#BinanceTurns8 # 🔥 The History of Solana: From Whitepaper to Powerhouse
Solana isn’t just fast—it has one of the most ambitious origin stories in crypto.
Here’s how it became a top blockchain in just a few years 🧵👇
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### 🧠 2017
Anatoly Yakovenko drops the *Proof of History* whitepaper—a decentralized clock to make blockchains FAST.
He joins forces with Qualcomm & Dropbox engineers to build **Solana Labs**.
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### ⚙️ 2020
📡 **Mainnet Beta launches**
⚡ Handles 50,000+ TPS
💸 Near-zero fees
🌐 Not an ETH fork—built from scratch
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### 📈 2021
💥 SOL price surges from \$2 → \$260
🎨 NFTs boom: Degenerate Apes, Aurory
🧪 DeFi grows: Raydium, Serum
💰 TVL crosses \$10B
🚀 Labeled the “Ethereum Killer”
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### 🧨 2022
* Network outages
* FTX collapse (huge impact)
* SOL drops under \$10
But the builders stayed.
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### 🔁 2023–2024
✅ **Firedancer** validator (by Jump) boosts network
📱 **Saga** – world’s first Web3 smartphone
🛍️ **Solana Pay** goes live
📊 Ecosystem rebounds stronger than ever
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### 🏛️ 2025
📈 CME launches **Solana futures**
📦 Spot SOL **ETFs filed**
🔗 DePIN, GameFi, Mobile, AI growth
🔥 Over **400B transactions** processed
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### TL;DR:
Solana has faced hype, crashes, and criticism—
But it’s still standing… and **scaling fast**.
Next stop?
📲 Mass adoption.
💼 Institutions.
🚀 A true Web3 infrastructure chain.
