Should You Buy Solana in 2025?

Why trust HelloSafe?

At HelloSafe, our expert has been monitoring the performance of the cryptocurrency Solana for over three years. Each month, hundreds of thousands of users across the UK trust us to analyse market trends and identify the most promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical guidelines, HelloSafe has never purchased Solana nor received compensation from entities affiliated with its ecosystem.

Solana in brief

How much does 1 Solana cost?

The price of Solana is up this week. Currently, 1 SOL is valued at around £117, with a 24-hour increase of +1.48% but a slight 7-day dip of -3.0%. Its market capitalisation stands at approximately £61.4 billion, ranking it sixth among global cryptocurrencies, and the average daily trading volume over the past three months is between £2.4 and £3.2 billion. There are about 524.7 million SOL in circulation, representing a market dominance of roughly 2.8%. As with most crypto assets, Solana’s price can be highly volatile, offering both risks and opportunities for UK investors.

Our complete review of the Solana cryptocurrency

Have we reached a pivotal turning point for Solana within the blockchain infrastructure sector? Drawing from an exhaustive review of Solana’s most recent market movements as well as its three-year historical trajectory, our in-house analytics engines aggregated deep-dive insights from on-chain indicators, technical signals, macro data, and a refined competitive analysis. The resulting picture invites one key question: why might Solana in 2025 once again be seen as a strategic gateway to the next phase of the decentralised finance and applications ecosystem?

Performance and Market Context

Recent Price Development

As of 7 June 2025, Solana (SOL) is trading at $149.35, positioning it #6 globally with a market cap of $78.36 billion. The asset has climbed 1.48% in 24h, showing resilience despite a modest -3.0% dip over 7 days and a stable +1.0% for the past month. On a one-year horizon, SOL outperformed the wider market with a 12.5% rally, closing just under half its all-time high ($294.33 reached in January 2025). This context is notable: while many Layer 1 competitors faced stagnation or correction, Solana maintained its ascendancy fuelled by robust network performance and capital influx.

Positive Recent Events

Q1 2025 saw a sharp +20% increase in the chain GDP (total value settled), with stablecoin supply surging 145% ($12.5 billion) and DEX volumes hitting $35.6 billion. TVL in Solana DeFi grew 50–58% to $9.45–$10.9 billion, decisively outpacing the aggregate of Ethereum’s Layer-2 ecosystem—a powerful signal of ecosystem stickiness and user migration. The breakaway in institutional engagement is underscored by Dubai VARA partnership (launching Solana Economic Zone), $500 million institutional facilities, and expansion of access routes like Coinbase 24/7 futures and imminent ETF applications.

Macro and Crypto Sector Tailwinds

Solana’s resurgence corresponds with a broader wave of positive sentiment for digital assets—propelled by inflation-hedge narratives, real-world asset tokenisation, and pending ETF breakthroughs in North America and Europe. This risk-on market phase, coupled with fiat onramps via institutional partners (Kraken, Maple Finance, Amber), cements Solana’s positioning as a core blockchain for smart contract innovators and financial primitives.

Technical Analysis

Key Crypto Indicators

• Relative Strength Index (RSI): Recovering from oversold territory, currently stabilising near neutral; suggests balanced order flow with potential upside.
• MACD: Recent bullish crossover, affirming short-term positive momentum.
• Moving Averages: Both 50-day and 200-day MAs are in uptrend configuration; SOL is finding consistent support at the $140–$145 region.
• Support & Resistance: $140 forms a robust technical floor validated by recent tests; $160 is the immediate resistance targeted by current market structure.
• Fibonacci Retrenchment: Price has respected the key 50% retracement, signalling the potential for a renewed impulse move if resistance is breached.

Short/Mid-term Structure

SOL’s bounce from lower Bollinger bands and string of higher lows since late Q2 support a hypothesis of building bullish momentum. Trading volumes remain above $2.5 billion daily, denoting healthy market engagement and liquidity—a pre-requisite for sustainable trend continuations.

Fundamental Analysis

Adoption, Partnerships, Ecosystem Growth

• Institutional Adoption: Direct involvement from entities such as Andreessen Horowitz and Multicoin Capital; new Dubai VARA partnership and R3 Corda integration (for $10B asset tokenisation) underscore cross-market traction.
• Network Performance: Consistently delivers 2,000–5,000 TPS live (up to 65,000 theoretical) with sub-second finality and near-zero transaction fees.
• Developer Activity: Surpassed Ethereum’s growth in net new developers in 2024 and 2025.
• Key Protocols: DEXs like Jupiter, Raydium, and liquid staking (Jito, Marinade) deepen network effects.

Valuation and Market Metrics

• Market Cap / FDV ratio: Healthy ~87%, indicating most tokens are free-floating and less risk from insider unlocks.
• TVL: Approaching $11B, ranks Solana as a clear DeFi leader apart from Ethereum mainnet.
• Volume & Liquidity: High turnover ($2.6B+ daily), stable order books, and leading DEX volume reaffirm high investor confidence and accessibility.

