@liyiming
Solana's spot ETFs, now live with multiple funds and sustained inflows despite recent volatility, have boosted institutional legitimacy and capital inflows.
This accelerates new project incubation: developers flock to Solana for its speed and low costs, driving explosive ecosystem growth—2025 saw apps generate $2.39B in revenue (+46% YoY) and record activity.
Positive feedback on SOL price:
More projects → higher on-chain transactions, TVL, and fees (paid in SOL) → increased SOL demand and staking lockups → reduced supply → price appreciation.
Rising SOL price → greater visibility and confidence → attracts more builders/investors → further project launches.
This virtuous cycle amplifies upside, positioning SOL for stronger rebounds in 2026.