what's solana?
Solana is a high-performance blockchain platform designed for fast, low-cost transactions and scalable decentralized applications, using a unique proof-of-stake and proof-of-history consensus mechanism. Founded by Anatoly Yakovenko, it supports vibrant ecosystems for DeFi, NFTs, and gaming with seamless developer tools and energy-efficient operations. The network emphasizes accessibility, enabling builders to create innovative dApps in a decentralized environment.
Solana token pump-and-dump via compromised X account; low fees, Seeker dApps and developers grew.
A token on Solana was promoted from Matt Furie's compromised X account, briefly reached above $2 million market cap before the post was deleted, and subsequently fell 74% within minutes after Furie clarified the promotion was unauthorized.
Median fees held around $0.00065 and peaked at $0.00085 on January 31, 2026, during a day when Bitcoin fell more than 10%.
Seeker dApps surged from 308 to 784.
Seeker developers jumped 116% to reach 443.
Seeker users account for 2% of total Solana spot DEX volume and 0.3% of stablecoin transfer volume.
Seeker mobile device users account for 2% of spot Solana DEX volume in Q1 2026.
Seeker device users account for 0.3% of stablecoin transfer volume on the network in Q1 2026.
Integrated Chainlink data and interoperability standards to enable Hastra's PRIME and AUTO tokenized RWAs to be used as collateral in DeFi on Solana.
Kamino's PRIME market on Solana grew to over $600M in market size within approximately 4 months, becoming the largest RWA market in DeFi.
PreStocks volume reached an all-time high of $29M on the network.
Processed 10.1 billion transactions in Q1 2026.
Captured 41% of all onchain spot volume in Q1 2026.
Ranked #1 in RWA lending with $1.23 billion in Q1 2026.
Solana ETFs recorded a net inflow of 2,469 SOL ($212K) on April 14, 2026.
Solana ETFs recorded a net outflow of 68,630 SOL ($5.9M) over the 7-day period ending April 14, 2026.
Launched Printr V2: Proof of Belief on April 14, 2026, across Solana and seven other chains, featuring configurable launch parameters, automatic liquidity migration to DEX with locked LP tokens, and anti-copy protection.
Fed Chair nominee Kevin Warsh disclosed holdings of SOL as an early investor, held via an employment-linked venture vehicle, among over $100M in total assets on April 14, 2026.
Phoenix matched losses for eligible users up to $5,000 each following recent events on Drift that impacted Solana traders.
Hosts 60% of USDG's total supply, equivalent to $1.3B, with 85% of this amount held by exchanges and custodians (OKX, Kraken, Bitgo, and Fireblocks) rather than being used in DeFi.
Partners with Triton One to rebuild Solana's read layer, moving data access out of Agave into modular systems for faster, scalable onchain data access.
Hosts a hands-on workshop on building privacy apps, featuring live demos, code walkthroughs, and architecture breakdowns, scheduled for 2026-04-17.
The NEET memecoin on Solana hit new all-time highs over $45M.
Reached $1.1 trillion in economic activity in Q1 2026, a new all-time high.
Experienced $9.5M in stolen funds from 50+ victims between April 7-13, 2026 through a fake Ledger app scam targeting multiple blockchains including Solana.
Western Union launched USDPT, a dollar-pegged stablecoin on Solana, issued through Anchorage.
Memecoin '$ALONSHOUSE' was completely removed from Solscan, raising censorship concerns within the ecosystem.
Featured as a trading platform option alongside EVM for M token futures trading with up to 10x leverage on WOOFi Pro.
Processed $832 billion in peer-to-peer stablecoin volume during Q1 2026.
Founder of Solana-based Believe app faces allegations in New York court over an alleged crypto rug pull scheme tied to millions in losses.
SOL ETFs recorded a positive net flow of $167 million since the start of 2026.
Y Combinator sent $500K USDC to Totalis for its first all-stablecoin funding round on Solana, held on Ramp, April 14, 2026.
Circle minted $500M USDC on Solana on April 14, 2026, in a 3-hour period.
Proprietary AMMs handle more volume than public AMMs on the network.
Collector Crypt accounts for 30% of NFT volume on Solana.
Squads warned of address poisoning attack targeting Solana multisigs, where scammers deploy fake multisigs using lookalike vanity addresses.
Hosts Solana Accelerate Miami event series May 4-6, 2026, featuring consumer day, main event, and AI Accelerate sessions with over 2,000 applications received.
Jito Foundation partners with South Korean custodian KODA to explore institutional custody and staking support for JitoSOL.
JupUSD Earn vault on Jupiter Lend reached $100M in total deposits.
JupUSD surpassed $1 billion in cumulative volume, reaching $1.46B in total since launch.
JupUSD total supply stands at 79.7M with 6,310 holders.
JLP/JupUSD multiply vault was added to Jupiter Lend with a higher Max APY than its USDC counterpart.
JUICED token was integrated into Loopscale.
Jupiter Lend (including JupUSD markets) was integrated into Project0.
JupUSD was integrated into Jupiter Prediction Market.
Bitwise Solana ETF (BSOL) recorded zero net inflows on April 13, 2026.
Traded at $86 on April 14, 2026, up 5%.
Processes 1,200 transactions per second (TPS).
Operators representing 50% of stake weight use DoubleZero fiber network to run their validators.
Trading sprint event with $5k prize pool runs from 2026-04-13 21:00 UTC to 2026-04-15 21:00 UTC on cubexch.
HYPE/SOL trading pair reached a new all-time high.
A discussion segment argued that AI agents will use Ethereum instead of Solana, representing a comparative technology opinion rather than a concrete change or metric for Solana.