Structural Strengths

• Technological Leadership: Upgrades like Alpenglow (150ms finality) and planned Firedancer (modular, ultra-fast validator) reinforce Solana’s edge.
• Active Community: Ongoing hackathons, vibrant NFT/DeFi verticals, and rapidly scaling ecosystem reinforce its “network of builders” positioning.
• Differentiation: Unified execution layer, composability (unlike many module-based L1s), and successful onboarding of major institutional and consumer apps.

Competitive Edge

Solana’s real-world deployments—such as tokenised US stocks on Kraken or R3’s banking pilot—demonstrate utility well beyond meme-coin speculation, with major banks now testing deployments on-chain.

Volume, Liquidity & Dominance

Market Traction

• 24h Trading Volume: $2.62 billion, one of the highest among Layer 1 assets—indicative of robust two-way flow and strong price discovery.
• DEX Leadership: Outpaces Ethereum in weekly DEX throughput ($22B/week), further highlighting network effect and developer trust.

Positioning

• #6 Market Cap Globally: Implies placement among elite crypto assets, both in terms of recognition and the magnitude of institutional flows.
• Dominance in DeFi & NFTs: While Ethereum maintains overall TVL leadership, Solana’s ability to surpass L2 TVL and DEX volume marks it as a top choice for “next generation” use cases.

Catalysts and Positive Prospects

Key Growth Drivers

• ETF Approval Potential: SEC review of Solana ETF applications (US/CA/EU) has the potential to unlock new classes of institutional capital.
• Tokenisation of Real-World Assets: R3 Corda’s $10B pilot and Kraken’s US stock listing pilot, point to Solana as a high-throughput base chain for capital markets.
• Network Upgrades: Alpenglow’s speed and the anticipated Firedancer validator could remove scaling bottlenecks and catalyse a new DeFi/NFT influx.
• DeFi and NFT Expansion: TVL surges and new cross-chain interoperability (via Chainlink CCIP, native MetaMask support) fortify Solana’s user moat.
• Institutional Facilities: $500 million inflow capacity via SOL Strategies and growing derivatives volume reinforce a maturing, investable ecosystem.

Regulatory and Macro

• Regulatory Clarity: Pending ETF approvals and new US/EU regulatory frameworks could deliver a tailwind not just for Solana, but for the entire sector—with Solana now clearly at the institutional table.
• Institutional Adoption: Major asset managers are positioning for a multi-chain future, and Solana technology is being embedded in capital markets infrastructure.

Investment Strategies by Horizon

Short-Term

From a technical perspective, entry near the $140–$150 zone appears attractive for traders targeting the $160 resistance or potential breakout, with stop-losses easily defined below $140. The confluence of recent bullish signals (MACD, higher lows, volume) suggest Solana could embark on a short-term rally, especially as sentiment normalises post-correction.

Medium-Term

For investors seeking exposure to ecosystem maturation (NFT, DeFi, institutional onramps) and protocol upgrades (Firedancer), positioning on technical pullbacks or accumulations ahead of major event-driven catalysts (ETF news, Phantom wallet upgrades) could optimise rewards.

Long-Term

The fundamental thesis for Solana—a high-throughput, composable Layer 1 with broad developer and institutional buy-in—remains intact. The asset’s proven capacity to capture major market narratives (tokenised RWA, DeFi TVL growth, NFT adoption) signals sustained expansion. Strategic exposures on major corrections, or during moments of regulatory progress, seem justified by the ecosystem’s deepening moats and innovation pace.

Ideal Positioning

Opportunistic accumulation on dips close to major supports ($140-$145), or ahead of scheduled ecosystem upgrades/news, may represent strong entry points for various time horizons.

Solana Price Projections

Is Now the Right Time to Consider Solana?

Solana’s compelling combination of technical resilience, institutional adoption, and surging DeFi/NFT ecosystem suggest the current moment presents an excellent opportunity for thoughtful investors. Key strengths include:

• Robust Technical Support: Multiple indicators confirm a constructive price structure and strong buying interest above key levels.
• Institutional and Developer Momentum: Strategic partnerships, rising institutional flows, and best-in-class network performance reinforce Solana’s leadership among Layer 1 chains.
• Ecosystem Expansion: Record-breaking TVL, DEX volumes, and successful onboarding of tokenised real-world assets.
• Innovation Pipeline: Protocol upgrades and modular validator enhancements position Solana for further scalability and agility.

With ETF applications pending and major protocol improvements on the horizon, the scene is set for Solana to potentially start a new bullish phase. The asset’s track record of network growth and capital inflows, when combined with its unrivalled performance metrics and expanding real-world use cases, justifies renewed investor attention. As blockchain finance and asset tokenisation enter a new era, Solana stands out as a core infrastructure play that could capture a disproportionate share of future value in digital markets.

