The most important Solana milestones

Despite being a relative newcomer to the cryptocurrency scene, Solana has made significant strides since its 2020 launch and reached several major milestones in the meantime. Here is a list of important dates and events from Solana’s eventful past:

  • November 2017 – Co-founder Anatoly Yakovenko publishes an initial whitepaper detailing a new timekeeping technique for decentralized networks dubbed Proof-of-History (PoH)
  • February 2018 – First Solana internal testnet and official whitepaper get released after Greg Fitzgerald partners with Yakovenko
  • March 2020 – The “Genesis” block is created
  • June 2021 – Solanart becomes the first NFT marketplace deployed on the Solana blockchain
  • September 2021 – Bloomberg proclaims Solana as a “long-term rival” of Ethereum due to the network’s high throughput and low costs
  • December 2021 – Melania Trump, the former First Lady of the US, announces plans to launch its NFT collection using Solana
  • May 2022 – The Solana network experiences a series of power outages caused by consensus issues and NFT-induced network congestion