Why Consider Buying Solana (SOL)?
- Blazing Fast & Low‑Cost Transactions
Solana is renowned for its high transaction speeds and low fees, making it well-suited to DeFi, gaming systems, and NFTs.
- Institutional Recognition & Adoption
To demonstrate their growing institutional trust, the Solana Foundation is teaming up with major banks and financial institutions such as HSBC, Bank of America, Euroclear (pictured), and Singapore's MAS to merge Sola for tokenizing real-life assets.
- The potential for ETF exposure and regulatory momentum
The REXO sprey Solana + Staking ETF (SSK) is the first U.K. ETP to be launched in July 2025. Through traditional brokerage accounts, an ETF can invest directly in SOL, which offers staking advantages and greater accessibility due to its annual yield of 7.3%. Moreover, Solana is widely considered to be a likely option for future locations due to the approval of Ether ETFs.
How to Buy Solana (SOL)
1. Through Centralized Exchanges (CEXs):
Kraken, Gemini, Binance, Coinbase, and Robinhood are platforms where simple SOL purchases can be made through cards or bank transfers. However many other options exist as well.
2. Through DEXs and Wallet Apps:
- You can purchase SOL funds straight to your self-custodial wallet through Phantom Wallet, which is available for desktop or mobile devices. This feature includes Apple Pay, Google Pay and MoonPay, among others.
- DEXs like Raydium, Orca, and aggregated platforms like Jupiter facilitate peer-to-peer swapping of USDC (or other tokens) for SOL great among advanced users.
3. Using Payment Platforms:
In over 150 countries, MoonPay and other services enable customers to buy SOL through cards or bank transfers, delivering it directly to their wallets.
Price Forecasts by 2030
A visual representation of the future:
Prediction Source | 2030 Price Estimate |
---|---|
Gate.com average | $480 (potential low $296 to high $744) |
VanEck scenarios | From bearish $9.81 to bullish $3,211 |
Yahoo Finance | Up to $1,042 |
Caveat: Forecasts are speculative. Results will be influenced by various factors such as adoption, regulation, and competition in the end. Always conduct your own research.
A hypothetical financial scenario that will last until 2030
- Current Price: $170
- Low-End Forecast ($480): 183% gain
- Mid Forecast ($1,000): 488% gain
- High-End Forecast ($3,200): 1,776% gain
To illustrate, a $1,000 investment could yield:
- $2,800 at $480,
- $5,800 at $1,042,
- $33,000 at $3,200
Exceptional yields are only indicative and not obligatory.