Following a major $314 million funding round conducted by pioneering crypto venture company a16z and Polychain Capital in June 2021, Solana has quickly established itself as a leading Tier 1 brand to follow. #SOL tokens outperformed the entire cryptocurrency market during 2021, reaching an ATH of $260 in November to end the year with an eye-popping 11,000% gain for their first holders. The Solana team highlighted the impressive growth compared to 2021 in the following key indicators: -Network security: 360 validators → 1,331 -BUIDL: 70 projects → 5,145 -NFT: 0 NFT → 5M -DeFi: $100M TVL → $11.4B -Total transactions: 10B transactions → 45.5B Solana also ended 2021 with a strong note on ESG, achieving carbon neutrality in 2021 by supporting the destruction of refrigerants, which is commonly cited as one of the main causes of global warming. Thanks to features including PoH, Solana has significantly increased efficiency: one transaction on Solana uses 1,939 joules compared to 7,412,400,000 for #BTC. The leading Solana #Phantom wallet has made a donation of $200,000 to SOL for Girls who Code, using the recently launched social platform Change, which also provides a convenient #NFT offset calculator. Solana's current DApp leader and the NFT Magic Eden marketplace ended 2021 on a good note: 24-hour transactions tripled OpenSea during October and November. #Solana has deployed bridges for Fantom and Ethereum through partnerships with #Certus One and Allbridge, and has also added a cryptographic payment system called #SolanaPay so that users can make payments using #USDC from participating merchants.
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