Interest in Solana (SOL) has been growing in recent months, with expectations of significant growth by the end of 2025. Experts note several factors contributing to this.
Analysts' Predictions
Many analysts, including renowned cryptocurrency analyst Scott Melker, believe Solana has a strong chance to return to the spotlight. He claims that months of silence may soon turn into a booming rally in late 2025.
Market Data for Solana
The increase in Solana's futures open interest rose by approximately 25% over three days, indicating rising interest in the asset. Additionally, DeFi metrics in the Solana ecosystem reached an all-time high.
Factors Supporting Growth
Melker highlights three main narratives that could fuel Solana's rise: the network's transaction speed advantages, growing treasury initiatives, and potential ETF inflows. These factors create a favorable environment for growth.
According to current trends in the market and analysts' opinions, Solana may expect significant attention from investors by the end of 2025.
