04 Jun 2025 Arjun Agarwal
Solana vs. Other Cryptos in 2025: Why More Australians Are Buying SOL
If you’ve kept an eye on the crypto market lately, you’ve probably heard the buzz around Solana.
There was a time when it was once viewed as just another altcoin. But in recent times, Solana (or SOL) has emerged as a serious alternative not just to Ethereum, but even to Bitcoin in some circles.
Whether it’s the low fees, blistering speeds or its growing number of use cases that attract them, more Australians than ever are buying SOL to add to their portfolios.
But is the hype justified? And how does Solana really compare to the bigger names in crypto?
In this post, we’ll explore what makes SOL shine such an attractive option and why it’s gaining traction so quickly across Australia.
How to Buy Solana in Australia
Before we explore that, if you're ready to join the SOL crowd but aren’t sure where to begin, it's worth pointing you in the right direction.
If you want to know how to buy Solana in Australia, trusted local exchanges like Independent Reserve present a reputable entry.
They offer competitive fees, solid customer support and strong local compliance, which makes them a safe bet for newcomers and seasoned crypto traders who want to add Solana to their portfolio.
What Makes Solana Stand Out in 2025?
The crypto market is filled with plenty of promising projects. However, Solana has distinguished itself with its speed, affordability, and a rapidly expanding ecosystem. Here's what makes SOL a standout choice for Aussie investors in 2025.
- Lightning-Fast Transactions
Speed is one of Solana’s biggest strengths, because while Bitcoin handles around 7 transactions per second (TPS) and Ethereum sits at 30 TPS, Solana comfortably hits 65,000 TPS. Moreover, it's still scaling.
This means for those who use crypto in real time, whether transferring funds, minting NFTs, or playing decentralised games, they stand to benefit markedly from this increased speed.
- Low Fees in a High-Fee Market
If you have ever been hit with a $30+ gas fee on Ethereum just to send $100, then you will be pleased to read that’s not a problem with Solana.
Indeed, transaction fees are often less than one cent. Therefore, Solana offers a far more affordable experience, especially for Aussies looking to get involved in DeFi or NFTs without bleeding funds.
- Developer-Friendly Ecosystem
Behind every strong crypto is a thriving developer community, and Solana is no exception.
Thanks to its efficient architecture and support tools, it has become a favourite for dApp creators and NFT marketplaces. As a result, the ecosystem now includes everything from gaming to payment apps. Many of which are gaining notable traction right here in Australia.
Solana vs Ethereum and Bitcoin: Key Differences
While Ethereum and Bitcoin still dominate the headlines, Solana is carving out its own lane in the crypto world. Here is how the three stack up in relation to speed, utility, and everyday use.
Ethereum’s Gas Problem vs. Solana’s Speed
Ethereum has powerful smart contract capabilities but remains notorious for its high gas fees and congestion.
Indeed, even with Ethereum 2.0 upgrades underway, Solana’s out-of-the-box speed and scalability give it a massive edge for those who want fast and cheap transactions. It’s particularly attractive to Aussies who use blockchain on a regular basis.
Bitcoin for Saving, Solana for Spending
While Bitcoin remains the go-to for long-term holding or “digital gold”, its network wasn’t designed for everyday utility.
Solana, on the other hand, was built for performance and scalability. So, this makes it better suited to real-world applications like e-commerce, gaming, and decentralised finance.
Smart Contracts and NFTs: SOL’s Growing Role
Solana’s smart contract capabilities and NFT performance have exploded over the past year.
In fact, from art to digital gaming assets, SOL-powered NFTs now rival Ethereum-based collections. When you consider that it comes with lower minting fees and faster transaction times, it's easy to see why it has quickly become the platform of choice for emerging creators in Australia.
Why Australians Are Turning to Solana in 2025
From seasoned investors to first-time buyers, more Australians are choosing Solana as their go-to crypto in 2025. But what are the main factors driving this national shift?
Here are three of the main ones:
Rising Adoption by Aussie Crypto Platforms
It’s never been easier to buy, sell, or stake Solana in Australia. That is because major platforms like Independent Reserve, CoinSpot and Swyftx all list SOL.
In addition, some now offer staking rewards too. Subsequently, this easier access is helping boost local uptake, especially among first-time investors.
Growing Support for Solana in the Retail Space
Solana is gaining traction worldwide with payment processors and point-of-sale platforms, and a few Aussie retailers have begun accepting SOL as payment, too.
As mainstream crypto acceptance grows, so will Solana’s relevance, especially for shoppers and merchants alike.
Social Buzz and Mainstream Appeal
Crypto communities on Twitter/X, YouTube and Reddit are lighting up with Solana content.
As a result of influencers sharing staking strategies or NFT creators showcasing their latest collections, SOL has captured public attention in a way that feels fresh and accessible to everyday Australians.
Is Solana a Smart Long-Term Investment?
Thanks to its lightning-fast transactions, low fees, and expanding ecosystem, Solana has positioned itself as one of the most promising long-term crypto assets.
Moreover, it is continuing to attract developers, users, and institutional interest, with more real-world use cases emerging across finance, gaming, and NFTs.
While it faces competition from other high-performance blockchains and has previously experienced network outages, the ongoing improvements and community support suggest strong potential for future growth.
However, like any investment, it carries risk. But, nonetheless, for Australians seeking exposure to a utility-driven blockchain with strong momentum, SOL is worth serious consideration.
Solana
