Introduction: PNG vs SOL Investment Comparison
In the cryptocurrency market, Pangolin vs Solana comparison has been an unavoidable topic for investors. The two not only show significant differences in market cap ranking, application scenarios, and price performance, but also represent different positioning in the crypto asset space.
Pangolin (PNG): Launched in 2021, it has gained market recognition as a decentralized exchange (DEX) operating on the Avalanche network.
Solana (SOL): Since its inception in 2017, it has been hailed as a high-performance blockchain protocol, becoming one of the cryptocurrencies with the highest global trading volume and market capitalization.
This article will comprehensively analyze the investment value comparison between Pangolin and Solana, focusing on historical price trends, supply mechanisms, institutional adoption, technological ecosystems, and future predictions, attempting to answer the question investors care about most:
"Which is the better buy right now?"
I. Price History Comparison and Current Market Status
PNG and SOL Historical Price Trends
- 2021: PNG reached its all-time high of $18.85 on February 19, 2021, likely due to the initial hype surrounding the launch of Pangolin DEX on Avalanche.
- 2025: SOL hit its historical peak of $293.31 on January 19, 2025, possibly driven by increased adoption and ecosystem growth.
- Comparative analysis: In the recent market cycle, PNG has declined from its all-time high of $18.85 to a current price of $0.0475, while SOL has shown more resilience, trading at $134.19 after reaching its peak of $293.31.
Current Market Situation (2025-11-21)
- PNG current price: $0.0475
- SOL current price: $134.19
- 24-hour trading volume: PNG $19,230.27 vs SOL $95,019,053.05
- Market Sentiment Index (Fear & Greed Index): 14 (Extreme Fear)
Click to view real-time prices:

II. Core Factors Affecting Investment Value of PNG vs SOL
Supply Mechanism Comparison (Tokenomics)
- PNG: Maximum supply of 10,000,000 PNG tokens with a declining emission rate that follows a logarithmic curve, reducing from 59 PNG per block to 4.5 PNG per block. Governance token for Pangolin DEX.
- SOL: Total supply of approximately 563 million tokens with inflation rate starting at 8% annually, decreasing by 15% each year until reaching a long-term inflation rate of 1.5%.
- 📌 Historical Pattern: SOL's higher initial inflation has caused supply-side pressure, while PNG's limited supply with declining emissions creates potential scarcity value over time.
Institutional Adoption and Market Applications
- Institutional Holdings: SOL has gained significant institutional support with investments from Alameda Research, Andreessen Horowitz, and integration with FTX exchange, while PNG has limited institutional backing.
- Enterprise Adoption: SOL has broader enterprise applications across DeFi, NFTs, and gaming with partnerships including Brave Browser and Circle, while PNG remains primarily focused on Avalanche-based DeFi.
- National Policies: Both tokens face regulatory scrutiny in various jurisdictions, with SOL potentially facing higher regulatory risks due to its wider adoption and higher market capitalization.
Technical Development and Ecosystem Building
- PNG Technical Upgrades: Launched V2 with upgraded router contracts and concentrated liquidity pools similar to Uniswap V3, enhancing capital efficiency on Avalanche.
- SOL Technical Development: Implements parallel transaction processing through Proof of History, allowing theoretical throughput of 65,000 transactions per second, with ongoing improvements to network stability following outages.
- Ecosystem Comparison: SOL has a more diverse ecosystem spanning DeFi, NFTs, gaming, and mobile applications with over $1 billion in TVL. PNG is focused primarily on DEX functionality within the Avalanche ecosystem with approximately $22 million TVL.
Macroeconomic Factors and Market Cycles
- Performance During Inflation: SOL has demonstrated higher volatility during inflation periods but greater upside potential in bull markets, while PNG tends to follow Avalanche ecosystem trends.
- Macroeconomic Monetary Policy: Both tokens show negative correlation with interest rate hikes, with SOL typically experiencing more pronounced effects due to its higher market cap and liquidity.
- Geopolitical Factors: SOL's broader global presence provides exposure to international adoption trends, while PNG remains more dependent on Avalanche ecosystem growth and regional DeFi adoption patterns.
III. 2025-2030 Price Prediction: PNG vs SOL
Short-term Prediction (2025)
- PNG: Conservative $0.0451-$0.0480 | Optimistic $0.0480-$0.0715
- SOL: Conservative $92.73-$134.39 | Optimistic $134.39-$193.52
Mid-term Prediction (2027)
- PNG may enter a growth phase, with prices expected to range $0.0578-$0.1082
- SOL may enter a consolidation phase, with prices expected to range $188.47-$230.13
- Key drivers: Institutional capital inflow, ETF, ecosystem development
Long-term Prediction (2030)
- PNG: Base scenario $0.1178-$0.1455 | Optimistic scenario $0.1455-$0.1755
- SOL: Base scenario $257.59-$311.69 | Optimistic scenario $311.69-$365.78
View detailed price predictions for PNG and SOL
Disclaimer: The above predictions are based on historical data and current market trends. Cryptocurrency markets are highly volatile and subject to rapid changes. These forecasts should not be considered as financial advice. Always conduct your own research before making investment decisions.
