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A well -known cryptocurrency means his anniversary, celebrating milestones, which he achieved over the years, such as his amazing development, which made him one of the best digital resources in this space. In the last five years, Solana has almost reached 1 trillion USD in dex trade and processed over 400 billion transactions.
Five successful years
Since the creation of the Solana on March 16, 2020, crypto has become one of the 10 best digital assets.
In the post of X, Solana shared what she achieved during her semi-dissertation, citing that he facilitated over 408 billion SOL transactions, over 1,300 validators and at least $ 987 billion.
Joyful 5th Birthday Solana FAM! 🥳
Over 408 billion transactions.
Over 1,300 validators.
987 USD+ billion volume.Thank you to all relentless founders, developers and NCMO around the world who have created Solana, what it is today – 5 years, we are just starting 🎊 pic.twitter.com/p89Pynhjpj
– Solana (@solana) March 16, 2025
According to Coingecko, Solana ranks 6th in cryptocurrency in terms of market capitalization. Meanwhile, Sol takes 9th place in Krypto Coinbase, based on the relative capitalization of the market.
“Thank you to all constant founders, developers and NCMO around the world who have created Solana, what it is today – 5 years, we are just starting,” Sol said in the post.
Saline growth by numbers
Analysts said that Solana, crypto born with Pandemia, is guilty of her growth to a system that accelerates transaction processing, enabling an escalate in digital assets at a low cost.
The data has shown that since its launching in March 2020, Krypto generated over 254 million blocks, adding that Solana has become the main force in a decentralized financial space. According to Defillana, Solana has over $ 7 billion of total value blocked in its protocols.
On the other hand, Salt’s Stablecoin also has $ 11 billion well after publishing. Although this number is slightly lower than $ 12.6 billion registered in February 2025.
As for market capitalization, Solana has about $ 65 billion, which is a enormous decrease compared to the peak of $ 127.5 billion.
At the time of writing, Sol is trading up USD 127 per coinSo by 1.2% in the last 24 hours.
Bouncing back
Market observers said that Solana was very affected by a bear in 2022 and the fall of Crypto Exchange FTX, in which investors fell by 96% to 96% to just $ 3 billion.
FTX Sam Bankman-Fried bought about 58 million Sol tokens worth $ 7.4 billion at today’s value. However, in November 2022, FTX applied for bankruptcy, which led to a decrease in the price of salt and achievements of USD 8.30 per coin in December 2022.
This may face many challenges in 2022, but Sol showed its immunity and returned impressive in 2023, increasing market capitalization from $ 3 billion to over $ 140 billion, on January 19, 2025.
A distinguished picture from Pexels, chart from TradingView
