Solana’s 5-Year Journey: From Breakdowns to Breakthroughs, and What’s Next | BrandTalk

Quick Summary:

Solana, the prominent Layer-1 blockchain, is marking its 5th anniversary today since its first Solana block was built on March 16, 2020.

Though it was founded in 2017 by Anatomy Yakovenko alongwith Raj Gokal under the brand name of Solana Labs, its Mainnet was launched in 2020, pioneering the Proof-of-History (PoH) concept.

Its journey particularly received a green light when in July 2019, Solana received $20 Million in funding, led by Multicoin Capital.

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets: India

Topics: Crypto Blockchain Transactions Transaction Capital Solana Ecosystem Solana’s Multicoin Network Defi

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 11:35:58 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 1251 words

Reading Time: 7 minutes read

Sentences: 69 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27081494

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 16 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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