$SOL

**Solana ($SOL)** is the current representative of high-performance blockchains, focusing on high throughput (65,000 TPS) and low transaction costs. The price in July 2025 is approximately **$152.76**, with a leading market capitalization. On the technical side, it combines Proof of History (PoH) and Proof of Stake (PoS), recently solving early downtime issues, significantly improving network stability. The ecosystem is highly explosive, with DeFi TVL exceeding $10 billion, and the market capitalization of stablecoins reaching **$13.2 billion**, dominating the DePIN track (accounting for 46.5% of the market cap). Institutional interest is strong, with traditional financial giants like BlackRock already investing, and the probability of spot ETF approval reaching 77%. Price predictions vary widely: looking towards 2025, estimates range from **$128–367**, with optimistic expectations (like ChatGPT) even reaching **$1,000**. The risk points lie in regulation and technological competition, but the long-term ecological expansion potential is widely regarded positively.