Solana's native token, SOL, has demonstrated remarkable growth this year, with its price reaching nearly $125 and a market capitalization of around $48 billion. This performance has made SOL the fourth-largest digital currency, surpassing Binance Coin (BNB) and Ripple (XRP).

Future growth potential for SOL depends on factors such as technology adoption, overcoming past network issues, regulatory developments, and potential strategic partnerships. Solana's low costs and fast transaction speed make it an attractive ecosystem for decentralized applications. However, it must address past network outages to maintain its reputation.

Regulatory developments could also impact SOL's success, with favorable rules potentially boosting its value. Strategic collaborations with prominent organizations could further enhance SOL's utility and adoption.

Despite its progress, SOL's market cap remains far behind Ethereum and USDT. However, Solana has outperformed Ethereum in certain metrics, such as trading volume and NFT sales volume. This indicates growing interest in the cryptocurrency and suggests that SOL could continue to progress in the coming years.