Despite a period of mid-term holder selling pressure, the Solana network remains resilient. This continued support from investors is fueled by several factors: institutional interest in ETF applications continues to rise, and improvements to the network’s scalability and adoption are bolstering its potential. 2025 data reveals a notable increase in total value locked on the network, reaching $12-14B, highlighting Solana’s growth since 2024 levels. Key upgrades such as Firedancer and Alpenglow have enhanced the network’s throughput and transaction finality. 2025 has also seen Solana’s daily active addresses reach 22.44 million and its transaction speed hit up to 125,000 TPS, further indicating growth in adoption and utility. Solana co-founders Anatoly Yakovenko and Raj Gokal remain focused on driving technological advancements and fostering a thriving ecosystem. Their efforts have garnered support from institutional investors who hold over 13 million SOL tokens. This is fueled by increasing regulatory clarity regarding liquid staking tokens, creating opportunities for product development like ETFs. While mid-term holder selling continues, Solana’s overall strength suggests potential breakout opportunities in the cryptocurrency market, aligning with the bullish trends observed in the Ethereum ecosystem.