Solana's Rise as the Leading Altcoin for 2025 Gains

Generated by AI AgentEvan Hultman
Sunday, Sep 21, 2025 6:24 am ET2min read
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- Solana’s TVL surpassed $13.38 billion in September 2025, driven by technical upgrades and DeFi growth.

- Network throughput hit 10,000 TPS post-upgrades, with 3,248 global validators and 2.2 million active wallets.

- Institutional adoption grew as public companies held 1% of circulating SOL, while staking funds raised $1.2 billion.

- Future upgrades aim to boost compute units by 65%, enhancing scalability for dApps and real-time applications.

- SOL surged 22% to $246.91, supported by strong on-chain metrics and institutional confidence in its ecosystem.

Solana's ascent in 2025 has been nothing short of meteoric, driven by a confluence of on-chain fundamentals and ecosystem momentum that positions it as the most compelling altcoin for sustained gains. With Total Value Locked (TVL) surging past $13.38 billion in September 2025—a 18% weekly increase—Solana has cemented its status as a top-tier blockchain platformSolana’s TVL Surges Past $13 Billion, [https://pintu.co.id/en/news/206319-solanas-tvl-surges-to-13-billion][3]. This growth is underpinned by technical upgrades, institutional adoption, and a thriving DeFi ecosystem, all of which signal a paradigm shift in the altcoin landscape.

On-Chain Fundamentals: Scalability and Efficiency

Solana's on-chain metrics tell a story of relentless innovation. The July 23, 2025, technical upgrade, which raised the network's compute unit limit per block by 20% to 60 million units, directly addressed congestion issues and boosted transaction throughputTechnical Upgrades Drive Solana TVL Above $10 Billion, [https://bsc.news/post/sol-tvl-10-billion][6]. Post-upgrade, the network averaged 1,700 transactions per second (TPS), a figure that spiked to 10,000 TPS following the Alpenglow upgrade in Q3 2025Solana's (SOL) Path to a Monumental Breakout in 2025: On-Chain …, [https://www.bitget.com/news/detail/12560604941498][4]. This scalability has enabled

to process 2.98 billion transactions in June 2025 alone, with fees remaining stubbornly low at $0.00025 per transactionSolana Statistics 2025: Validator Counts, DeFi TVL, etc., [https://coinlaw.io/solana-statistics/][2].

The network's efficiency is further amplified by its validator infrastructure. With 3,248 validators spanning 45+ countries, Solana has achieved a delicate balance between decentralization and performanceSolana Statistics 2025: Validator Counts, DeFi TVL, etc., [https://coinlaw.io/solana-statistics/][2]. This robust infrastructure has attracted 2.2 million daily active wallets as of March 2025—a 60% year-over-year increaseSolana Statistics 2025: Validator Counts, DeFi TVL, etc., [https://coinlaw.io/solana-statistics/][2]—while daily transactions hit 83.69 million in July 2025Technical Upgrades Drive Solana TVL Above $10 Billion, [https://bsc.news/post/sol-tvl-10-billion][6]. Such metrics underscore Solana's ability to scale without compromising user experience, a critical factor for long-term adoption.

Ecosystem Momentum: DeFi and Institutional Confidence

Solana's DeFi ecosystem has emerged as a cornerstone of its growth. The network now hosts $9.3 billion in TVL, ranking third globally behind

and Binance Smart ChainSolana Statistics 2025: Validator Counts, DeFi TVL, etc., [https://coinlaw.io/solana-statistics/][2]. This surge is fueled by a 3.89% seven-day increase in stablecoin market capitalization, with USDC accounting for 70.98% of Solana's $11.667 billion stablecoin poolTechnical Upgrades Drive Solana TVL Above $10 Billion, [https://bsc.news/post/sol-tvl-10-billion][6]. Decentralized exchange (DEX) volume on Solana reached $2.217 billion daily, while perpetual futures volume hit $1.015 billion, reflecting strong liquidity and user engagementTechnical Upgrades Drive Solana TVL Above $10 Billion, [https://bsc.news/post/sol-tvl-10-billion][6].

Institutional adoption has further accelerated Solana's trajectory. Public companies now hold 5.9 million

(1% of the circulating supply) in corporate treasuriesSolana's (SOL) Path to a Monumental Breakout in 2025: On-Chain …, [https://www.bitget.com/news/detail/12560604941498][4], while projects like the REX-Osprey Solana Staking Fund (SSK) have raised $1.2 billion in a month by leveraging Solana's staking yieldsSolana Statistics 2025: Validator Counts, DeFi TVL, etc., [https://coinlaw.io/solana-statistics/][2]. This institutional confidence is mirrored in the price action: SOL surged 22% in the past week, trading at $246.91, supported by strong buying pressure indicated by the Chaikin Money Flow (CMF) indicatorSOL Price Soars as TVL Surge — Can It Revisit Its All-Time High?, [https://beincrypto.com/sol-price-rally-strong-inflows-hint-at-more-gains/][5].

Future Catalysts: Upgrades and Market Dynamics

Looking ahead, Solana's roadmap is packed with catalysts. The SIMD-0286 proposal aims to increase compute units to 100 million by year-end 2025—a 65–66% boost from pre-upgrade levelsTechnical Upgrades Drive Solana TVL Above $10 Billion, [https://bsc.news/post/sol-tvl-10-billion][6]. This would further enhance the network's capacity to handle complex dApps, attracting more DeFi protocols and capital inflows. Additionally, the Alpenglow upgrade's reduction of transaction finality to 100 millisecondsSolana's (SOL) Path to a Monumental Breakout in 2025: On-Chain …, [https://www.bitget.com/news/detail/12560604941498][4] has positioned Solana as a viable alternative to Ethereum for high-frequency trading and real-time applications.

Investment Thesis

Solana's 2025 gains are not a flash in the pan but a reflection of its technical superiority and ecosystem resilience. With TVL surpassing $13 billion, a 60% YoY growth in active wallets, and institutional adoption gaining momentum, Solana has outperformed peers in both utility and capital efficiency. For investors, the combination of low fees, high throughput, and a clear upgrade roadmap makes Solana a compelling bet for 2025 and beyond.