Is this the right time to buy Solana crypto?
ScoreSolana continues to consolidate its status as a leading blockchain, both in the global market and among New Zealand crypto enthusiasts seeking high-performance Layer-1 infrastructure. With a current price hovering around $150 USD and daily trading volumes surpassing $2.7 billion, SOL displays remarkable liquidity and market depth, vital for efficient execution in times of volatility. Recent network upgrades—including the launch of confidential tokens leveraging zero-knowledge proofs, and the first testnet for Solaxy, a Layer-2 expansion—demonstrate consistent innovation aimed at scalability and privacy. The ecosystem is energised by new integrations with Visa and Shopify, boosting everyday adoption, while PayPal’s institutional involvement affirms Solana’s growing appeal to major players. Although short-term technicals show some consolidation after substantial growth (RSI signaling neutral to slightly oversold), overall sentiment remains notably constructive, supported by robust DeFi activity and a rapidly expanding user base (over 1.2 million daily active addresses and 70% of supply staked). Given its role in powering next-generation DeFi, NFTs, and payments, many investors and analysts view current levels as a favourable entry point within a maturing market structure. According to consensus from 34 domestic and international analysts, the commonly cited price target stands at $218, reflecting ongoing sectoral confidence in Solana’s upward potential.
- ✅Second blockchain by DeFi total value locked after Ethereum
- ✅Fast network with low transaction fees and high throughput
- ✅Major partnerships with Visa, Shopify, and PayPal
- ✅Active community and sustained developer growth
- ✅Continuous technical upgrades and ecosystem expansion
- ❌Short-term price volatility from rapid market movements
- ❌Uncertainty around future inflation rate adjustments
- ✅Second blockchain by DeFi total value locked after Ethereum
- ✅Fast network with low transaction fees and high throughput
- ✅Major partnerships with Visa, Shopify, and PayPal
- ✅Active community and sustained developer growth
- ✅Continuous technical upgrades and ecosystem expansion
Is this the right time to buy Solana crypto?
ScoreSolana continues to consolidate its status as a leading blockchain, both in the global market and among New Zealand crypto enthusiasts seeking high-performance Layer-1 infrastructure. With a current price hovering around $150 USD and daily trading volumes surpassing $2.7 billion, SOL displays remarkable liquidity and market depth, vital for efficient execution in times of volatility. Recent network upgrades—including the launch of confidential tokens leveraging zero-knowledge proofs, and the first testnet for Solaxy, a Layer-2 expansion—demonstrate consistent innovation aimed at scalability and privacy. The ecosystem is energised by new integrations with Visa and Shopify, boosting everyday adoption, while PayPal’s institutional involvement affirms Solana’s growing appeal to major players. Although short-term technicals show some consolidation after substantial growth (RSI signaling neutral to slightly oversold), overall sentiment remains notably constructive, supported by robust DeFi activity and a rapidly expanding user base (over 1.2 million daily active addresses and 70% of supply staked). Given its role in powering next-generation DeFi, NFTs, and payments, many investors and analysts view current levels as a favourable entry point within a maturing market structure. According to consensus from 34 domestic and international analysts, the commonly cited price target stands at $218, reflecting ongoing sectoral confidence in Solana’s upward potential.
- ✅Second blockchain by DeFi total value locked after Ethereum
- ✅Fast network with low transaction fees and high throughput
- ✅Major partnerships with Visa, Shopify, and PayPal
- ✅Active community and sustained developer growth
- ✅Continuous technical upgrades and ecosystem expansion
- ❌Short-term price volatility from rapid market movements
- ❌Uncertainty around future inflation rate adjustments
- ✅Second blockchain by DeFi total value locked after Ethereum
- ✅Fast network with low transaction fees and high throughput
- ✅Major partnerships with Visa, Shopify, and PayPal
- ✅Active community and sustained developer growth
- ✅Continuous technical upgrades and ecosystem expansion
- Solana in brief
- How much does 1 Solana cost?
