$SOL continues to strengthen, today let's discuss SOL in detail
The staking market capitalization of Solana has recently surpassed that of Ethereum, making it the number one blockchain in terms of staking market value. On the surface, this indicates that Solana is currently leading in terms of economic security.
Solana's TVL has skyrocketed from less than 1 billion dollars at the end of 2023 to over 15 billion dollars at the beginning of 2025, setting a historic high.
Although the TVL is expected to drop afterwards, it remains stable around 10 billion dollars and is currently showing strong market tension again.
According to last year's ranking of total fees for public chains, Solana ranks as the third-largest L1 blockchain in terms of transaction fees, with a very small gap compared to Ethereum, which again reflects the high activity and strong market demand on the chain's network.
With the current high probability of ETF approval, the approval of ETFs will further drive SOL as an investable asset to gain official recognition, and regulatory recognition will help open new participation channels for institutional and retail investors, allowing more funds to enter the Solana ecosystem. Bao believes that for long-term investors, SOL is still one of the excellent investment opportunities.
