Solana Marks Sixth Anniversary Since Mainnet Launch in March 2020

The network said its first block was produced on March 16, 2020, and highlighted its current lead in decentralized exchange activity, stablecoin usage, transactions, and active addresses.

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Summary

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Terms & Concepts
  • DEX (decentralized exchange): A blockchain-based trading venue that lets users swap assets directly without a centralized intermediary.
  • Stablecoin: A cryptocurrency designed to track a relatively stable asset, commonly the U.S. dollar.
  • Active addresses: Blockchain wallet addresses that send or receive transactions over a given period, often used as a network activity metric.