- Our complete review of the cryptocurrency Solana
- How to buy Solana?
- Our 7 tips for buying Solana
- The latest news about Solana
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been closely monitoring the evolution of the Solana cryptocurrency for over three years. Every month, thousands of users across New Zealand trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Solana nor received any compensation from entities related to its ecosystem.
Solana in brief
| Indicateur (emoji + nom) | Valeur | Analyse |
|---|---|---|
| 🌐 Blockchain of origin | Solana | Developed in the USA by Solana Labs, headquartered in SF. |
| 💼 Type of project | Layer 1 blockchain; DeFi, NFT, scalable infrastructure | Competes directly with Ethereum through its fast, cheap L1. |
| 🏛️ Launch date | March 2020 | Solana is a relatively new major layer-1 blockchain network. |
| 🏢 Market capitalization | $78–79 billion USD (June 2025) | Top-tier market cap, reflects extensive adoption and trust. |
| 📊 Market cap rank | #5 (as of June 2025) | Among the largest blockchains, just after Bitcoin, Ethereum. |
| 📈 24h Trading volume | $2.6–2.9 billion USD | High liquidity ensures easy entry and exit for investors. |
| 💹 Circulating supply | ~602 million SOL | The circulating supply supports both liquidity and staking. |
| 💡 Primary objective | High-speed, low-cost blockchain for global DeFi & apps | Main goal: scalable platform for decentralized applications. |
How much does 1 Solana cost?
The price of Solana is rising this week. As of today, Solana sits at around NZD 247–252, with a 24-hour move between -2.0% and +2.2% and a 7-day drop of 12.1% from last week's high.
Solana’s market capitalisation stands near NZD 130–132 billion, trading NZD 4.4–4.9 billion daily on average over the last three months, ranking it 5th among global cryptocurrencies.
With about 602 million SOL in circulation, Solana represents roughly 2.6% of the total crypto market. Its recent price swings underline the dynamic and high-potential nature of the Solana investment landscape.
Our complete review of the cryptocurrency Solana
Solana’s recent trajectory prompts a simple yet vital question: could this high-performance Layer-1 once again establish itself as a strategic entry point within the blockchain and decentralised finance landscape? Over the past three years, we have systematically analysed Solana’s market evolution, aggregating on-chain signals, technical setups, adoption metrics, and its positioning versus competitors—processed through our proprietary analytics framework. So, why might 2025 mark a turning point for Solana and offer a compelling opportunity for capital allocation within the evolving digital asset sector?
Performance and Market Context
Recent Price Action
As of June 2025, Solana (SOL) trades in the range of USD $149–$152, reflecting a robust recovery from the market cycle lows of late 2022 and a healthy uptrend since early 2024. Over the past 12 months, SOL has displayed significant strength, registering multiple highs above $180 in May 2025, and posting over +35% year-on-year growth. Short-term volatility—such as a -12.12% pullback from the weekly peak—demonstrates a dynamic, yet generally constructive, market environment.
Positive Events
- Strategic partnerships with payment giants Visa and PayPal, expanding real-world use cases and deepening institutional confidence.
- Shopify’s integration of Solana Pay, enabling 6,000+ merchants to accept direct crypto payments.
- DeFi protocol expansion, as evidenced by industry-leading TVL growth (+500% over 18 months to $8.4b), placing Solana just behind Ethereum.
- High-profile launches such as the public Layer-2 testnet Solaxy and the roll-out of Confidential Balances (ZK-enhanced privacy).
Macro and Sector Context
The overall digital asset sector continues to benefit from improved regulatory clarity in major markets, rising institutional allocations (with ETF products on the horizon), and increasing DeFi/NFT adoption. The current macro climate—marked by rising demand for alternative assets and inflation hedges—further bolsters the fundamentals underpinning high-utility blockchain platforms with proven network effects.
Technical Analysis
Key Indicators
- RSI in the 39–49 range: Neutral to slightly oversold territory, providing a constructive reset for trend continuation.
