Should You Buy Solana in 2025?

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At HelloSafe, our expert has been closely monitoring the evolution of Solana cryptocurrency for over three years. Every month, hundreds of thousands of users across Australia trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided strictly for informational purposes and do not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Solana or received any compensation from entities associated with its ecosystem.

Solana in brief

How much does 1 Solana cost?

The price of Solana is up this week. As of today, Solana (SOL) trades at approximately $229.80 AUD, with a 24-hour gain of +2.83% but a weekly movement ranging from -2.65% to -6.12%. Its total market capitalisation stands at about $120.7 billion AUD, ranking it 6th globally, while the circulating supply is 524.81 million SOL.

Over the past three months, average daily trading volume reached $4.0 billion AUD, and Solana captures around 3.3% of the entire crypto market.

Keep in mind, Solana’s rapid ecosystem growth and historical price swings can offer both opportunities and risk for investors.

Our complete review of the Solana cryptocurrency

Have we reached a pivotal moment for Solana? After an exhaustive review of Solana’s latest price dynamics, three-year on-chain growth, and competitive landscape—leveraging our proprietary aggregation of technical signals and market data—the evidence points to a rapidly evolving profile for this leading Layer 1. The fusion of robust fundamentals, resurgent momentum, and ecosystem innovations positions Solana under a renewed investor spotlight. So, what makes Solana a potentially strategic entry point within the smart contract ecosystem as 2025 unfolds?

Recent Performance and Market Context

Solana’s current price trajectory, trading at $152.15 USD as of June 7, 2025, highlights both resilience and upside potential. The token has demonstrated a robust multi-month performance, briefly touching an all-time-high at $294.33 in January before consolidating in the $140–$160 zone. Daily trading volumes remain exceptionally high—$2.63 billion USD—reflecting growing institutional and retail engagement.

• The launch of multiple Solana spot ETFs (Purpose Investments, CI Global AM) and Solana futures contracts in Brazil, enhancing accessibility and market legitimacy.
• Major partnerships with Amber International (institutional treasury management), DeFi Development Corp, Dubai VARA (new economic zone), and a $30M credit line with Maple Finance.
• Ecosystem TVL soaring above $8.36B (+500% in 18 months), making Solana the #3 blockchain by locked value.
• Ongoing global regulatory tailwinds, notably fast-tracking ETF approvals and opening doors to institutional capital.

The broader macro environment remains supportive, with DeFi and on-chain activity on the rise, and Solana’s ecosystem is well-positioned to benefit from the increasing real-world adoption and blockchain integration into traditional finance.

Price Evolution Overview

• ATH (Jan 2025): $294.33
• Current (June 2025): $152.15
• 6M trend: Robust rebound off Q1 highs, with healthy rotations and accumulation.
• 24h, 7d Volatility: Lower than previous cycles, suggesting maturing market structure.

Technical Analysis

Momentum & Chart Structure

Solana’s technical picture is constructive. Key takeaways from the most recent chart analysis and on-chain indicators:

• Solid support at the $140–$147 range, repeatedly validated since late April, anchoring the current consolidation phase.
• Resistance sits at $160; a break above this level could trigger a return toward the $200 psychological zone.
• RSI and momentum oscillators reveal a bounce from oversold, now converging toward neutral-bullish territory; this often precedes strong rallies in crypto.
• MACD (Daily/4H): Show clear signs of a bullish crossover, with rising histogram and moving averages flattening after a corrective wave.
• Moving averages (21/50/200 days): Price is attempting a re-capture of the 21-day EMA; short and mid-term structure signals the potential for bullish continuation, especially if macro liquidity persists.

Volumes remain robust, confirming conviction behind recent rebounds.

Key Technical Levels

• Primary Support: $140 (multi-week anchor)
• Breakout Zone: $160 (upper pivot)
• Fibonacci retracement: Clear reversal at 50% of retracement, signaling macro-trend continuation.

Short- to medium-term, the risk/reward profile remains attractive for traders seeking both trend continuation and mean-reversion setups.

Fundamental Analysis

Ecosystem, Partnerships, and Innovation

Solana’s fundamental backdrop remains one of the strongest among major Layer 1s:

• Ecosystem Explosive Growth: TVL stands at $8.36B, up 500% in 18 months, confirming enduring appeal for DeFi users and developers.
• Star dApps: Jito ($2.78B), Jupiter ($2.37B), Kamino ($2.29B), and Raydium ($1.71B) headline an increasingly diversified protocol roster.
• Institutional Integration: Multiple institutional on-ramps (ETFs, Dubai economic zone) catalyse liquidity and adoption, legitimising Solana’s role in global finance.
• Technological Edge: Firedancer is live-testing a new validator client, aiming for sub-second finality and unmatched throughput. Chainlink CCIP integration and native MetaMask support further boost interoperability, a key differentiator for developers and enterprise stakeholders.
• Community & Developer Activity: 4.66M daily active addresses, near 90M transactions daily, and record DEX volumes signal vibrant, sticky network usage.

