Solana’s 5th birthday: From pandemic origins to US crypto stockpile 🎉
Layer-1 blockchain Solana marks its fifth anniversary since the mainnet launch in 2020, becoming a significant player in the crypto space with over 408 billion transactions processed.
Despite the 2022 bear market and FTX collapse severely impacting its market cap, Solana made a remarkable comeback with a 50-fold rise by 2025.
The blockchain gained traction through the memecoin craze and expanded its ecosystem to include crypto phones. Solana's inclusion in Trump's Digital Asset Stockpile highlights its importance.
Amidst its achievements, Solana faced network outages, but new solutions like Firedancer aim to address these challenges.
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