Mentioned in a CoinDesk Public Keys episode at NYSE discussing spot SOL ETF filings alongside other crypto market topics.
Featured in stadium signage with Phantom wallet branding appearing on jerseys, increasing brand visibility through sports marketing.
Solana ETFs recorded a net inflow of 137,339 SOL ($11.33M) on April 13, 2026.
Launched Agent Tokens feature on Solana, enabling AI agents to launch their own tokens.
Featured in a Seeker-only leaderboard on BananaZoneApp with teams from across the ecosystem offering real prizes, available through the Solana dApp Store.
ETFs and DATs hold 31 million SOL, representing 5.4% of total supply.
Reached approximately $10 billion SOL staked across JitoBAM validators, representing 28% of total network stake as of Q1 2026 end, increasing 155% during the quarter.
Ledger launched DeFi Monitor dashboard for Solana DeFi, monitoring stress indicators including utilization spikes, rapid outflows, price deviations, and exchange rate anomalies.
Launched Agent Skills, enabling AI agents to build encrypted applications on Solana with full-stack development support across 40+ tools.
Franklin Templeton deployed BENJI on Solana as part of a multi-chain approach, with BENJI/FOBXX holding $996M onchain market cap.
Processed $300 billion in flash loans through Jupiter Lend in a two-week period ending approximately April 13, 2026.
Recorded $28M all-time high in daily PreStocks volume, with trading concentrated in tokenized shares of pre-IPO companies OPENAI (69%), SPACEX (12.6%), and ANDURIL (9.1%).
Reached all-time high tokenized equities volume of $144M in the week ending April 13, 2026, capturing 98.77% market share and handling more volume than all other blockchains combined since July 2025.
Began Solana Summit April 13, 2026; hosts 37 hackathon tracks on SuperteamEarn with $350,000 prize pool, including SNS-sponsored Identity Track at Solana Network State Spring'26 Colosseum Frontier Hackathon offering $5,000 over five weeks.
Bridges to Solana through Mantle Super Portal, enabling cross-chain movement of MNT tokens.
Classified as a commodity by the SEC in March 2026 alongside BTC, ETH, and 13 other major tokens under a new five-tier framework.
Processed 25.3 billion transactions in Q1 2026, leading all blockchains in transaction volume.
Reached $218M in year-to-date inflows for investment products as of approximately April 12, 2026.
Alameda holds 3.57M SOL tokens worth over $293M, making SOL their largest holding.
BisonFi protocol achieved the highest daily and weekly DEX volume across all protocols on Solana.
Kyle Salarmi leaves crypto.
FTX/Alameda unstaked 198,425 SOL ($16M) and transferred to FTX's bankruptcy wallet for creditor repayments on April 13, 2026.
Undergoes daily linear token unlocks exceeding $1 million, part of scheduled emissions totaling over $221 million across multiple projects over the next 7 days starting April 13, 2026.
Integrated with Privy for wallet connection support on the Nansen platform, enabling login and staking functionality.
Western Union chose Solana as their blockchain platform for payments infrastructure.
Superteam provides micro grants to early-stage Solana builders in emerging markets including India, Southeast Asia, Eastern Europe, and Africa.
Raised $164M in capital across Q1 2026 according to CryptoRank data.
Ranks #1 in DApp revenue across all L1 and L2 chains for 4th consecutive week as of April 13, 2026.
Securitize partnered with Currenc Group (Nasdaq: CURR) to tokenize its shares on Solana
Immunefi opened $1M audit competition for Firedancer's V1 code. Firedancer shifts to Multi-Concurrent Leader (MCL) design.
Total Solana monthly token holders hit a new all-time high of 167M
Has approximately 18% more developers than Ethereum as of April 2026.
Circle minted $2.25 billion USDC on Solana in the week ending April 13, 2026, including $250 million on April 11, 2026.
Declined 36% in Q1 2026 (January 1 to March 31, 2026), the largest loss among major L1 blockchains tracked in the comparison.
Added wBTC and USDT trading support on Solana through Chainflip's cross-chain protocol.
Rebuilding the $400B gift card industry on Solana using stablecoins to upgrade payments and stored value infrastructure.
Hatch launched as a token launcher using Meteora DLMM pools, allowing users to launch memecoins and tokens in seconds with low fees.
Meridian deployed as an autonomous AI agent that acts as a non-custodial liquidity provider for Meteora DLMM pools, managing LP positions 24/7 with configurable risk settings.
Saw net outflows of 68,181 SOL ($5.62M) for week ending April 13, 2026, while BTC, ETH, and XRP ETFs saw inflows.
Reached a record 50% of Binance Spot trading volume.
Processed over 524 billion all-time transactions.
Leads all L1 and L2 chains in weekly DEX volume for 34 consecutive weeks, ending April 11, 2026.
Spot ETFs saw $11M in inflows on April 11, 2026, with broader crypto ETF inflows exceeding $300M across Bitcoin, Ethereum, and XRP.
Generated $57,200 in chain revenue over 24 hours as of April 11, 2026.
Solana staking ETF BSOL recorded $11.5M daily net inflows on April 10, 2026, with $800M total net inflows since listing.
jnwng departed from the Solana Foundation after four years in the role.
Recommended Agave v3.1.13 validator client upgrade for MainnetBeta on April 10, 2026; implements Constellation Proposal with 50ms protocol-enforced economic ticks.
Surpassed $233.8M in Pokémon TCG gacha spending on Solana in Q1 2026, averaging $28.2M weekly in March and exceeding $40M by late March.
Achieved a new all-time high for monthly peer-to-peer stablecoin transactions in April 2026.