The post Solana Network Expands as DeFi and AI Projects Boom appeared on BitcoinEthereumNews.com.

Solana’s fast, low-fee network attracts developers, driving growth in DeFi, AI, and meme coin applications. The FireDancer upgrade could enhance Solana’s network stability, boosting throughput and decentralization. Solana, the “King of Comebacks,” has established itself as a key player in the cryptocurrency market. Considered dead when its price dropped to about $8 in 2022, the network has rebounded more than 3,000% to reach a record high of $295. The important question now is whether Solana still has space to expand in 2025. Analysis by Lark Davis, a crypto analyst on YouTube, indicates that the response is indeed affirmative, and its development potential might be really fascinating. Solana and Its Structural Advantages The success of Solana is not motivated by pure conjecture. Low costs, fast transaction speeds, and developer-friendly technology let the network present a strong framework. On the Solana network, the usual transaction fee is a little around a tenth of a cent. This efficiency draws artificial intelligence-based initiatives, DeFi systems, and numerous decentralized application (dApp) developers. In recent years, Solana has emerged as a preferred destination for various projects, including blockchain-based gaming platforms, meme coins, and AI-based tokens. Solana allows launching new tokens simply with its minimal costs and fast speed, therefore opening the path to a range of innovations. With about 7,600 new developers expected to join in 2025, developer activity on the network is also explosive. Behind Solana’s Growth: Real Activity, Real Results Solana currently holds around 15% of the smart contract platform market share. According to Davis’ projections, this figure could jump to 22% by the end of 2025. Driving factors include DeFi growth, increasing trading activity, and AI space innovation. Though these venues are not always profitable for all stakeholders, the network is also hosting new coin launches via PumpFun. Solana saw a 23% jump…

---

Filed under: News - @ February 17, 2025 11:18 am