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Solana’s 5th birthday: From pandemic origins to US crypto stockpile

cryptoweekly by cryptoweekly
March 17, 2025
in bitcoin, News
0

Solana is celebrating its fifth year since its genesis block was created on March 16, 2020. Here are five developments that have helped shape the last five years of Solana.

Layer-1 blockchain Solana is marking its fifth anniversary since launching its mainnet in 2020. Over the years, it has become one of the most active blockchain networks by transaction volume and is among the few cryptocurrencies proposed for inclusion in a US digital asset reserve.

Since the first Solana block was built on March 16, 2020, the network has processed more than 408 billion transactions and nearly $1 trillion worth of value on decentralized exchanges — establishing itself as one of the industry’s leading layer-1 blockchains.

Source: Solana

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  • Russia says 70% of crypto miners remain unregistered despite new laws
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  • Bitget secures Georgia license as part of Europe expansion
  • Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze
  • Nobitex source code leaked after $100M hack by pro-Israel group
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