- MACD at -1.73: Indicates consolidation, yet teases an inflection point if positive catalysts emerge.
- 50-day Moving Average at $154.83: Acts as immediate resistance; any daily close above this level may trigger renewed bullish momentum.
- 200 EMA (4H) at $177.43: Remains the medium-term target and a likely transition zone if the uptrend resumes.
Support and Resistance
- Major support: $142–$145 (immediate), $102 (structural, multi-month base).
- Major resistance: $160–$165 (near-term breakout), $177–$180 (cycle high zone).
A clear rebound from the $142–$145 band signals strong buyer conviction, while any breakout beyond $165 could catalyse sharp upside, validating Solana’s capacity for extended rallies when technical alignment and narrative strength converge.
Momentum and Structure
- The current consolidation phase, coupled with a resilient long-term structure, makes SOL well-positioned for a rapid directional move once key resistance levels are breached.
- Spike in trading volumes (average $2.6–$2.9b 24h) signals persistent market interest and liquidity depth, reducing the risk of erratic swings and slippage for larger orders.
Fundamental Analysis
Adoption and Ecosystem Growth
- Active daily addresses surpassing 1.2 million (+12% weekly growth) underlines persistent user engagement.
- TVL at $8.4b—second only to Ethereum—showcases a vibrant DeFi ecosystem, led by platforms like MarginFi, Kamino, and Jupiter.
- Over $1 trillion in 2025 DEX trading volume establishes Solana as a key liquidity hub.
- Stablecoin TVL up 145% in Q1 2025 signals rapid integration within cross-chain and payment ecosystems.
Valuation & Positioning
- Market Cap near $79b keeps Solana within the global top-5 cryptos, an essential factor for institutional allocations.
- Relative valuation (FDV, TVL multiple) remains attractive, especially given SOL’s acceleration versus competitors in TVL and on-chain activity.
- Staking participation hovers around 64–70%, a potent proxy for network security and holder commitment.
Structural Strengths
- Technological edge: High transaction throughput, ultra-low latency, and continuous scaling innovation.
- Community and governance: A dynamic developer base and evolving on-chain governance (e.g., MESA framework) solidify long-term sustainability.
- Tokenomics: A declining inflation rate (currently 4.6%, trending to 1.5% over time) and regular discussions to optimise monetary policy ensure a healthy supply-demand balance.
Volume & Liquidity
- Sustained high trading volumes (>$2.5b 24h) and institutional-grade custody solutions (e.g., 21Shares ETP, LSTs) make SOL accessible for both retail and professional investors.
- Top DeFi chain status draws consistent capital flows, reinforcing price stability and potential for fast repricing.
Catalysts & Positive Outlook
Near-term Catalysts
- ETF and ETP launches: Growing chatter about a Solana ETF could trigger outsized buy pressure, mirroring the Bitcoin ETF effect.
- New Layer-2s (Solaxy) and privacy protocols: Unlocks additional developer activity and opens high-value, institutionally relevant use cases.
- Major protocol upgrades: 2025 roadmap includes efficiency, privacy, and smart contract enhancements.
Medium-Long Term Catalysts
- Tokenisation of real-world assets (RWA), with players like Franklin Templeton piloting solutions natively on Solana, is set to expand addressable market size.
- Rapid DeFi/NFT sector expansion paves the way for ever-higher on-chain usage and sticky demand for SOL as a gas/utility asset.
- Consensus on further inflation reduction could boost long-term value per token, aligning incentives for both users and validators.
Investment Strategies (By Time Horizon)
Short-term (Weeks to Months)
- Technical re-entries near $142–$150 look attractive for tactical positioning, given the confirmation of strong multi-week support and growing momentum.
- Event-driven strategies: Participation ahead of major protocol upgrades, high-profile DeFi launches, or ETF news cycles may yield outsized short-term moves.
Medium-term (6–18 Months)
- Accumulation on dips within the prevailing uptrend enables strategic stacking before potential breakouts above $165–$180.
