Solana (SOL) 2025 年價格預測：Solana 會達到新的 ATH 嗎？

Solana (SOL) 一直是加密市場的焦點，儘管其價格在2024 年表現優於比特幣(BTC)、以太坊(ETH) 和最近的瑞波幣(XRP)，但其價格仍面臨越來越大的壓力。

Solana (SOL) has garnered significant attention in the crypto market, with its price facing mounting pressure despite earlier outperforming Bitcoin (BTC), Ethereum (ETH), and lately Ripple (XRP) in 2024. Recent data paints a mixed picture for Solana's future, as it battles to maintain its momentum.

Solana (SOL) 在加密貨幣市場中引起了極大關注，儘管其價格在2024 年表現優於比特幣(BTC)、以太幣(ETH) 和最近的瑞波幣(XRP)，但其價格面臨著越來越大的壓力。

With the potential for new ETF approvals, major funding inflows, and game-changing infrastructure developments, many investors are eyeing 2025 as a possible breakthrough year for Solana to achieve a new all-time high (ATH). But will it be enough to reignite bullish momentum?

憑藉新 ETF 批准、大量資金流入和改變遊戲規則的基礎設施發展的潛力，許多投資者將 2025 年視為 Solana 可能實現新的歷史高點 (ATH) 的突破性一年。但這足以重新點燃看漲勢頭嗎？

Current Solana Price Struggles

當前 Solana 的價格鬥爭

At the time of writing, Solana’s price is $216, reflecting a 0.71% dip over the past 24 hours. This recent decline underscores a larger struggle for the token, especially when viewed alongside its monthly performance of -9.07%. Although SOL’s year-to-date (YTD) gain stands at an impressive +112.36%, it pales in comparison to XRP’s +137.33% monthly growth. Moreover, Solana’s market cap of $103.49B places it just ahead of Binance Coin (BNB) with $102.94B, suggesting that SOL risks falling from its #5 position in the rankings.

截至本文撰寫時，Solana 的價格為 216 美元，在過去 24 小時內下跌了 0.71%。最近的下跌突顯了該代幣面臨更大的困境，特別是從其月度表現（-9.07％）來看。儘管 SOL 的年初至今 (YTD) 漲幅達到令人印象深刻的 +112.36%，但與 XRP +137.33% 的月度增長相比顯得相形見絀。此外，Solana 的市值為 $103.49B，僅領先幣安幣 (BNB) 的 $102.94B，這表明 SOL 可能會從排名第五的位置跌落。

Capital Flows: Glassnode’s Analysis on Solana’s Lag

資本流：Glassnode 對 Solana 滯後性的分析

According to on-chain analytics firm Glassnode, Solana’s underperformance compared to Bitcoin and Ethereum is linked to capital outflows. Earlier in Q4 2024, Solana’s realized cap was on a rapid rise, surpassing that of BTC and ETH. However, since early December, this trend has shifted, with BTC and ETH overtaking Solana. The Realized Cap indicator, which tracks the cost basis of all coins in circulation, shows that fewer funds are entering SOL compared to BTC and ETH.

據鏈上分析公司 Glassnode 稱，與比特幣和以太坊相比，Solana 的表現不佳與資本外流有關。 2024 年第四季早些時候，Solana 的實現上限快速上升，超過了 BTC 和 ETH。然而，自 12 月初以來，這一趨勢發生了轉變，BTC 和 ETH 超過了 Solana。已實現上限指標追蹤所有流通代幣的成本基礎，該指標顯示，與 BTC 和 ETH 相比，進入 SOL 的資金較少。

Major Developments Driving Solana’s Growth Potential

推動 Solana 成長潛力的主要發展

1. Institutional Demand & Spot ETF Potential

1. 機構需求與現貨ETF潛力

The possibility of a spot Solana ETF is one of the biggest catalysts for future price growth. Companies like VanEck and Bitwise have already submitted filings for a spot ETF, signaling a rise in institutional demand. Such an approval could lead to substantial inflows, similar to what Bitcoin experienced with its ETF launch.

