Solana Dominates Blockchain Activity in 2025 with Growth in Institutional ETFs and User Base

Solana's Market Position: In 2025, Solana has captured 26.79% of blockchain traffic, nearly doubling the attention of competitors like Base and Ethereum, driven by real on-chain activity and user engagement.

Price Behavior and Technical Structure: Solana (SOL) is trading within a descending channel, holding support near $128, indicating consolidation and potential bullish expansion with projected upside targets around $146, $206, and $229.

Institutional Interest and ETFs: The Solana ETF market has grown significantly, with total assets exceeding $900 million, featuring products like the Bitwise Solana Staking ETF and Fidelity Solana Fund, catering to both US and European investors.

Global Expansion: Valour's approval to launch Valour Solana (VSOL) in Brazil marks a strategic move to expand institutional exposure in Latin America, reflecting strong interest and support for Solana's adoption and liquidity.