My crystal-ball abilities will be put to the ultimate test in this coming year.
Here are five Solana 2025 predictions as we move from 2024 to 2025.
1. Elon Musk’s X is launching a native Solana Token
It’s time. Crypto fans predicted that Elon Musk, a dogecoin enthusiast who bought Twitter in the year 2022 would bring crypto to the platform. Musk has rebuffed these predictions so far, but the new Trump administration is expected to ease US crypto regulation and include crypto-friendly voices at the table. I now believe an X token will be released.
“Crypto Twitter” Musk’s companies hold cryptocurrency on their balance sheet. Musk and Bridge’s stablecoin buddies could provide a cheap on-ramp for X premium users to use the X Token. Solana is able to provide the low transaction costs and high-throughput required for this.
To sweeten the deal, Solana Blinks could make ecommerce happen natively on X without users leaving the app — a feature from which TikTok recently found success. Why not include currency in the X moniker?
2. Solana’s market capitalization for stablecoins will quadruple
Solana onchain demand and volume exploded in 2024 but stablecoins did not. According to DeFiLlama, the blockchain houses approximately $5 billion worth of stablecoins. This places it in fifth place among all blockchains after Ethereum, Tron BSC and Arbitrum.
It’s partly because Solana transactions don’t often require stablecoins for memecoin trades, but stablecoins can still play a role in some other scenarios like DePINs or payments. Solana is poised to grow in 2024, with startups such as Perena and Lulo focusing on increasing the Solana stablecoin market share and major issuers including PayPal and Sky joining the network.
Solana stablecoin’s market capitalization will reach $20 billion at the end the year. This is 4x higher than its current value. Solana’s stablecoin market cap would remain far behind Ethereum at $110 Billion.
3. Solana’s ETFs approved but underperform Ethereum
It’s time to be honest: I don’t think solana ETFs are a good investment.
The SEC, under the leadership of Paul Atkins, is likely to approve solana funds this year. However I do not think SOL ETFs will find much interest.
Crypto ETFs exist to provide investors with regulated crypto access within brokerage accounts. This makes sense with bitcoin. The Bitcoin is a good example. “digital gold” It is the biggest crypto and boomers may be curious to allocate 1% of their assets just to watch what happens. It’s partly because of their novelty that Ether-based ETFs are doing well. However, it has been difficult to convince investors to invest in them.
Solana’s boomer is less than BTC and ETH. Many SOL investors seem more inclined to use Coinbase or Phantom than their retirement funds. James Seyffart, Bloomberg, said that by the time SOL’s ETFs are approved, BTC/ETH, Litecoin and HBAR will also be ETFs.
All I am saying is that there are reasons why BlackRock and Fidelity have not yet filed for SOL-ETFs. ETH-ETFs received $35 billion worth of new money in the first five months. SOL ETFs are likely to have lower inflows during their first five-month period.
4. Pump.fun does not collect the largest fees from memecoin platforms
Pump, the launchpad for memecoins, has seen an unprecedented increase in popularity this year. Pump has generated over $330 million since its launch in 2024. Pump.fun has had multiple versions that claim to be better, yet no one is able to take the top spot in the memecoin market.
All good things have to end and pump.fun may be replaced this year by a new app. Speculative platforms tend to have a short shelf life in crypto — just ask the investors who valued OpenSea at $13.3 billion in 2022.
The majority of the volume generated by Solana this year will not be pump.fun. The heir obvious will probably be AI-related, if I was to guess.
5. Solana won’t experience any major power outages
Solana is four years old and has already experienced several outages. It might seem naive, but I do not think that there will be another outage in 2025.
Firedancer — a unique Solana-client, will remove the training wheels and increase Solana throughput by a great deal this year. It will also create many unseen risk factors that may bring down the entire chain.
Solana has experienced fewer outages in the past two year, possibly because its developers have learned from mistakes made before. Anza, the Solana Labs’ spin-off created recently an invalidator group to stress-test the network. Jump’s Firedancer was built over many years, with multiple phases of rollout.
Another 12 months without outages?
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