VanEck: Solana's market share is expected to increase to 22%, with a price target of $520 by the end of 2025

According to the latest report from VanEck, Solana currently accounts for 15% of the smart contract platform market value and is expected to grow to 22% by the end of 2025, with SOL price potentially reaching $520. The report points out that Solana's market expansion mainly benefits from its strong developer ecosystem, growing share of DEX transaction volume, revenue growth, and an expanding active user base. VanEck predicts that by the end of 2025, the total market value of smart contract platforms will increase by 43% to $1.1 trillion.