Top cryptos 2025: for Fidelity, it's a challenge between Solana and Ethereum

The debate over SOL and ETH

In the recent report “Look Ahead 2025” shared by Fidelity Digital Assets, the crypto arm of the asset giant Fidelity Investments, the outlook for the crypto industry in the coming months was analyzed, putting the developments in the Ethereum and Solana ecosystems particularly under the magnifying glass.

According to Fidelity, the challenge between the two networks will characterize the entire 2025, for a competition whose fruits can be reaped by the entire industry. On one side are the speed and low operational costs offered by Solana, while on the other are the more robust fundamentals of Ethereum. In other words, one expects interesting surprises from the former, but is safer betting long-term on the latter.

The extensive and steady activity of developers, along with the TVL and stablecoin offerings, give Ethereum greater prospects for the long term, but in the short term one cannot ignore Solana’s growing numbers, “pumped up” by factors such as memecoin trading.

“Short-term price trends often revolve around narratives, and Solana may be the most noteworthy contender, in this sense, through 2025, given planned upgrades,” Fidelity said.

They are talking specifically about Firedancer, the update through which Solana aims to further increase the speed of transactions on the network. Ethereum, with Pectra, is also aiming for improved scalability and security for users, but may generate much less enthusiasm in the community, according to the asset manager, as it has no direct influence on the price of ETH.

Another advantage for ETH is ETFs, but even with respect to that, 2025 could be a harbinger of interesting regulatory surprises.