VanEck Predicts Solana Price to Reach $520 by the End of 2025


Strong Market Growth and Increased Adoption Expected to Drive Solana's Price Surge / Reuters


VanEck, a prominent U.S.-based investment management firm, has projected that the price of Solana (SOL) could soar to $520 by the end of 2025. This bullish forecast represents a substantial 165% increase from its current trading price of $195.5. The prediction is based on VanEck's autoregressive forecasting model, which factors in the circulation of approximately 486 million SOL tokens, estimating Solana’s market capitalization to reach around $250 billion.

Currently ranked as the fifth-largest cryptocurrency by market capitalization, Solana has demonstrated remarkable growth, surging by 102% over the past 12 months and achieving a market cap of $94.1 billion. VanEck's valuation of Solana hinges on its anticipated market share within the smart contract platform sector by year-end. Historically, the market capitalization of smart contract platforms has shown a strong correlation with the growth of the U.S. M2 money supply, a metric that VanEck has integrated into its predictive model.

Despite having previously made ambitious projections for other cryptocurrencies, such as Cosmos’ ATOM token, which were later retracted, VanEck remains steadfast in its optimistic outlook for Solana. The firm forecasts that the U.S. M2 money supply will grow at an annual rate of 3.2%, reaching $22.3 trillion by the end of the year. Concurrently, the smart contract platform market is expected to expand by 43%, potentially reaching an all-time high of $1.1 trillion. This growth is anticipated to boost Solana's market share from 15% to 22%, driven by factors such as developer dominance, increased decentralized exchange (DEX) trading volumes, revenue growth, and a rise in active users.

The expansion of the Solana blockchain can also be attributed to the growing popularity of Solana-based meme coins. In November alone, the network recorded over 135 million active wallet addresses, underscoring its robust user engagement. VanEck has disclosed its investment position in Solana, clarifying that its price projection is not intended as investment advice or a recommendation to buy or sell cryptocurrencies.

Additionally, in line with the U.S. Securities and Exchange Commission's (SEC) recent call for public comments on a similar application from Grayscale, VanEck has submitted an application to the SEC for the launch of a Solana-based spot exchange-traded fund (ETF). This move reflects the firm's confidence in Solana's long-term potential and its strategic positioning within the evolving cryptocurrency landscape.

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