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International Business Times
International Business Times
Business
Marvie Basilan

HISTORICAL FACTS: Solana marks 5 years with 408 billion transactions sol down 7 | History Defined

Solana is celebrating five years since its mainnet launch and the genesis block was created. (Credit: Solana on X / Video Screenshot)

KEY POINTS

  • The Solana team said the blockchain logged over 408 billion transactions with more than 1,300 validators
  • Solana has been in controversy in recent months following rug pulls around Solana-based meme coins
  • $SOL was down nearly 7% Sunday night, with its chart reflecting a downtrend throughout the day

The Solana blockchain is celebrating five years since the initial launch of its mainnet beta, marking another milestone in the network's journey toward broader adoption and further growth.

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