and Proof of Stake (PoS) system enable it to process over 65,000 transactions per second with consistently low fees. This high throughput and low fee structure make Solana well-suited for various applications, including high-frequency trading and decentralized gaming.
Smart Contracts and dApps: Solana empowers developers to create decentralized applications (dApps) through smart contracts. This capability opens the door to a wide array of possibilities, including decentralized finance (DeFi) and non-fungible token (NFT) marketplaces.
Resilience and Growth: Despite facing challenges such as the FTX collapse and network performance issues, Solana has demonstrated resilience. Its NFT market has shown signs of recovery and growth, with notable projects like Idle Gaming, The Heist, and Reavers showcasing substantial growth. Solana's DeFi sector has also witnessed significant growth, with the Total Value Locked (TVL) increasing from $421 million to $1.269 billion.
Partnerships and Integrations: Solana has formed strategic collaborations with major players like Visa, Shopify, and Google Cloud. These partnerships highlight Solana's growing influence and market relevance, with Visa extending its stablecoin settlement pilot program to include Solana and Google Cloud incentivizing Web3 startups through grants.

FAQ

Unlike the traditional stock market, Solana (SOL) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.