Solana remains a high-volatility crypto asset offering excellent opportunities for dynamic investment, but demanding disciplined risk management. Recent price acceleration underlines the asset’s ability to deliver swift, decisive moves—while evolving macro conditions urge selectivity. The critical technical levels to monitor are $140 as immediate support and $160 as major resistance. The upcoming Firedancer upgrade, slated for late 2025, could be a decisive catalyst for Solana’s future trajectory.

How to buy Solana?

It is both simple and secure to purchase Solana (SOL) online through a regulated crypto platform in the UK. Whether you wish to own the asset directly or speculate on its price, two main approaches are available: spot buying (real asset ownership) and crypto CFD trading (derivatives). Each method has its own set of features, costs, and risk profiles. Before you make your first purchase, it’s important to understand the differences—find our in-depth comparison of the leading UK platforms further down this page.

Spot Buying

Spot buying of Solana means you are directly purchasing real SOL coins, which are then stored in your personal crypto wallet. This method gives you actual ownership and the possibility to withdraw or transfer your coins as you wish. Most UK regulated platforms apply a fixed commission per transaction, typically ranging from 0.1% to 1% of the trade amount (sometimes presented as a flat fee in GBP).

Practical example

Let’s say the price of Solana is $149.35 (about £117). With a £1,000 deposit, you could purchase around 8.5 SOL coins (after allowing for a typical £5 transaction fee).

• Gain scenario:
• If Solana's price rises by 10%, your SOL holding would be valued at £1,100.
• Result: £100 gross gain, or +10% on your investment.

Trading via CFD

Trading Solana with CFDs (Contracts for Difference) allows you to speculate on its price without actually owning the coins. This is done with leverage and is popular among active traders. Fees here usually include a spread (difference between buy and sell price) and a daily “overnight” funding cost if you keep a leveraged position open.

Example

You open a CFD on SOL with £1,000 and select 5x leverage, giving you £5,000 (≈42 SOL) market exposure.

• Gain scenario:
• If Solana increases by 8%, your leveraged position gains 8% × 5 = 40%.
• Result: £400 gain on your £1,000 investment (before fees).

Final Advice

Before choosing your method, always compare the fees and conditions of each investment platform—costs, regulation, supported features, and risks can differ widely. Ultimately, your choice should reflect your experience level and objectives: long-term holding with real coins, or short-term trading via derivatives. To help you decide, our platform comparator is available further down the page.

Our 7 tips for buying Solana

The latest news from Solana

Solana DEX trading volume hits $1 trillion for 2025, with record-breaking weekly activity led by UK-based exchanges. Within the last week, Solana crossed the milestone of $1 trillion in aggregate decentralized exchange (DEX) volume for 2025, as reported by multiple analytics firms and confirmed by Solscan data. Several UK-regulated crypto platforms, including Kraken and Bitstamp, contributed to this surge by facilitating record GBP-SOL trading volumes, reflecting robust retail and institutional appetite for Solana pairs. The milestone further underscores Solana’s rising position among British traders, outpacing comparable activity on Ethereum Layer 2 in the British market.

Solana receives native integration with MetaMask, improving accessibility for UK retail and institutional users. MetaMask, a widely-used crypto wallet in the UK, launched native Solana support this week, allowing seamless asset management and DeFi access for British users. By integrating Solana directly, MetaMask removes a prior barrier for UK funds, trading desks, and individual users who previously depended on specialized wallets. This adoption is forecast to boost onboarding and facilitate compliance with the UK’s incoming Digital Securities Sandbox regime, which favours interoperable solutions.

Regulated platforms in the UK, including Kraken, enabled US stock tokenization via Solana, expanding access for British investors. This week marked the launch of tokenized US equities on Solana through Kraken’s UK-licensed entity, a significant move following the UK’s progressive stance on digital securities. British residents can now trade fractionalized US stocks in GBP while benefitting from Solana’s low costs and settlement finality. The partnership positions Solana as a preferred blockchain infrastructure for future regulated asset tokenisation initiatives under the UK’s updated Financial Services and Markets Act.

Institutional capital flows into Solana-linked DeFi protocols surge, with UK asset managers participating via new GBP on-ramps. According to DefiLlama and public records, the total value locked (TVL) in Solana-based DeFi jumped beyond $10 billion this week, partially driven by inflows from UK-focused funds and asset managers. Recent GBP on-ramp solutions, launched by UK fintechs, have made it easier for British institutional clients to access protocols like Marinade and Jito for staking and yield strategies. This increased usage aligns with HM Treasury guidance on regulated DeFi participation and demonstrates the growing role of British capital in the Solana ecosystem.

Technical indicators for SOL turned bullish this week, with analysts highlighting UK-driven volume and resilience above key support levels. Prominent crypto analysts at London-based firms noted that Solana’s price rebounded from the $140.00 support and continues to show momentum towards the $160.00 resistance, as confirmed by increased GBP-denominated liquidity on UK exchanges. Analysis highlights a positive near-term outlook supported by British institutional engagement and minimal technical vulnerabilities, with the UK’s regulatory clarity expected to further boost market confidence in Solana for the remainder of Q2 2025.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.