Solana Marks 5-Year Journey – 400 Billion Transactions And Counting

Name	Symbol	Market	Market Cap ($)	Algorithm
Solana	SOLUSD	Crypto	62,534,634,744	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Solana

SOLUSD

Crypto

62,534,634,744

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.810	-0.63%	128.58	128.56	128.57

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.810

-0.63%

128.58

128.56

128.57

High Price	Low Price	Open Price	Prev. Close	52 Week Range
130.49	126.53	129.69	129.39	110.00 - 295.00

High Price

Low Price

Open Price

Prev. Close

52 Week Range

130.49

126.53

129.69

129.39

110.00 - 295.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:59:30	0.083609	128.58	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

04:59:30

0.083609

128.58

USD

Price x Volume	Volume	Base Symbol	Related Pairs
22,825,309.77	177,556.73	SOL	SOLEUR	SOLGBP	SOLBTC

Price x Volume

Volume

Base Symbol

Related Pairs

22,825,309.77

177,556.73

Solana Marks 5-Year Journey – 400 Billion Transactions And Counting

18/03/2025 4:30am

NEWSBTC

A well-known cryptocurrency marks its anniversary by celebrating the milestones it has achieved over the years such as its incredible growth that made it one of the top digital assets in the space. In the last five years, Solana has attained nearly $1 trillion in DEX trading and processed more than 400 billion transactions. Related Reading: XRP $15 Breakout? Not A Far-Fetched Idea—Analysis Five Successful Years Since Solana was created on March 16, 2020, the crypto has grown to become one of the top 10 digital assets today. In an X post, Solana shared what it has accomplished over the course of its half-a-decade existence, citing that it has facilitated over 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 the relentless founders, devs, and nCMOs around the globe who have made Solana what it is today — 5 years in, we’re just getting started 🎊 pic.twitter.com/p89PynhjpJ — Solana (@solana) March 16, 2025 According to CoinGecko, Solana holds the 6th place in cryptocurrency in terms of market capitalization. Meanwhile, SOL occupies the 9th spot in the Coinbase crypto, which is based on relative market cap. “Thank you to all the relentless founders, devs, and nCMOs around the globe who have made Solana what it is today — 5 years in, we’re just getting started,” SOL said in a post. Solana Growth By The Numbers Analysts said that Solana, a crypto born together with the pandemic, owes its growth to its system which speeds up its transaction processing, allowing the digital asset to increase at a low cost. Data showed that since its mainnet went live in March 2020, the crypto has generated over 254 million blocks, adding that Solana has become a major force in the decentralized finance space. According to DeFiLlama, Solana has more than $7 billion in total value locked in its protocols. On the other hand, SOL’s stablecoin is also doing well after posting $11 billion. Although this figure is a bit lower than the $12.6 billion recorded in February 2025. In terms of market capitalization, Solana has about over $65 billion, which is a big drop from its peak of $127.5 billion. As of writing, SOL is being traded at $127 per coin, which is 1.2% down in the last 24 hours. Bouncing Back Market observers said Solana was greatly affected by the bear market in 2022 and the collapse of the crypto exchange FTX, wherein investors saw its mark cap plummet by 96% to only $3 billion. Sam Bankman-Fried’s FTX bought an estimated 58 million SOL tokens worth $7.4 billion at today’s value. However, in November 2022, FTX filed for bankruptcy, leading to a decrease in SOL’s price and hitting $8.30 per coin in December 2022. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? It might face many challenges in 2022 but SOL showed its resiliency and made an impressive comeback in 2023, growing its market cap from $3 billion to more than $140 billion, as of January 19, 2025. Featured image from Pexels, chart from TradingView

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SOLUSD Solana