Solana’s Resilience Post-FTX Collapse: Can SOL Outshine Ethereum by 2025?
Solana (SOL) has emerged as a formidable challenger to Ethereum (ETH), with its network demonstrating remarkable growth in recent years. While ETH continues to dominate the decentralized application (DApp) sector, SOL’s rapid advancements are raising questions about its long-term supremacy. SOL’s price trajectory tells a compelling story. After plummeting below $9 during the FTX collapse in 2022, the cryptocurrency staged a dramatic recovery, showcasing its resilience and potential to compete with Ethereum. As of 2025, the debate over whether SOL can dethrone ETH is more relevant than ever, with Solana’s scalability and lower transaction costs positioning it as a strong contender in the blockchain space.
Solana Vs. Ethereum: Here’s Why SOL May Dethrone ETH In 2025
Solana (SOL) has emerged as a formidable challenger to ethereum (ETH), with its network demonstrating remarkable growth in recent years. While ETH continues to dominate the decentralized application (DApp) sector, SOL’s rapid advancements are raising questions about its long-term supremacy.
SOL’s price trajectory tells a compelling story. After plummeting below $9 during the FTX collapse in 2022, the cryptocurrency staged a dramatic recovery, rallying over 3000% to reach an all-time high of $293.31 in January 2025. Ethereum, meanwhile, has shown more modest movement, with even the Pectra update and SEC approval of spot ETH ETFs failing to generate significant price traction.
The upcoming Firedancer upgrade could be a game-changer for Solana. By enabling the network to process over one million transactions per second—a stark contrast to Ethereum’s 15—the update may trigger a developer migration from ETH to SOL. Combined with reduced transaction taxes, these technical improvements position solana as an increasingly attractive platform for both developers and users.
Crypto Markets Anticipate $5 Billion FTX Liquidity Injection
Crypto markets are poised for a seismic shift as FTX creditors prepare to receive approximately $5 billion in stablecoin repayments starting May 30. This distribution, representing roughly 2% of the total stablecoin supply, marks the first major disbursement since the exchange’s 2022 collapse.
Analyst Miles Deutscher suggests the timing couldn’t be more fortuitous. With Bitcoin hovering near all-time highs and Ethereum showing renewed strength, the influx could catalyze the next market phase. "This isn’t money that will sit idle," Deutscher emphasized, predicting creditors will redeploy capital across digital assets rather than cash out to traditional banks.
The liquidity event may serve as the missing puzzle piece for Bitcoin’s march toward $120,000 and finally trigger the long-awaited altcoin season. Market participants are watching closely as this unprecedented injection tests crypto’s absorption capacity during a period of already heightened volatility.
