Solana (SOL) 2025 年价格预测：Solana 会达到新的 ATH 吗？

Solana (SOL) 一直是加密市场关注的焦点，尽管其价格在 2024 年表现优于比特币 (BTC)、以太坊 (ETH) 和最近的瑞波币 (XRP)，但其价格仍面临越来越大的压力。

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) 在加密货币市场中引起了极大关注，尽管其价格在 2024 年表现优于比特币 (BTC)、以太坊 (ETH) 和最近的瑞波币 (XRP)，但其价格面临着越来越大的压力。最近的数据为 Solana 的未来描绘了一幅喜忧参半的图景，因为它正在努力保持其势头。

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?

凭借新 ETF 批准、大量资金流入和改变游戏规则的基础设施发展的潜力，许多投资者将 2025 年视为 Solana 可能实现新的历史高点 (ATH) 的突破性一年。但这足以重新点燃看涨势头吗？

Current Solana Price Struggles

当前 Solana 的价格斗争

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.

截至撰写本文时，Solana 的价格为 216 美元，在过去 24 小时内下跌了 0.71%。最近的下跌突显了该代币面临更大的困境，特别是从其月度表现（-9.07％）来看。尽管 SOL 的年初至今 (YTD) 涨幅达到令人印象深刻的 +112.36%，但与 XRP +137.33% 的月度增长相比显得相形见绌。此外，Solana 的市值为 $103.49B，仅领先于币安币 (BNB) 的 $102.94B，这表明 SOL 可能会从排名第五的位置跌落。

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

资本流动：Glassnode 对 Solana 滞后性的分析

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.

据链上分析公司 Glassnode 称，与比特币和以太坊相比，Solana 的表现不佳与资本外流有关。 2024 年第四季度早些时候，Solana 的实现上限快速上升，超过了 BTC 和 ETH。然而，自 12 月初以来，这一趋势发生了转变，BTC 和 ETH 超过了 Solana。已实现上限指标跟踪所有流通代币的成本基础，该指标显示，与 BTC 和 ETH 相比，进入 SOL 的资金较少。

Major Developments Driving Solana’s Growth Potential

推动 Solana 增长潜力的主要发展

1. Institutional Demand & Spot ETF Potential

1. 机构需求和现货ETF潜力

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 现货的可能性是未来价格增长的最大催化剂之一。 VanEck 和 Bitwise 等公司已经提交了现货 ETF 的申请，表明机构需求有所增加。这样的批准可能会导致大量资金流入，类似于比特币推出 ETF 时所经历的情况。

2. Infrastructure Improvements via Firedancer

2. 通过 Firedancer 改善基础设施

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.

随着 Firedancer（Jump Trading 开发的替代客户端）的实施，Solana 的网络将进行重大升级。这一增强功能预计将提高交易速度，提高可扩展性，并减少对单一代码库的依赖，从而增强网络的安全性。 Firedancer 预计将于 2025 年全面部署，这与 Solana 潜在突破的预测一致。

3. Record-High Funding

3. 融资额创历史新高

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 年第三季度报告显示，Solana 的生态系统资金达到创纪录的 1.73 亿美元，创下 2022 年中期以来的最高水平。这笔资金表明 Solana 作为领先的区块链平台的未来信心增强。这种财务支持通常先于重大市场变动，就像其他表现最好的区块链一样。

Technical Outlook: Key Levels To Watch

技术展望：值得关注的关键水平

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 的价格仍高于 210 美元的关键支撑位，许多分析师认为这一点是下一次大幅上涨的跳板。技术分析师 Jelle 指出，Solana 的月度图表“已为大幅上涨做好了准备”，理由是该关键水平的支撑位翻转。如果 SOL 能够维持在 210 美元以上的位置并突破 245 美元的阻力位，分析师预测可能会飙升至新高。

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

Solana 2025 年价格预测：Solana 会达到新的 ATH 吗？

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.

尽管没有人能保证未来的价格走势，但人们对 Solana 2025 年的表现越来越乐观。许多分析师认为，有利的监管、ETF 的推出和关键网络升级可能会推动价格突破之前的历史高点 (ATH) 263 美元。 Messari 的分析表明，在机构支持和 Firedancer 的部署下，SOL 甚至可以挑战比特币和以太坊的市场主导地位。一些预测尤其乐观，预测如果所有关键因素一致，SOL 的价格可能会攀升至 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 年底的价格挣扎是不可否认的，近期表现落后于其竞争对手比特币和以太坊。然而，2025 年可能标志着 Solana 变革的一年。随着 ETF 即将获得批准、通过 Firedancer 进行网络升级以及强大的机构支持，达到新的 ATH 的可能性已经触手可及。尽管挑战依然存在，但推动 Solana 实现潜在突破的因素比以往任何时候都更加强大。投资者正在密切关注，因为他们知道 ETF 监管或 Firedancer 部署的任何积极进展都可能使 Solana 飙升至新的高度。