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Solana Outperforms in Usage but Underperforms in Price in 2025

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SOL
$127.311.61%
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ETH
$3,053.202.29%
Solana [SOL] led in network activity in 2025, with 98 million monthly users and 34 billion transactions. However, its price fell over 30%, underperforming ETH price, which dropped 6%. The SOL/ETH ratio declined 25%. Despite Solana’s usage edge, Ethereum held stronger in TVL and developer activity, highlighting a gap between network activity and market returns.
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