Valuation and Comparative Advantage

• Market Cap ($79.85B) / TVL ($8.36B): Solana’s market cap/TVL ratio ranks as one of the most attractive in top-tier blockchains—suggesting a favourable valuation given its size and actual economic activity.
• Liquidity: Consistently among the top-5 highest traded cryptos globally, ensuring deep order books and market efficiency for large allocators.
• Positioning: With over $1T in cumulative DEX volume and #3 TVL behind Ethereum and Bitcoin, Solana asserts its dominance as a go-to DeFi and NFT base layer.

Volume and Liquidity

Massive trading volumes ($2.63B 24h on spot, $2.29B DEX) reflect not only intense speculative interest but also deep, diverse participation. High volumes signal increasing market trust and enhance price stability, making Solana an attractive venue for sophisticated and institutional traders alike.

Its dominance is further cemented by robust participation numbers, consistently ranking among the world’s most actively traded tokens.

Catalysts and Forward-Looking Drivers

Key Positive Catalysts

• Upcoming protocol upgrades (Alpenglow, Firedancer) promise breakthrough scalability and network reliability.
• ETF approvals in the US and expansion to new regions—unprecedented for a non-Ethereum Layer 1—dramatically widens the investor base.
• DeFi, NFT, Gaming, and Memecoin verticals continue to see strong inflows and on-chain traction, supporting core transaction and fee growth.
• Institutional adoption via dedicated custody and lending solutions unlocks new capital flows.

With regulatory climates in AU, US, and EU becoming more constructive, the foundation is set for Solana to move into prime position as a settlement and liquidity layer for the next phase of Web3.

Investment Strategies: Timing and Horizon

For Short-term Tactical Investors

• Entry on technical pullbacks toward $145–$147 has historically offered low-friction positioning, targeting reversion towards the $160–$180 zone.
• Catalyst-driven trades: Momentum surge probable ahead of ETF-related headlines or protocol upgrade releases.

Medium-term Fundamental Investors

• Accumulation phase as the network prepares for protocol upgrades (e.g., Alpenglow, Firedancer), with growing institutional and DeFi adoption as tailwinds.
• Staggered buying or DCA approaches can be effective as the $140–$160 consolidation builds a robust base.

Long-term Strategic Holders

• Conviction entries are supported by sustained TVL growth, developer activity, and the likelihood of further regulatory approval.
• Staking yields (6–8% pa) add a compelling dimension for risk-aware, income-focused investors.
• Valuation model indicates room to revisit $200+ in a constructive cycle, with significant upside if macro conditions remain accommodative.

In all timeframes, strong technicals and fundamentals justify renewed attention to Solana’s entry price and growth path.

Is Now the Right Time to Consider Solana?

To summarise, the following core strengths reinforce Solana’s current profile:

• Proven leadership among Layer 1 blockchains with industry-leading transaction speeds, low costs, and resilience.
• Explosive DeFi ecosystem growth, strong institutional adoption, and a wave of innovative partnerships.
• Attractive valuation/reward setup relative to both major competitors and emerging protocols.
• Forthcoming protocol upgrades and ETF milestones poised to act as significant price catalysts.
• Unparalleled trading volume and on-chain activity underpin robust network health and liquidity.

Looking ahead, Solana is well placed to regain and extend its leadership within the smart contract economy. Market structure, technicals, and fundamental tailwinds all align—making the current environment seem highly favourable for those considering a new or expanded position. In our view, Solana combines the right mix of growth, liquidity and innovation to justify renewed strategic interest.

Solana remains a high-volatility asset, yet it offers dynamic investment opportunities, provided the risk is managed thoughtfully. The recent price acceleration underlines Solana’s capacity for rapid, decisive moves—amplified by macro and sector tailwinds, as well as its place at the centre of blockchain innovation. The next major protocol release, anticipated in Q2 2025, stands out as a catalyst to watch keenly for further upside potential.

How to buy Solana?

It’s now simple and secure to buy the cryptocurrency Solana (SOL) online via a regulated platform in Australia. You have two main options: direct spot purchase, where you actually own SOL and can store it in your crypto wallet; or trading Solana via CFDs (Contracts for Difference), allowing you to speculate on SOL price movements without ever holding the coins. Each method comes with its own advantages, risks, and fee structures. To help you choose wisely, we’ve detailed the differences below. For a full comparative table of leading platforms, see our guide at the end of this page.

