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Solana’s 2025 Outlook: Firedancer Launch and $2 Billion Token Unlock
Solana’s remarkable comeback in 2023 and 2024 has left many wondering what to expect from the altcoin in the upcoming year. A recent development suggests that Solana is set to deploy Firedancer, a new validator client software, in early 2025. This could be a significant boost for SOL’s value.
On the other hand, there’s an $2 billion worth of SOL tokens locked since FTX’s bankruptcy in 2022. These tokens will start unlocking in March 2025, which may lead to market sell pressure.
Solana [SOL] made a massive surge from $8 to $264, but analysts are divided on the potential outcome for the altcoin in 2025. One notable prediction suggests that Solana’s ETF approval and Firedancer launch could be key drivers behind SOL’s value increase.
The bullish camp believes that these developments will have a substantial impact on the market. According to Mert Mumtaz, founder of Helius, a Solana-based dev platform, this combination would definitely lift SOL’s performance.
Source: ambcrypto.com
