This is a segment from the Lightspeed newsletter. To read full editions, <a href="https://blockworks.co/newsletter/lightspeed" rel="nofollow">subscribe</a>.<hr>I’m putting my crystal ball abilities to the test this year. As we turn the page on 2024, here are five Solana predictions for 2025:<h2>1. Elon Musk’s X will debut a native Solana token</h2><ol></ol>It’s time. When Elon Musk bought Twitter in 2022, <a href="https://blockworks.co/news/crypto-faithfuls-await-elon-musks-blockchain-plans-for-twitter" rel="nofollow">crypto fans speculated</a> that the dogecoin-loving billionaire would integrate crypto into the social media platform. Those predictions have so far been <a href="https://blockworks.co/news/elon-musk-crypto-dogecoin" rel="nofollow">quashed by Musk</a>, but with the incoming Trump administration expected to loosen US crypto regulations and bring crypto-friendly voices to the table, I think an X token is finally on the way. “Crypto Twitter” is still a vibrant community, so there would be demand for such a token, and Musk’s other companies are <a href="https://blockworks.co/news/tesla-keeps-holding-184m-worth-of-digital-assets-on-its-balance-sheet" rel="nofollow">known to hold crypto</a> on their balance sheets. X Premium users could pay for their subscriptions using the X token, which Musk could cheaply on- and off-ramp with help from his stablecoin <a href="https://cryptoslate.com/elon-musks-spacex-uses-stablecoins-to-hedge-against-foreign-exchange-risks/" rel="nofollow">buddies</a> over at Bridge. Solana has the high throughput and low transaction fees to make this all feasible. To sweeten the deal, Solana Blinks could make ecommerce happen natively on X without users leaving the app — a feature from which TikTok recently found <a href="https://www.morningbrew.com/stories/2024/12/03/is-tiktok-an-emerging-e-commerce-behemoth" rel="nofollow">success</a>. If X wants to be an everything app, why wouldn’t that moniker extend to currency too?<h2>2. Solana’s stablecoin market cap will quadruple</h2><ol></ol>Solana’s onchain volume and demand woke up in a major way in 2024, but stablecoins stayed sleepy. The blockchain currently houses roughly $5 billion in stables, which ranks it fifth among blockchains behind Ethereum, Tron, BSC, and Arbitrum, according to DeFiLlama. This is partly because Solana transactions often don’t require stablecoin pairs for actions like memecoin trading, but stables can play an important role in other use cases like DePIN or payments. With <a href="https://blockworks.co/news/solana-stablecoin-infra-provider" rel="nofollow">startups like Perena</a> and Lulo focused on growing the Solana stablecoin pie and issuers like <a href="https://blockworks.co/news/paypal-pyusd-stablecoin-live-on-solana" rel="nofollow">PayPal</a> and <a href="https://blockworks.co/news/sky-deploys-stablecoin-on-solana" rel="nofollow">Sky launching</a> on the chain, Solana could be primed for major growth in 2024.I think Solana’s stablecoin market cap will cross $20 billion by the end of the year, which equates to a 4x increase from its current levels. That would still leave Solana far behind Ethereum, which holds some $110 billion in stablecoins at the moment.<h2>3. Solana ETFs will be approved but will underperform ETH</h2><ol></ol>Ok, time for some cold water: I’m not bullish on solana ETFs. I think solana funds are likely to be approved this year as a Paul Atkins-led SEC takes a less stringent stance on defining cryptoassets as securities, but I don’t think SOL ETFs are likely to find all that much demand. Crypto ETFs’ raison d’etre is giving investors regulated access to crypto within things like brokerage accounts. With bitcoin, this makes sense. Its “digital gold” narrative is sticky, it is by far the largest crypto, and curious boomers could be interested in allocating 1% of their portfolios to see where things go. Ether ETFs have done okay partly due to the novelty of the products, but it’s been a <a href="https://blockworks.co/news/eoy-ether-etf-check-in" rel="nofollow">little harder to sell</a> investors on them. Solana is more degen and less boomer than either BTC or ETH. A lot of SOL buyers seem to be more likely to onboard via Phantom or Coinbase than with their retirement accounts. By the time SOL ETFs get approved, BTC/ETH combo, Litecoin, HBAR, and possibly XRP will all also have ETFs, Bloomberg’s James Seyffart <a href="https://x.com/EricBalchunas/status/1869064627591496170" rel="nofollow">said</a>.  Look, all I’m saying is there’s a reason BlackRock and Fidelity are yet to file for SOL ETFs. ETH ETFs have <a href="https://sosovalue.com/assets/etf/us-btc-spot?from=moved" rel="nofollow">seen</a> $35 billion in inflows in their first five months of trading. I expect SOL ETFs will have fewer inflows over their first five months. <h2>4. Pump.fun won’t collect the most fees among memecoin platforms</h2><ol></ol>One of the most interesting stories to watch in Solanaland this year has been the <a href="https://blockworks.co/news/lightspeed-newsletter-pump-dot-fun-memecoin" rel="nofollow">unprecedented rise</a> of memecoin launchpad pump.fun. Since launching in early 2024, pump has already crossed $330 million in revenue. Multiple times, <a href="https://blockworks.co/news/moonshot-vertical-integration-memecoins" rel="nofollow">purportedly-better</a> versions of pump.fun have come out, but no one has been able to snatch the crown in the memecoin sector.But all good things must end, and I think pump.fun will be passed by another app this year. Speculative platforms tend to have a short shelf life in crypto — just ask the investors who <a href="https://www.nytimes.com/2022/01/04/business/opensea-13-billion-valuation-venture-funding.html" rel="nofollow">valued</a> OpenSea at $13.3 billion in 2022. I think memecoins will continue to be a very large contributor to Solana’s onchain volumes this year, but I don’t think the majority of that volume will play out on pump.fun. If I had to guess, I’d say the heir apparent will be something AI-related.<h2>5. Solana will not experience a major outage</h2><ol></ol>Solana has experienced a <a href="https://blockworks.co/news/solana-downtime-post-mortem" rel="nofollow">number of outages</a> in its four-year lifetime. This might be naive of me, but I don’t think it will add another outage to that ledger in 2025. This is a bold take because Firedancer, a fully unique Solana client, is set to <a href="https://blockworks.co/news/lightspeed-newsletter-solana-firedancer-testnet" rel="nofollow">take its training wheels off</a> and greatly increase Solana’s throughput this year. This will create a lot of unseen potential risk vectors that could bring the chain down. But Solana’s frequency of outages has fallen over the past two years, presumably as the network’s developers learned from previous mistakes. The Solana Labs spin-off Anza recently <a href="https://www.anza.xyz/blog/strengthening-solana-the-invalidator-team" rel="nofollow">created</a> an invalidator team meant to stress test the network. Plus, Jump’s Firedancer client took years to build, and the rollout has taken place over multiple phases. What’s another outage-less 12 months?<hr>Start your day with top crypto insights from David Canellis and Katherine Ross. <a href="https://blockworks.co/newsletter/empire" rel="nofollow">Subscribe to the Empire newsletter</a>.Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. <a href="https://blockworks.co/newsletter/onthemargin" rel="nofollow">Subscribe to the Forward Guidance newsletter</a>.Get alpha directly in your inbox with the <a href="https://blockworks.co/newsletter/research" rel="nofollow">0xResearch newsletter</a> — market highlights, charts, degen trade ideas, governance updates, and more.The Lightspeed newsletter is all things Solana, in your inbox, every day. <a href="https://blockworks.co/newsletter/lightspeed" rel="nofollow">Subscribe to daily Solana news</a> from Jack Kubinec and Jeff Albus.