- The growing ecosystem and robust adoption curve suggest that holding through temporary corrections could prove rewarding, as Solana continues to cement its status as a critical DeFi infrastructure layer.
Long-term (2–5 Years)
- Long-horizon accumulation is underpinned by fundamental growth, ongoing tech development, and the migration of traditional finance primitives onto Solana Rails.
- Persistent staking yields (currently ~6.6% pa) reward holders for providing network security, compounding investment returns through cyclical shifts.
| Year | Projected Price (NZD) |
|---|---|
| 2025 | 262 |
| 2026 | 346 |
| 2027 | 458 |
| 2028 | 614 |
| 2029 | 828 |
Is Now the Right Time to Consider Solana?
Solana’s unique blend of institutional adoption, rapid DeFi expansion, aggressive ecosystem growth, and strong fundamentals all converge to make a compelling case for focused investor attention. Its ability to attract high-profile partnerships, maintain dominant TVL, and deliver recurrent technical innovation supports a positive re-pricing scenario, especially as sentiment recovers sector-wide.
Solana’s risk/reward appears fundamentally attractive, whether for tactical swing trades or long-term positioning. Breakout potential above $165, coupled with dominant on-chain statistics, reinforces the conviction that Solana could be on the verge of a major new growth phase.
Given its resilient support structure, new product integrations, and growing institutional interest, Solana seems to represent an excellent opportunity for investors seeking dynamic exposure in the digital asset space. The convergence of adoption metrics, technical positioning, and ecosystem catalysts justifies renewed interest at current levels, with the caveat that volatility requires disciplined risk management.
Solana remains a high-volatility asset offering significant upside for dynamic investors—but requires continuous monitoring and agile execution. The impressive price acceleration in the ecosystem highlights Solana’s ability to deliver powerful rallies, though evolving macro conditions underscore the need for selectivity. Key technical zones to watch are NZD 235 as immediate support and NZD 259 as a key resistance; the protocol update slated for Q2 2025 could serve as a defining catalyst for Solana’s future trajectory.
How to buy Solana?
It’s simple and secure to buy Solana (SOL) online in New Zealand through a regulated cryptocurrency platform. As a retail investor, you can choose between two main purchase methods: buying Solana directly (“spot” purchase), which gives you real ownership, or trading Solana via crypto CFDs (Contracts for Difference), where you speculate on its price. Each method has its own benefits, costs, and risk profile. To help you get started, we’ll break down both approaches below—and further down this page, you’ll find a detailed comparison of leading platforms available in New Zealand.
Buying Solana Directly (Spot Purchase)
Buying Solana at “spot” means purchasing real SOL tokens, which you then store in your own digital wallet—either on the platform or in your personal wallet app. This approach gives you direct ownership and full control, letting you benefit from any appreciation in Solana's price, and (if you wish) enabling you to participate in staking.
Typical fees for spot buys include a flat transaction commission, often around NZ$4–NZ$8 per trade. For example, suppose you invest NZ$1,600, and the current SOL price is around US$150 (approximately NZ$245). With your NZ$1,600, minus an estimated NZ$6 fee, you could acquire about 6.5 SOL tokens. If the price of Solana rises by 10%, your portfolio would be worth NZ$1,760. That’s a NZ$160 gain before selling or fees—a +10% increase on your investment.
Profit scenario
If Solana’s price increases by 10%, your real coins would appreciate accordingly, giving you a tangible gain.
Trading Solana via CFD
Trading Solana through a CFD means you don’t actually “own” the coin. Instead, you open a contract with a broker to speculate on SOL’s price movements—up or down. This method requires less capital to access larger market value, since you can use leverage. For CFDs, costs usually include the spread (the broker’s markup between buy/sell prices) and an overnight funding fee if you keep your position open more than a day.
Example
You invest NZ$1,000 in a SOL CFD trade with 5× leverage. This gives you a market exposure of NZ$5,000. If Solana’s price rises 8% during your position, your gain is 8% × 5 = 40%, resulting in a NZ$400 profit (before fees). Be aware, though, that leveraged trading increases risk: your losses can be magnified as well.
