The Solana Breakpoint 2025 event has entered its fourth edition this year. At the ongoing three day conference in Abu Dhabi, the co-founders of Solana Labs – Anatoly Yakovenko and Raj Gokal shared their vision for the blockchain network that started as a ghost chain in 2020 and now stands as the second most commercial blockchains, closely tailing Ethereum.
Gokal kickstarted the second day of the conference with the prediction that in the next ten years, 25 percent of the global finance will be on-chain. Out of this 25 percent, he envisions Solana controlling at least ten percent. Presently, there is no clear data that testifies to the percentage of global economy that has moved on-chain, however, research reports repeatedly describe the portion as “miniscule”.
“Crypto is accelerating faster than any of us anticipated. In 2017 we didn’t imagine we’d have your US regulatory environment that, you know, we’d get the support of major countries, you know, issuing out some chain major banks. So I think that, I think we should probably upgrade that to like 25 percent and, you know, Solana gets at least 10 percent in that trade, or all 25 percent,” said Gokal, who has been heading Solana Labs as the COO since 2017.
The Solana team said it’s only natural for crypto firms to see a growth in their revenues in the coming future now that major economies are working to bring regulatory clarity over the sector. Citing an unspecified recent report, Gokal said that a majority of the last 20 companies that hit $100 million in revenue were crypto firms, most of which are linked to Solana.
“So that was always kind of the goal. You need the entropy of like, 1000s of entrepreneurs just exploring every possible value proposition for how to use block space. And I think we have that, like Coliseum hackathons are just getting bigger and bigger, 1700 teams at a time now,” he added.
Both Gokal and Solana Labs CEO, Yakovenko have encouraged the community to come up with crazy ideas, have fun, and explore a lot of weird crypto loops that are yet to be explored.
“We’ve seen teams actually start to earn revenues from these new apps and getting their first 10,000 users in the Seeker ecosystem. And this is again, a much, much smaller distribution channel than Apple, but it’s a very concentrated one. These are folks that are crypto first, crypto native, and they want to try stuff. Go figure out the loops that get users excited and start earning your first dollars,” Gokal noted.
Concluding their address, the Solana team announced London as the next destination for the Solana Breakpoint event for 2026 slated for November 15 to November 17 next year.
The total value locked in Solana as of Friday, December 12 is $8.98 billion, data by CoinGecko showed.