PNG:
| 年份 |
预测最高价 |
预测平均价格 |
预测最低价 |
涨跌幅 |
| 2025 |
0.0715051 |
0.04799 |
0.0451106 |
1 |
| 2026 |
0.088426374 |
0.05974755 |
0.0555652215 |
25 |
| 2027 |
0.10816696452 |
0.074086962 |
0.05778783036 |
55 |
| 2028 |
0.1011509292186 |
0.09112696326 |
0.0601437957516 |
91 |
| 2029 |
0.139401472046985 |
0.0961389462393 |
0.051915030969222 |
102 |
| 2030 |
0.175477611623282 |
0.117770209143142 |
0.114237102868848 |
147 |
SOL:
| 年份 |
预测最高价 |
预测平均价格 |
预测最低价 |
涨跌幅 |
| 2025 |
193.5216 |
134.39 |
92.7291 |
0 |
| 2026 |
232.817236 |
163.9558 |
108.210828 |
22 |
| 2027 |
230.12836088 |
198.386518 |
188.4671921 |
47 |
| 2028 |
276.3920968776 |
214.25743944 |
192.831695496 |
59 |
| 2029 |
269.85724497468 |
245.3247681588 |
235.511777432448 |
82 |
| 2030 |
365.7792293247708 |
257.59100656674 |
218.952355581729 |
91 |
IV. Investment Strategy Comparison: PNG vs SOL
Long-term vs Short-term Investment Strategies
- PNG: Suitable for investors focused on DeFi ecosystems and yield farming opportunities
- SOL: Suitable for investors seeking high-performance blockchain exposure and ecosystem growth potential
Risk Management and Asset Allocation
- Conservative investors: PNG: 5% vs SOL: 15%
- Aggressive investors: PNG: 15% vs SOL: 30%
- Hedging tools: Stablecoin allocation, options, cross-currency portfolio diversification
V. Potential Risk Comparison
Market Risk
- PNG: High dependence on Avalanche ecosystem growth and DEX market share
- SOL: Volatility due to broader market sentiment and competition from other Layer 1 protocols
Technical Risk
- PNG: Scalability limitations of Avalanche network, smart contract vulnerabilities
- SOL: Network stability issues, centralization concerns
Regulatory Risk
- Global regulatory policies may have a more significant impact on SOL due to its higher market cap and wider adoption
VI. Conclusion: Which Is the Better Buy?
📌 Investment Value Summary:
- PNG advantages: Niche DEX position in Avalanche ecosystem, potential for growth with limited token supply
- SOL advantages: High-performance blockchain, diverse ecosystem, institutional backing
✅ Investment Advice:
- Novice investors: Consider SOL for broader exposure to crypto ecosystem
- Experienced investors: Balanced allocation between SOL and PNG based on risk tolerance
- Institutional investors: Focus on SOL for liquidity and ecosystem potential, consider PNG for diversification in DeFi
⚠️ Risk Warning: Cryptocurrency markets are highly volatile. This article does not constitute investment advice.
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VII. FAQ
Q1: What are the main differences between PNG and SOL?
A: PNG is a decentralized exchange token on the Avalanche network, while SOL is the native token of the Solana blockchain. SOL has a larger market cap, higher trading volume, and a more diverse ecosystem spanning DeFi, NFTs, and gaming. PNG is primarily focused on DeFi applications within the Avalanche ecosystem.
Q2: Which token has shown better price performance recently?
A: SOL has demonstrated better price performance and resilience compared to PNG. As of November 21, 2025, SOL is trading at $134.19, down from its all-time high of $293.31, while PNG has declined more significantly from its peak of $18.85 to $0.0475.
Q3: How do the supply mechanisms of PNG and SOL differ?
A: PNG has a maximum supply of 10 million tokens with a declining emission rate. SOL has a total supply of approximately 563 million tokens with an inflation rate that starts at 8% annually and decreases by 15% each year until reaching a long-term inflation rate of 1.5%.
Q4: Which token has greater institutional adoption?
A: SOL has gained significant institutional support with investments from major firms like Alameda Research and Andreessen Horowitz, as well as integration with FTX exchange. PNG has limited institutional backing in comparison.
Q5: What are the key technical advantages of each token?
A: PNG has implemented V2 upgrades with concentrated liquidity pools similar to Uniswap V3, enhancing capital efficiency on Avalanche. SOL utilizes parallel transaction processing through Proof of History, allowing for theoretical throughput of 65,000 transactions per second.
Q6: How do the long-term price predictions for PNG and SOL compare?
A: By 2030, PNG is predicted to reach a base scenario of $0.1178-$0.1455, with an optimistic scenario of $0.1455-$0.1755. SOL's base scenario for 2030 is $257.59-$311.69, with an optimistic scenario of $311.69-$365.78.
Q7: What are the main risks associated with investing in PNG and SOL?
A: PNG faces risks related to its dependence on the Avalanche ecosystem and DEX market share. SOL's risks include network stability issues and potential centralization concerns. Both tokens are subject to regulatory risks, with SOL potentially facing higher scrutiny due to its wider adoption and larger market cap.