Solana Labs company
Overview
Solana Labs, the entity behind the Solana blockchain, was set up in 2018 by Anatoly Yakovenko and Raj Gokal in San Francisco. The network's initial block appeared on 16 March 2020. The organisation now positions itself as a builder of products and firms that speed up the Solana ecosystem, not as the protocol's primary custodian — that duty, along with governance and grants, falls to the distinct Solana Foundation. Its operations are divided into three units: Solana Mobile, which creates crypto-centric handsets such as the Seeker, billed as the ultimate Web3 phone; Solana Incubator, which aids founders in turning projects into substantial Web3 enterprises; and Solana Ventures, which provides funding to Web3 teams. The Solana chain, which employs proof of stake alongside the Proof of History timestamp system, has faced notable disruptions — several network failures, among them a 17-hour outage in September 2021 and additional stoppages in May and October 2022, plus a 40% single-day drop in SOL's price in November 2022 following FTX's collapse, due to Alameda Research's sizable SOL holdings.
Within The Counterparty graph, Solana Labs connects to 12 tracked entities, most strongly to Solana, Solana, Anatoly Yakovenko.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 12 total).
| Relation | Connected entity | Confidence |
|---|---|---|
created | Solana | 95% |
governs | Solana | 95% |
employs | Anatoly Yakovenko | 95% |
founded | Anatoly Yakovenko | 95% |
co-founded | Anatoly Yakovenko | 95% |
co-founded | Raj Gokal | 95% |
founded | Raj Gokal | 90% |
invested_in | Multicoin Capital | 90% |
forked_from | Anza | 90% |
deployed_on | Solana | 86% |
Frequently asked questions
What is Solana Labs?
Solana Labs is a layer1 tracked in The Counterparty knowledge graph. It is connected to 12 other tracked entities, most strongly to Solana, Solana, Anatoly Yakovenko.
What type of entity is Solana Labs?
Solana Labs is classified as a layer1 (company) in The Counterparty knowledge graph.
What is Solana Labs connected to?
In The Counterparty knowledge graph, Solana Labs is linked to 12 other tracked entities, most strongly to Solana, Solana, Anatoly Yakovenko.
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.