Solana ETF 現貨的可能性是未來價格成長的最大催化劑之一。 VanEck 和 Bitwise 等公司已經提交了現貨 ETF 的申請，表明機構需求增加。這樣的批准可能會導致大量資金流入，類似於比特幣推出 ETF 時所經歷的情況。

2. Infrastructure Improvements via Firedancer

2. 透過 Firedancer 改善基礎設施

Solana’s network is set to receive a major upgrade with the implementation of Firedancer, an alternative client developed by Jump Trading. This enhancement is expected to increase transaction speed, boost scalability, and reduce reliance on a single codebase, thereby strengthening the network’s security. The full deployment of Firedancer is anticipated in 2025, aligning with predictions for Solana’s potential breakthrough.

隨著 Firedancer（Jump Trading 開發的替代客戶端）的實施，Solana 的網路將進行重大升級。這項增強功能預計將提高交易速度，提高可擴展性，並減少對單一程式碼庫的依賴，從而增強網路的安全性。 Firedancer 預計將於 2025 年全面部署，這與 Solana 潛在突破的預測一致。

3. Record-High Funding

3. 融資額創歷史新高

Messari’s Q3 2024 report revealed that Solana’s ecosystem funding reached a record $173 million, marking the highest level since mid-2022. This funding showcases increased confidence in Solana’s future as a leading blockchain platform. Such financial backing often precedes significant market movements, as seen with other top-performing blockchains.

Messari 的 2024 年第三季報告顯示，Solana 的生態系統資金達到創紀錄的 1.73 億美元，創下 2022 年中期以來的最高水準。這筆資金表明 Solana 作為領先的區塊鏈平台的未來信心增強。這種財務支援通常先於重大市場變動，就像其他表現最好的區塊鏈一樣。

Technical Outlook: Key Levels To Watch

技術展望：值得關注的關鍵水平

Solana’s price remains above the crucial support level of $210, a point that many analysts view as a springboard for the next major rally. Technical analyst Jelle has pointed out that Solana’s monthly chart is "primed for a monster run," citing the support flip at this key level. If SOL can maintain its position above $210 and break through the $245 resistance, analysts predict a potential surge to new highs.

Solana 的價格仍高於 210 美元的關鍵支撐位，許多分析師認為這一點是下一次大幅上漲的跳板。技術分析師 Jelle 指出，Solana 的月度圖表“已為大幅上漲做好了準備”，理由是該關鍵水平的支撐位翻轉。如果 SOL 能夠維持在 210 美元以上的位置並突破 245 美元的阻力位，分析師預測可能會飆升至新高。

Solana 2025 Price Prediction: Will Solana Hit a New ATH?

Solana 2025 年價格預測：Solana 會達到新的 ATH 嗎？

While no one can guarantee future price movements, there is growing optimism for Solana’s performance in 2025. Many analysts believe that favorable regulations, ETF launches, and key network upgrades could propel the price beyond its previous all-time high (ATH) of $263. Messari’s analysis suggests that with institutional support and the deployment of Firedancer, SOL could even challenge Bitcoin and Ethereum for market dominance. Some forecasts are especially bullish, predicting SOL’s price could climb as high as $4,000 if all key factors align.

雖然沒有人能保證未來的價格走勢，但人們對Solana 2025 年的表現越來越樂觀。 ATH) 263 美元。 Messari 的分析表明，在機構支援和 Firedancer 的部署下，SOL 甚至可以挑戰比特幣和以太坊的市場主導地位。一些預測尤其樂觀，預測如果所有關鍵因素一致，SOL 的價格可能會攀升至 4,000 美元。

Solana’s price struggles in late 2024 are undeniable, with recent performance lagging behind its rivals Bitcoin and Ethereum. However, 2025 could mark a transformative year for Solana. With ETF approvals on the horizon, network upgrades via Firedancer, and strong institutional support, the possibility of reaching a new ATH is within reach. While challenges remain, the factors driving Solana’s potential breakthrough are stronger than ever. Investors are watching closely, knowing that any positive developments in ETF regulation or Firedancer’s deployment could send Solana soaring to new heights.

Solana 在 2024 年底的價格掙扎是不可否認的，近期表現落後於其競爭對手比特幣和以太坊。然而，2025 年可能標誌著 Solana 變革的一年。隨著 ETF 即將獲得批准、透過 Firedancer 進行網路升級以及強大的機構支持，達到新的 ATH 的可能性已經觸手可及。儘管挑戰依然存在，但推動 Solana 實現潛在突破的因素比以往任何時候都更強大。投資者正在密切關注，因為他們知道 ETF 監管或 Firedancer 部署的任何積極進展都可能使 Solana 飆升至新的高度。