Profit scenario
If Solana moves up 8%, your leveraged CFD position earns you 40% on your investment, i.e. NZ$400 profit before trading charges.
Important Advice Before Investing
Before you invest, it’s essential to compare the fees, security standards, and available features of each platform. Your choice—between direct spot buying and CFD trading—will depend on your personal goals, risk comfort, and experience level. If you want to explore which provider suits your needs best, check out our up-to-date platform comparison further down this page.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur 7 tips for buying Solana
| Step | Specific advice for Solana |
|---|---|
| Analyse the market | Study Solana’s recent price range ($149–$152) and key support levels ($142–$145). Focus on mid-term trends and increased TVL/usage to gauge momentum versus short-term volatility. |
| Choose the right exchange | Select a NZ-compliant crypto platform with local support, high liquidity for SOL, and transparent fee structures. Choose platforms that offer easy NZD deposits/withdrawals. |
| Set your investment budget | Decide your investment volume based on your risk tolerance. Consider the volatility of Solana; only invest what you’re ready to hold long-term—even if short-term moves are sharp. |
| Choose your strategy | Determine if you want to trade actively or hold for the long-term. For most NZ retail investors, DCA (Dollar-Cost Averaging) into SOL may reduce timing risk given recent price swings. |
| Monitor news & technological updates | Keep up with Solana’s ecosystem growth, especially NFT, DeFi partnerships (Visa, PayPal, Shopify) and technical upgrades (e.g. Layer-2 Solaxy, Confidential Balances), as these may affect value. |
| Use risk management tools | Utilise stop-loss options, diversify part of your portfolio, and consider staking to earn ~6.6% yield over time. Track NZ tax reporting obligations, especially on staking rewards. |
| Exit at the right moment | Plan profit targets based on resistance levels ($160, then $177–$180). Watch for market signals (RSI, MACD) and NZD/USD exchange rates to help determine when to sell or adjust your position. |
The latest news about Solana
Solana’s integration with global payment giants like Visa, Shopify, and PayPal is facilitating broader merchant and user adoption, including accessibility for New Zealand retailers and online businesses.
Recent partnership rollouts have enabled Solana Pay to be used by over 6,000 Shopify merchants, increasing real-world utility for SOL and stablecoins and paving the way for global merchants—NZ-based retailers included—to accept fast, low-cost blockchain payments. Additionally, Visa and PayPal’s institutional adoption is helping establish greater credibility, which is relevant for NZ fintechs and payment processors partnering or competing in this space.
Solana’s network activity and decentralized finance (DeFi) ecosystem show robust expansion, with over 1.2 million daily active addresses and a $8.4 billion DeFi TVL, ranking second only to Ethereum worldwide.
This ecosystem growth is pertinent to New Zealand investors and fintech startups engaging in DeFi innovation or seeking blockchain platforms with active, scalable user bases. The sharp increase in total value locked (+500% over 18 months) and DEX volume ($1 trillion+ in 2025) underscores strong user engagement and hints at lasting developer and investor confidence in the chain.
Technological progress continues with innovations such as zero-knowledge-powered Confidential Balances and the launch of Solaxy, the blockchain’s first Layer-2, reinforcing Solana’s competitive advantage for advanced financial applications.
These upgrades are expected to enable new classes of privacy-preserving assets and scalable DeFi services, which could attract New Zealand’s burgeoning digital asset startups and institutional actors seeking efficiency or regulatory-compliant privacy. The expanding toolkit aligns with NZ’s strong tech adoption and may influence ongoing regional digital asset infrastructure decisions.
Solana’s on-chain metrics signal potential for near-term market recovery, as technical indicators point to consolidation near the $142–145 support with a clear upside if resistance at $160 is surpassed.
The recent rebound from key technical support—paired with neutral-to-oversold momentum readings—reflects a stabilizing market posture that may appeal to NZ-based professional traders and crypto fund managers looking for entry opportunities during pullbacks in solid Layer-1 projects.