Lightspeed’s 5 predictions for Solana in 2025

정전, 밈(meme)코인, ETF, 오 마이!

GM(Good Morning) 비트코인(BTC) 이더리움(ETH) 리플(XRP) 도지코인(Doge) 폴카닷(DOT) 솔라나(SOL) 유니스왑(UNI) 크립토닷컴 코인(CRO) 파일코인(FIL) 헤데라해시그래프(HBAR) 후오비 토큰(HT) 게이트체인(GT) 밸런서(BAL) 옵티미즘(OP) 컴파운드(COMP) 이더리움 네임서비스(ENS) 알위브(AR) 치아(XCH) 온톨로지(ONT) 앰프(AMP) 밈(meme) 아비트럼(Arb) 우마(UMA) 플레이댑(PLA) Ronin(RON) 리퀘스트(REQ) 온톨로지가스(ONG) 디젠(Degen) 신고가 신저가 디파이라마(defillama) 도지코인(Dogecoin) 솔라나(Solana) 트론(TRON) 다이(Dai) 라이트코인(Litecoin) 아비트럼(Arbitrum) 덴트(Dent) 렌(Ren) 콤보(COMBO) 킨(Kin) 비트(Bit) 블록 불 암호자산 링크(Chainlink) 문 (Moon/가격 상승을 의미) 숏 거래량 초당 거래 수(TPS) 중앙화 거래소(CEX) 이더리움 요청 사항(ERC) 인터컨티넨탈 거래소 유동성 공급자(LP) 예치(stake) 거래량

Lightspeed의 2025년 솔라나(Solana) 에 대한 5가지 예측

실물자산(RWA) 알트코인은 12월 말 전반적인 시장 하락에도 불구하고 상당한 성장을 경험했습니다. 특히 일부 RWA 토큰은 회복력을 보이며 ...

2025년 1월에 주목해야 할 5가지 실제 세계 자산(RWA) 알트코인

2024년에 큰 성장을 경험한 여러 암호화폐 프로젝트들이 2025년 1분기에 <토큰 생성 이벤트(TGE)>를 실시할 것으로 예상된다고 보도되었습니다.
<Monad>와 <Pump.fun> 같은 플랫폼들은 주요 투자를 유치했습니다...

2025년 1분기에 주목해야 할 잠재적 TGE 상위

인기 있는 밈(meme) 코인 페페(PEPE)는 화요일 엘론 머스크의 X 움직임에 따라 12% 가격 상승을 경험했습니다. 그는 자신의 디스플레이 이름을 "Kekius Maximus"로 변경하고 페페 더 개구리 아바타를 채택했습니다.