This year was successful for Solana, with a network activity increase of 83%. The year 2025 is anticipated to be pivotal for launching an exchange-traded fund (ETF) for this popular cryptocurrency.
Solana Network Activity
Last year, activity in the Solana ecosystem increased by 83%. This was driven by the hype around meme coins and artificial intelligence projects, which played a significant role in the first half of the year.
Comparison with Ethereum
In the last quarter of the year, decentralized exchanges on Solana twice surpassed their competitors on Ethereum. However, Ethereum remains the leader in launching spot ETFs, consistently outpacing Solana in this aspect.
Predictions for Solana ETF in 2025
Recently, Nate Geraci, president of ETF Store, predicted that 2025 might be the year for a Solana ETF launch. Geraci also highlighted the significant interest in crypto-related ETF launches, featuring Bitcoin and Ethereum.
Expectations for 2025 are high for Solana, and crypto ETFs continue to garner interest. The ball is now in the regulators' court.
