Messari predicts Solana will see explosive growth in 2025

According to Messari’s 2025 Crypto Theses report, Solana is likely to have another strong year. It pointed out that Solana ecological financing in the third quarter of 2024 was US$173 million, the highest since the second quarter of 2022. Additionally, a spot SOL ETF seems increasingly inevitable. The regulatory environment will be more relaxed, potentially fueling an explosion of growth driven by institutional interest. Some analysts even predict that SOL will hit $4,000. Meanwhile, the Firedancer client was deployed on the Solana mainnet this year. Firedancer from Jump Trading is a high-performance validator client that optimizes transaction speed and scalability on this blockchain. The initial release will be rolled out in phases, focusing only on network layer changes, while subsequent releases should expand functionality and even further improve Solana's overall performance and reliability. Full deployment of Firedancer, scheduled for 2025, will likely significantly enhance client diversity on the SOL network, hopefully increasing liveness and security as it reduces reliance on a single client codebase. However, Messari added that its likely immediate impact will be limited, as other client deployments will also continue to be bottlenecked, meaning it will still be some time before Firedancer unleashes its full potential.