The chief analyst at MEXC Research, Sean Yang, predicts that the price of the cryptocurrency Solana could reach $215 in September and $250 by the end of 2025, provided there are no significant obstacles. He believes that the implementation of the large-scale Alpenglow network update will play a key role in this, significantly increasing transaction speeds.
This is reported by Finway
Alpenglow: A New Performance Standard for the Solana Blockchain
The Alpenglow update is expected to reduce transaction finalization time on the Solana network from over 12 seconds to 150 milliseconds. This hundredfold acceleration is capable of setting a new benchmark for decentralized infrastructure. According to Staking Facilities, the SIMD-0326 proposal regarding this update has already received over 99% support among validators.
Yang notes that thanks to this update, Solana is becoming a strategic asset for corporate treasuries, rather than just an investment tool for speculation. Currently, over $1.7 billion in Solana is already held on the balances of corporate players, indicating a growing interest from institutional investors in this cryptocurrency.
“The forecast in the range of $215-$250 is based on two key drivers: structural supply constraints due to staking and sustained channels of institutional adoption,” emphasized Yang.
Institutional Interest and Growth Factors
The analyst also points out that even potential delays in the review of applications for launching exchange-traded funds (ETFs) based on Solana by the U.S. Securities and Exchange Commission (SEC) are unlikely to significantly impact long-term price dynamics. According to him, such delays will only postpone, not cancel, the positive trend.
Currently, the SEC has postponed the review of Solana-ETF applications from 21Shares and Bitwise to October 16. Meanwhile, institutional interest in Solana continues to grow. For instance, Galaxy Digital, Jump Crypto, and Multicoin Capital plan to invest $1 billion in building reserves based on this cryptocurrency, Pantera Capital intends to raise $1.25 billion to create the Solana Co structure, and Sharps Technology expects to invest $400 million.
In Sean Yang’s opinion, Alpenglow will allow Solana to outpace competitors among L1 blockchains and even surpass standard response times in web searches. This makes the network extremely attractive for large-scale DeFi solutions, high-frequency applications, and payment services.
On the Myriad prediction market, users estimate the probability of Solana reaching a price of $250 by the end of the year at 63%.