There’s a heated debate in the cryptocurrency world. Some predict a further decrease, while others believe the market has already hit bottom. Bitcoin hasn’t reclaimed the $98,000 mark, giving more credence to those expecting a decrease. However, by the time Bitcoin reaches that target level, altcoins are likely to have already increased. This exemplifies the high-risk, high-reward nature of the crypto market. Meanwhile, interesting developments are happening on the Solana network, particularly in 2025.
Why is Solana Better?
In the first quarter of 2025, the Solana network experienced an explosive memecoin craze, leading to massive volumes. Prominent figures within the community manipulated the hype, earning hundreds of millions of dollars unjustly. The volume increased to astonishing levels. Furthermore, Solana’s on-chain spot volume exceeded $1.6 trillion in 2025.
The Kobeissi Letter highlighted this fascinating data, noting that Solana’s network surpassed all centralized exchanges except Binance;
“In 2025, Solana on-chain spot volume officially surpassed all off-chain exchanges, except Binance, with a total of $1.6 trillion. According to JupiterExchange, Solana’s on-chain volumes have risen from 1% of total volume in 2022 to 12%. In 2025, Solana officially surpassed Bybit, Coinbase Global, and Bitget in terms of total volume. Meanwhile, Binance’s market share dropped from 80% in 2022 to 55%. Crypto activity is swiftly moving on-chain.”
Cryptocurrencies Set to Rise
Swissblock, known for its on-chain analysis and unique metrics, has recently shifted its stance. Despite publishing numerous bearish reports, the situation appears to be changing. Today, the team highlighted changes in risk indices, stating that Bitcoin has identified its bottom and is now poised to continue its upward trajectory.
“In November 2025, our Risk Index reached extreme levels and remains in the High Risk area. Historically, these levels indicate the formation of a definitive bottom phase, often followed by strong, long-term uptrends. We remain in the High Risk area, but the question is: for how long? Are we witnessing the final preparations before a near-term breakout?”
With Swissblock involved, cryptocurrencies really might be on the rise.
