Solana in 2025: Should You Invest?

You must have been hearing about Solana’s massive wave in the crypto space. Everyone seems to be talking about it and its “green” potential. Investing in Solana right now should be a data-backed decision rather than an emotional one.

This blog post covers everything you need to know about Solana’s growth, tech, and potential in 2025.

Solana Growth: What To Know Before Investing In Solana

According to CoinLedger, as of September 17, 2024, the number of daily active users of Solana stood at 3.25 million compared to Ethereum’s 410,000+. Daily transactions with Solana were reaching about 36 million.

Why should this matter to you? Solana has risen through the ranks in a short time to be one of the most in-demand crypto choices among users. This trust is born from the innovation Solana brings with it.

Once, Solana (SOL) couldn’t compete with Bitcoin and Ethereum. Now, the high-speed blockchain is making headlines as one of the fastest-growing projects in the crypto ecosystem.

It even earned itself the name “The Ethereum Killer.”

So if you want to know what Solana is and if you should invest now, this article helps to clear doubts in your mind. You’ll know what Solana is, why it matters, how it’s growing, and what to consider before investing in it.

What is Solana, and Why Does It Matter?

Let’s start with the basics, no tech mumbo jumbo.

Solana is a super-fast blockchain platform launched by Anatoly Yakovenko in 2020. It is used for sending and receiving value, building apps, or minting NFTs.

The Solana blockchain is designed to be cheap, scalable, and fast. It supports smart contracts with the creation of decentralised applications.

There are a few factors that set Solana apart, such as

Speed: Solana can process over 2,600 transactions per second (TPS). Compare that to Ethereum’s 15 TPS.
Low Fees: The average Solana transaction costs about $0.00025.
Unique Tech: Solana uses a hybrid consensus system, Proof of History (PoH) + Proof of Stake (PoS). PoS lets coin holders help confirm transactions, and PoH makes the process faster.

Why is Solana Growing So Fast?

Solana’s growth has been data-backed. Here’s why people are paying attention:

1. Developer Support

In 2024, Solana became the top blockchain ecosystem for new developers, attracting 7,625 new devs. That’s a remarkable 83% year-over-year growth. This marked the first time since 2016 that any ecosystem surpassed Ethereum in this metric.

2. Booming Ecosystem

NFTs: Solana’s NFT market has been thriving, with total transaction volumes surpassing $1.5 billion. In December 2024, NFT sales on Solana reached $100 million, indicating a significant rebound in the market.
Gaming & DeFi: Projects like Star Atlas, Drift Protocol, and Orca are leading innovations in gaming and decentralised finance on the Solana network.
Payments: Solana Pay is helping businesses to accept USDC payments directly, with no traditional intermediaries, at a low cost. This has significantly boosted global stablecoin adoption across diverse markets.

3. Community-Led Momentum

Solana’s community is vibrant and actively contributes to its growth. The ecosystem’s expansion is evident in various sectors, including DeFi, consumer applications, and payments.

Solana’s DeFi Total Value Locked (TVL) grew by 26% quarter-over-quarter to $5.7 billion, ranking it third among networks.

As of May 2025, Solana’s numbers stand at;

$80B+ Market Cap
3.25M Daily Active Users
35M+ Daily Transactions
$ 3.2B+ TVL (Total Value Locked)

Solana vs Ethereum: The “Ethereum Killer” Debate

Solana isn’t out to kill Ethereum; it’s just built differently. Ethereum is wiser and more established. But Solana is faster and pushing boundaries. There’s room for both.

Feature	Solana	Ethereum (Post-Merge)
Speed (TPS)	Over 2,600 transactions per second	Approximately 15 transactions per second
Avg. Fee	$0.00025	$0.50–$5 (depending on network)
Consensus Model	PoH + PoS	PoS
Popular For	Fast payments, NFTs, and gaming	DeFi, smart contracts, dApps
Network Stability	Improved (Firedancer upgrade)	More stable, but slower

Is Solana a Good Investment in 2025?

This is the million-dollar question. Here are a few insights on whether Solana is a good investment in 2025.

1. Investors Are Bullish on Solana

High Performance: It’s arguably the fastest blockchain around.
Ecosystem Growth: From NFTs to DeFi, it’s not just surviving—it’s thriving.
Mainstream Use Cases: Payments, gaming, tokenised assets.
Institutional Interest: Grayscale, Pantera Capital, and other big players hold SOL.

But is Solana all a bed of roses? Here are some potential risks:

Network Outages: Past issues with uptime still concern investors.
Heavy Competition: Ethereum, Avalanche, Sui, and others are chasing similar goals.
Regulatory Pressure: Like all crypto assets, SOL may face regulation globally.

Tips Before Investing in Solana

While Solana might be considered a prospective investment at this point, it won’t hurt to guard yourselves with these tips before investing in Solana.

Here are some top tips to consider before investing in Solana:

Start Small & Learn As You Go: Don’t dump your savings. Start with what you’re willing to risk.
Pick a Secure Wallet
Buy from Trusted Platforms
Keep Up With News: Crypto moves fast. Set alerts, follow Solana on X (Twitter), and subscribe to updates on Solana.com.
Diversify Your Portfolio: Don’t go all-in on Solana. Mix it with BTC, ETH, maybe some stablecoins.

Final Thoughts

If you believe in the future of faster, scalable, user-friendly blockchains and you’re okay with the ups and downs, then investing in Solana is not a bad idea.

It’s not perfect, but it’s powerful. And it’s growing in all the right directions. Don’t invest blindly; follow our tips.

Check More On Dtunes

Resources

Frequently Asked Questions (FAQs)

1. How much is 1 Solana to Naira today?

As of May 2025, 1 Sol = NGN 262,860.84.

2. What is the future of Solana coin?

Solana’s future is generally viewed as positive, with potential for significant growth. Experts anticipate that Solana’s price could reach $500 by the end of 2025 and potentially surpass $1,000 by 2031, driven by factors like increased DeFi usage, dApp adoption, and institutional interest.

3. Is Solana coin a good investment?

Solana has gained recognition as a strong competitor to Ethereum, often referred to as an “Ethereum Killer.” Its rapid rise has drawn significant interest from both investors and users, making it an appealing choice in the bustling crypto market.

4. Will Solana rise in 2025?

The Solana price forecasts are based on factors such as network usage, general market sentiment, and technological progress. Bullish analysts expect a price increase to up to $380 by the end of 2025, supported by institutional interest and growing adoption in the DeFi and NFT sectors.

Solana in 2025: Should You Invest?

Solana Growth: What To Know Before Investing In Solana

What is Solana, and Why Does It Matter?