TLDR
- Solana closes the fourth quarter of 2025 with a 39.1% drop, its worst quarterly performance of the year.
- Despite the volatility, the network is on the verge of surpassing Ethereum in annual revenue, projecting $1.4 billion.
- Institutional interest remains steady, with inflows of $700 million into Solana ETFs in mid-December.
The year ends with mixed feelings for the Solana (SOL) ecosystem. While the asset’s second and third quarters were marked by a robust recovery, the reality of the year-end has been devastating. Market data shows that the Solana price drop in 2025 during the fourth quarter (Q4) reached 39.1%, surpassing the 34.1% decline recorded at the beginning of the year.
Bulls have been blindsided by this reversal, as they expected the positive momentum from Q3—where the asset grew by 34.9%—to sustain itself through the end of the year.
Monthly performance has been a succession of “red numbers.” October closed with a 10.3% dip, followed by a disastrous November that saw the price plummet by 28.3%. Currently trading near $127, the asset is struggling to stay afloat in a market that is punishing its inability to break through key resistance levels above $150.
Institutional Resilience Amid Price Collapse
Despite the notable Solana price drop in 2025 in terms of market value, the network’s fundamentals show unexpected strength. A historic milestone is about to occur: Solana could surpass Ethereum in annual revenue.
In this regard, Anatoly Yakovenko, founder of Solana, noted that network revenue could reach $1.4 billion, a figure that far exceeds the $522 million generated by Ethereum during the same period.
This divergence between price and network usage is explained, in part, by institutional appetite. In mid-December, Solana ETFs recorded cumulative inflows of nearly $700 million, proving that large investors are taking advantage of the price discount.
In summary, with a trading volume that has recently surged by over 40.52%, Solana is seeking stabilization. Although the RSI remains neutral, investors are now looking toward 2026 with caution, hoping the network consolidates its operational dominance and finally manages to translate that financial success onto the price chart, leaving behind the severe Solana price drop in 2025.
