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A well -known cryptocurrency marks his birthday by celebrating the milestones that it has achieved over the years, such as its incredible growth, making it one of the best digital assets in space. In the past five years, Solana has almost reached $ 1 trillion in Dex -trade And processed more than 400 billion transactions.
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Five successful years
Since Solana was made on March 16, 2020, the crypto has become one of the top 10 digital assets today.
In an X-post, Solana shared what it achieved in the course of the existence of half a decade, and quotes that it has facilitated more than 408 billion sol transactions, more than 1,300 validators and at least $ 987 billion in volume.
Happy 5th Birthday Solana Fam!
408+ billion transactions.
1,300+ Validators.
$ 987+ billion volume.Thank you to all ruthless founders, developers and NCMOs around the world who made Solana what it is today – 5 years later, we have just started
– Solana (@Solana) March 16, 2025
According to Coingecko, Solana has 6th place in cryptocurrency in terms of market capitalization. In the meantime, SOL occupies the 9th place in the Coinbase -Crypto, which is based on relative market capitalization.
“Thanks to all the ruthless founders, developers and NCMOs around the world who made Solana what it is today – 5 years later, we have just started,” Sol said in a post.
Solana growth through the figures
Analysts said that Solana, a crypto born together with the pandemic, are grow To his system that speeds up its transaction processing, which can increase digital actively at low costs.
Data showed that since the mainnet went live in March 2020, the crypto generated more than 254 million blocks, and added that Solana has become an important force in the decentralized financial space. According to Defillama, Solana has locked more than $ 7 billion in total value in its protocols.
On the other hand, Sol’s Stablecoin is also doing well after installing $ 11 billion. Although this figure is slightly lower than the $ 12.6 billion included in February 2025.
In terms of market capitalization, Solana has around $ 65 billion, which is a major decrease in his peak of $ 127.5 billion.
Sol is traded on $ 127 per coinwhich is 1.2% lower in the last 24 hours.
Bounce back
Market observers said that in 2022 Solana was strongly hit by the Berenmarkt and the collapse of the crypto Exchange FTX, where investors saw his Mark Cap fall by 96% to just $ 3 billion.
Sam Bankman-Fried’s FTX has purchased an estimated 58 million SOL tokens worth $ 7.4 billion at today’s value. In November 2022, however, FTX applied for bankruptcy, which led to a decrease in Sol’s price and hit $ 8.30 per coin in December 2022.
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It can be faced with many challenges in 2022, but Sol showed its resilience and made an impressive comeback in 2023, which means that its market capitalization grew from $ 3 billion to more than $ 140 billion, from January 19, 2025.
Featured image of Pexels, Graph of TradingView
