8 Reasons Why Solana (SOL) is Undervalued

Key Insights:

• Solana holds key support around $128–$130, suggesting potential for price rebound.
• Solana hosts active developers, hackathons, and projects driving network growth.
• Institutional and retail adoption grows with banks, exchanges, and new product launches.

Market participants believe that one of the largest digital assets, Solana (SOL), could be undervalued in 2025.

This devaluation is happening despite its strong technical support, growing adoption, and major ecosystem milestones.

Notably, analysts see key price levels holding, while new products, developer activity, and institutional integrations suggest potential for further growth.

Top 8 Reasons Why Solana (SOL) Might Be Undervalued

Solana Key Price Support Holds

Solana price outlook has always been a topical discussion in the market.

However, Solana is currently trading around $134–$150, a level that might act as strong support.

Analysts such as Mansorah Crypto note that this zone could prevent further decline.

If SOL price can reclaim the $150 mark, the altcoin might rebound toward $300–$400 in the long term.

Breaking below $128 would weaken the bullish outlook, but the current support shows stability in the market.

Active Developer and Hacker Community

Another major reason Solana is considered undervalued is that it has a large and active community of developers, engineers, and project founders.

Hackathons like Cypherpunk drew 1,567 submissions, while the x402 hackathon had over 400.

These events encourage innovation and attract new projects. Developers continue to build tools and applications, keeping the network active and growing.

Strong Institutional and Retail Adoption

Like major digital assets such as Bitcoin and Ethereum, Solana has seen broad adoption among banks, neobanks, and exchanges.

Cash App will offer USDC payments on Solana in 2026. SoFi became the first US bank to allow SOL trading directly from checking accounts.

Jupiter integrated with Robinhood to increase retail access. These partnerships show that Solana is gaining wider use beyond crypto enthusiasts.

Focus on Onchain Usage

In addition to these, Solana is known for supporting onchain activity and practical applications.

Projects like $YLDS by Figure and RWA credit from Loopscale and Securitize show real-world uses. Kamino recently reported over $100 million in PYUSD lending.

These applications suggest that Solana could generate meaningful onchain revenue and utility over time.

Solana’s Growing Ecosystem and New Products

The network continues to expand with new projects and launches. Solana protocol, Super Group released a Rand-based stablecoin for South Africa.

Similarly, DFlow Protocol integrated with ManifestTrade. Unruggable launched a Solana-native hardware wallet.

Supabase added Solana as an identity provider as apps like ZapApp make token purchases easier.

These developments show Solana is building practical tools and reaching new users.

Milestones and Market Progress

Solana projects raised $211 million in Q3 2025, a 70% increase from the previous quarter.

According to reports, Jupiter added 50 prediction markets. Helium reported record revenue and token burns.

Squads Protocol now secures over $2.2 billion in stablecoins. These milestones indicate steady growth and adoption across the ecosystem.

Growth Relative to Ethereum

Solana is half the age of Ethereum but attracts similar attention among developers and investors.

Basically, its adoption is rising quickly. Many companies are reportedly waiting for events like Breakpoint 2025 to make announcements.

These events could increase the network’s visibility and encourage more projects to launch.

Improvement Across Multiple Categories

Solana continues to develop infrastructure and services. Axiom Exchange supports private trading.

Harmonic GG provides accessible chain data. Gas sponsorships, NFT projects, and AI-powered apps are expanding usage. These improvements help close gaps in the network and support long-term growth.

More importantly, Solana shows strength in multiple areas, from price support and developer activity to institutional partnerships and new product launches.

It is important to add that analysts see potential for further adoption and market attention.

With upcoming events and continued ecosystem development, Solana could remain a key player in the blockchain space.