This year has definitely been a good year for Solana (Sunday)if we choose which altcoin is any cryptocurrency - besides Bitcoin (BTC). Network activity in the Solana ecosystem increased by 83% last year, and there are various reasons for this, from the hype around meme cryptocurrencies to AI projects, which also played an important role in the first half of the year, making the dynamics of Nvidia and SOL quotes very similar.

And in the last quarter of the year, decentralized exchanges on Solana twice outperformed competitors on Ethereum - for example, on November 22, the trading volume of the first exceeded $ 100 billion.

There is one area where Ethereum, as the king of altcoins, still holds sway over Solana, and that is the launch of the Ethereum Instant ETF – an instrument that was previously only available to Bitcoin. While applications for a Solana ETF were immediately placed by issuers in the spring, there is still no such solution, and this year will pass without one.

Solana forecast 2025

However, as it seems, 2025 may become the year when the market will finally see an exchange-traded fund for the popular alt-cryptocurrency. At least this prediction was made recently by Nate GeraciHead of ETF Shop.

This is also the period that the majority of cryptocurrency market participants have assigned to the Solana ETF, based on the change of administration in the United States and, in particular, the Securities and Exchange Commission.

The stakes are as high as never before in 2025. Aside from that, Geraci also highlighted the interesting fact that the eight largest ETFs launched in 2024 are now all linked to cryptocurrencies, and they include four Bitcoin ETFs. , two Ethereum spot ETFs, and two. ETFs hold shares of MicroStrategy, currently the second-largest holder of Bitcoin. This is among nearly 740 new ETFs.

The demand for continued cryptocurrency ETFs is certainly there, and the ball is now in the regulators' court.