Bittime - Messari predicts Solana (SOL) will experience rapid growth in 2025. With funding support of $173 million (around IDR 2.7 trillion), Solana coin is ready to dominate. This is the complete review.
Solana (SOL) is predicted to continue growing rapidly in 2025. The latest report from Messari, a leading research firm in the crypto industry, shows that Solana is preparing for a very strong year.
This is thanks to extraordinary achievements in funding and promising ecosystem innovation. In the third quarter of 2024, Solana managed to raise $173 million (around IDR 2.7 trillion) in funding, which is the highest amount since the second quarter of 2022.
This funding is one of the main indicators showing that this project will continue to attract the interest of large investors and institutions.
Messari Predicts Solana Will Continue to Grow
Through reports 2025 Crypto Theses released by Messari, they revealed that Solana is expected to continue growing. This is driven by the influx of large funds as well as increasing support from big players in the crypto world.
In addition, with increasingly relaxed regulations and the potential development of Solana spot ETFs, SOL's future growth prospects are increasingly bright. Increasing institutional interest and growing market momentum make Solana one of the strong candidates in capturing a larger share of the crypto market.
Read also: Is HBAR Better than XRP? Which one is better for investment?
Solana Funding Increases
One of the things that sets Solana apart from other blockchain projects is its ability to raise significant funding. In the third quarter of 2024, Solana managed to raise funding of $173 million (around IDR 2.7 trillion).
The funding numbers show a strong recovery following the impact of the FTX collapse in 2022. This was the highest funding quarter since Q2 2022, and signals that investors are again believing in Solana's huge potential.
With such large funds, Solana plans to launch various more innovative blockchain-based products and services. Some analyzes even predict that the price of Solana could reach very high figures, such as $4,000 (around IDR 64 million) in the next few years.
Firedancer and Solana Innovation in Improving Network Performance
Solana also further strengthened its position with the presence of Firedancer, a high-performance validator client developed by Jump Trading. Firedancer is expected to significantly increase the transaction speed and scalability of the Solana network.
While it will initially roll out on a limited basis in 2024, full implementation of Firedancer is expected to be completed in 2025.
The existence of Firedancer is expected to reduce dependence on one type of client code. This new technology will increase client diversity, and ultimately improve overall network performance and security.
Read also: Comparison of RLUSD Stablecoin Vs USDT and USDC
Solana Attracts Institutional Interest and Boosts ETF Demand
One sign of Solana's future success is increasing demand from institutional investors. Crypto discussions that once only included Bitcoin (BTC) and Ethereum (ETH) are now starting to put Solana on the radar of traditional market players.
Several large firms such as VanEck, Bitwise, and 21Shares have already started applying to launch a spot Solana ETF (Exchange Traded Fund). Demand for Solana ETFs from large companies indicates that Solana is increasingly being accepted as a mainstream crypto asset.
If this trend continues, it is possible that Solana will soon trade above $500 (around IDR 8 million) per coin. This will certainly be a big achievement for Solana.
Read also: SOL IDR or SOL USDT: Comparison for the Best Solana Investment?
Potential SOL Price Increases and a Bright Future
Messari also noted that Solana's price recently managed to break through the $215 level (around IDR 3.4 million), further strengthening its position in the blockchain market. Some analysts even predict that if the bullish momentum continues.
In fact, the price of Solana can reach $263 (around IDR 4.2 million). This level is close to the all-time high (ATH) that has ever been reached.
With As more applications and protocols are built on the Solana network, and with increasingly strong support from institutional investors, Solana's future in 2025 and beyond looks very bright.
Thus, for investors who see long-term potential, Solana could be one of the best choices in the crypto market. You can also buy SOL directly at Bittime, you know. Just click here, of!
FAQ About Solana
How Much Does 1 Solana Cost Now?
Currently, 1 Solana is worth approximately $214.48.
Is Solana Worth Buying?
Given Solana's current fundamentals and ongoing developments, many experts believe that Solana has the potential to be a solid long-term investment. A VanEck report predicts a staggering 10,600% price increase for Solana by 2030.
How much SOL is 1 US Dollar?
1 USD is equal to 0.0046 SOL. The current exchange rate of 1 United States Dollar is -1.62% against the SOL exchange rate in the last 24 hours.
How to Buy Crypto on Bittime
Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with CoFTRA, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Cek rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Additionally, visit Bittime Blog to get various interesting updates and educational information about the crypto world. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the world of crypto.
Reference
Coingape, Messari Predicts An Explosive Rise For Solana In 2025, Here's Why, accessed December 17, 2024.
coinmarketcap, Solana Coinmarketcap, accessed December 17, 2024.
Author: Y
Comments
0 comments
Please sign in to leave a comment.