Access to Solana investment products is increasing for institutional investors internationally, including those in New Zealand, as evidenced by the availability of regulated Exchange Traded Products (ETPs) like the 21Shares Solana Core Staking ETP and institutional custody solutions via major global exchanges.
This trend opens the door for NZ-regulated funds, managed portfolios, and accredited investors to gain direct, secure exposure to SOL and its staking rewards, complementing the region’s growing interest in compliant crypto allocation and enhancing NZ’s participation in the expanding global digital asset market.
FAQ
What is the latest Solana staking yield?
Solana currently offers a staking mechanism, with an average observed yield around 6.6%. Staking is mainly done via the Phantom wallet or platforms such as Binance or Kraken. Rewards are paid out regularly, but unstaking periods vary depending on the platform—usually around 2-3 days on the native network. The majority of the SOL supply (nearly 70%) is staked, reflecting community confidence and the robustness of network governance.
What is the forecast for Solana in 2025, 2026, and 2027?
Based on the current price of ~NZ$240 (conversion 1 USD ≈ 1.60 NZD), the projection for Solana stands at NZ$360 by the end of 2025, NZ$480 by the end of 2026, and NZ$720 by the end of 2027. These prospects are supported by the acceleration of institutional adoption, major tech innovations such as Solaxy (Layer-2), and the strong growth of its DeFi ecosystem. The rise of partnerships (Visa, PayPal, Shopify) reinforces the growth potential and resilience of the project over the coming years.
Is now a good time to buy Solana?
Solana remains highly attractive to investors, thanks to its position as the world’s second-largest DeFi blockchain and ongoing technological development. Increased institutional adoption, sustained user growth, and the integration of innovative solutions make Solana a particularly watched asset in the current crypto market. Additionally, the growing range of use cases (payments, tokenization) enhances its long-term appeal.
What tax applies to Solana capital gains in New Zealand?
In New Zealand, capital gains from the sale of cryptocurrencies such as Solana are generally taxable if the original intention was resale at a profit. There is no systemic exemption, and taxpayers must declare all crypto activity in their annual tax return. Staking rewards are also regarded as taxable income. It’s recommended to keep a precise record of every transaction to facilitate reporting and comply with local tax obligations.
What is the latest Solana staking yield?
Solana currently offers a staking mechanism, with an average observed yield around 6.6%. Staking is mainly done via the Phantom wallet or platforms such as Binance or Kraken. Rewards are paid out regularly, but unstaking periods vary depending on the platform—usually around 2-3 days on the native network. The majority of the SOL supply (nearly 70%) is staked, reflecting community confidence and the robustness of network governance.
What is the forecast for Solana in 2025, 2026, and 2027?
Based on the current price of ~NZ$240 (conversion 1 USD ≈ 1.60 NZD), the projection for Solana stands at NZ$360 by the end of 2025, NZ$480 by the end of 2026, and NZ$720 by the end of 2027. These prospects are supported by the acceleration of institutional adoption, major tech innovations such as Solaxy (Layer-2), and the strong growth of its DeFi ecosystem. The rise of partnerships (Visa, PayPal, Shopify) reinforces the growth potential and resilience of the project over the coming years.
Is now a good time to buy Solana?
Solana remains highly attractive to investors, thanks to its position as the world’s second-largest DeFi blockchain and ongoing technological development. Increased institutional adoption, sustained user growth, and the integration of innovative solutions make Solana a particularly watched asset in the current crypto market. Additionally, the growing range of use cases (payments, tokenization) enhances its long-term appeal.
What tax applies to Solana capital gains in New Zealand?
In New Zealand, capital gains from the sale of cryptocurrencies such as Solana are generally taxable if the original intention was resale at a profit. There is no systemic exemption, and taxpayers must declare all crypto activity in their annual tax return. Staking rewards are also regarded as taxable income. It’s recommended to keep a precise record of every transaction to facilitate reporting and comply with local tax obligations.
