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A well-known cryptocurrency marks her birthday by celebrating the steps she has crossed over the years, as her incredible growth that has made him one of the best digital assets in space. In the past five years, Solana has reached almost $ 1 billion dex negotiations and treated more than 400 billion transactions.
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Five years successful
Since Solana was created on March 16, 2020, the crypto has become one of the 10 best digital active workers today.
In a post X, Solana shared what he accomplished during his existence of half a decennia, citing that he has facilitated more than 408 billion soil transactions, more than 1,300 validators and at least $ 987 billion in volume.
Happy 5th anniversary Solana Fam!
408 billion transactions.
1,300+ validators.
$ 987 + billion in volume.Thank you to all the implacable founders, developers and NCMOS around the world who have made Solana what it is today – 5 years, we are only starting pic.twitter.com/p89pynhjpjp
– Solana (@Solana) March 16, 2025
According to Coingecko, Solana occupies 6th place in cryptocurrency in terms of market capitalization. Meanwhile, Sol occupies 9th place in the crypto coinbase, which is based on relative market capitalization.
“Thank you to all the implacable founders, developers and NCMOS from around the world who have made Solana what it is today – 5 years, we are just beginning,” said Sol in an article.
Solana Growth by figures
Analysts said Solana, a crypto born with the pandemic, owes his growth To its system, which accelerates its processing of transactions, allowing digital assets to increase at low cost.
The data has shown that since its main network was put online in March 2020, the crypto generated more than 254 million blocks, adding that Solana has become a force majeure in decentralized financial space. According to Defilma, Solana has more than $ 7 billion of total value locked in its protocols.
On the other hand, the stable floor is also doing well after having displayed $ 11 billion. Although this figure is a little less than 12.6 billion dollars recorded in February 2025.
In terms of market capitalization, Solana has approximately more than $ 65 billion, which is a great drop in its peak of $ 127.5 billion.
During writing, Sol is being traded at $ 127 for the roomwhich is down 1.2% in the last 24 hours.
Bounce
Market observers said Solana had been greatly affected by the lowering market in 2022 and that the collapse of the Crypto Exchange FTX, in which investors saw its hood brand 96% for only $ 3 billion.
The FTX of Sam Bankman Fresed bought around 58 million soil chips worth $ 7.4 billion to today’s value. However, in November 2022, the FTX filed a bankruptcy, resulting in a drop in soil price and reaching $ 8.30 per room in December 2022.
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It could face many challenges in 2022, but Sol has shown its resilience and made an impressive return in 2023, going from its market capitalization from 3 billion to more than $ 140 billion, on January 19, 2025.
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