Spot Purchase

Spot buying Solana means you purchase the actual SOL tokens at their current market price and store them in your personal wallet—giving you full ownership. On most regulated Australian platforms, transaction fees typically range from a fixed A$3 to A$6 per order (sometimes as a percentage, around 0.1–0.3%, but often with a minimum). Fees are charged in AUD and are shown transparently before you validate the purchase.

Example

If Solana trades at A$230 per coin, investing A$1,000 allows you to buy around 4.34 SOL after deducting a A$5 fee (A$995 / A$230 ≈ 4.33 SOL).

✔️ Gain Scenario

If SOL’s price rises by 10%, your portfolio value increases from A$1,000 to A$1,100. That’s a gross gain of A$100, or +10% on your initial investment.

Trading via CFD

Trading Solana via CFDs means you don’t actually own SOL tokens; instead, you take a position on its price movements through a regulated broker. This approach enables you to use leverage (often up to 5x), increasing your potential return — but also your risk. Fees typically include a spread (the difference between buy and sell price) and overnight financing costs if you hold the position beyond the same trading day.

Example

You place a CFD trade on Solana with A$1,000 and opt for 5x leverage. Your market exposure is now A$5,000.

✔️ Gain Scenario

If SOL’s price goes up by 8%, your position gains 8% x 5 = 40%. That means a gross gain of A$400 on your original A$1,000, excluding platform fees.

Final Advice

Before investing, always compare the fees, spreads, and terms of each platform to find the one best suited to your needs. Whether you choose spot purchasing for direct ownership or CFD trading for added flexibility and leverage, your decision should reflect your objectives, risk appetite, and experience with crypto markets. Find our full platform comparison lower on this page to guide your next step.

Our 7 tips for buying Solana

The latest news from Solana

Solana's Total Value Locked surged by 2.63% in 24 hours, reinforcing its global DeFi leadership. Over the past week, Solana’s TVL reached a robust $8.36 billion, marking a significant 24-hour uptick and highlighting the ecosystem’s strong appeal for liquidity and user adoption. This places Solana third globally for locked value, after Ethereum and Bitcoin, and represents a remarkable 500% growth in 18 months. Notably, Australia’s rapidly expanding DeFi user base is increasingly engaged on Solana platforms such as Jupiter and Raydium, benefiting from low transaction fees and high throughput, which supports local innovation in distributed finance products and access.

Australian institutional interest in Solana continues to rise, driven by the launch of dedicated ETF products abroad and local market momentum. Recent launches of the Purpose Investments Solana ETF and CI Global’s zero-fee Solana ETF, though based in North America, have generated discussion among Australian financial professionals about the feasibility of locally listed spot-crypto ETFs including SOL. The continued proliferation of these secure investment vehicles is expected to support both institutional and self-managed superannuation fund participation in the digital asset sector, should similar products be approved under Australia’s APRA and ASIC frameworks.

Technical indicators show a bullish reversal for SOL, with price rebounding from key support and positive momentum evident. SOL’s price action over the last week displayed resilience: after touching the $140 support area, the token rebounded sharply, closing at $152.15 and erasing much of its short-term downside. Current sentiment, verified by technical analysts and reflected in the asset’s proximity to the lower Bollinger band and a 50% Fibonacci retracement recovery, points to continued optimism and the possibility of retesting the $160 resistance in the near term. For Australian traders and crypto funds, this environment supports active trading strategies, especially given Solana’s strong liquidity on locally accessible exchanges like Binance Australia and Kraken.

Solana’s ongoing ecosystem upgrades and strategic partnerships enhance its performance and accessibility, with positive implications for regional adoption. Technological innovations, such as the Firedancer validator client and native MetaMask support, are expected to drive further developer interest and seamless user experience. Strategic alliances with Amber International and DeFi Development Corp can be closely watched for potential Asia-Pacific integrations, given Australia’s pivotal fintech position. The chain’s continuous improvements and global partnerships are already translating to more robust on-chain activity that directly benefits Australian DeFi users and startups through faster settlements and expanded interoperability.

Solana’s DeFi protocols and user metrics exhibit sustained growth, underlining its attractiveness for Australian developers, investors, and end-users. Activity metrics are strong, with nearly 90 million daily transactions and over 4.66 million active addresses, powered by marquee DeFi protocols such as Jito, Jupiter, and Raydium. Australian DeFi builders and digital asset managers increasingly cite Solana’s low average fees (~$0.00025) and swift confirmation times as deciding factors for new DApp deployments. This dynamic, coupled with rising international institutional attention, positions Solana as an attractive infrastructure for Australia’s expanding blockchain ecosystem, supporting both retail and enterprise innovation.

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.