Beyond the memes, what’s coming for Solana in 2025?
Solana needs to show the world that it has “serious” use cases too.
According to analysts, Solana is a “battle-tested” network.
Solana, one of the most prominent cryptocurrency networks of 2024, enters 2025 with a mix of expectations and challenges.
Although memecoins dominated their activity in the last year, bulletin analysts The Token Dispatch maintain that the network is ready to demonstrate its relevance in broader use cases and sustainable.
During 2024, Solana was positioned as the epicenter for the creation and commercialization of memecoins. This trend drove significant revenues, such as almost 400 million of dollars generated by the pump.fun platform.
This was achieved by allowing memecoins to be created without the need for prior technical knowledge. The platform provides a simple and intuitive interface that guides users step by step through the process.
However, this phenomenon not only attracted retail traders, but also institutions, which led to significant improvements in network infrastructuresays the bulletin.
Possible catalysts
Among the possible catalysts for Solana are the return of Donald Trump to the White House and a new chairman of the United States Securities and Exchange Commission (SEC).
Trump has promised to relax regulations for the cryptocurrency industry, crypto asset mining, and a strategic reserve of bitcoin (BTC).
Added to this is one of the main catalysts for the network and its cryptocurrency Solana (SOL), the possible approval of ETFs based on solana.
The companies that filed applications with the SEC to launch SOL-based ETFs are: VanEck, Canary Capital, 21Shares, WisdomTree and Grayscale.
In fact, the odds of a Solana ETF being approved in 2025 are 79% on Polymarket, a decentralized betting platform. measure opinion polls and are on par with surveys.
Technological innovation and security
On the technical front, Solana continues to address his “state growth problem” with a recent proposal such as SIMD-215that optimize the way you manage and scale your data and users.
In addition, the network has implemented advanced security measures with the system Winternitz Vaultdesigned to protect against future threats from quantum computing.
These innovations They position Solana as a more robust network compared to its competitors. According to analysts at The Token Dispatch, the network is demonstrating maturity and resilience at a time when traditional finance needs reliable solutions to handle high transaction volumes.
“The network has matured exactly when traditional finance needs a battle-tested, quantum-resistant blockchain that can handle retail volume without breaking a sweat.”
The Token Dispatch Newsletter.
Risks and challenges
However, the path is not without risks. The next implementation of Firedancer, a client that seeks to dramatically increase network capacity“could introduce unknown vulnerabilities,” the analysts indicate.
Although it promises to process more than 1 million transactions per second, Solana’s history of outages is causing caution among users and investors. It is worth remembering that the network created by Anatoly Yakovenko, has suffered falls in the past, a total of 7 between 2022 and 2024affecting traders and the price of their cryptocurrency on the main exchanges, as reported by CriptoNoticias.
Solana begins 2025 with a solid base of technological advances, but also with great challenges to overcome. The network has the opportunity to cement its reputation beyond memecoins, exploring serious use cases and strengthening its market position. In the meantime, developers and the community will continue to monitor its evolution.
