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VanEck Analysts: Solana Price Could Reach $2025 by End of 520

VanEck Analysts: Solana Price Could Reach $2025 by End of 520

HappyCoinNewsHappyCoinNews2025/02/08 21:55
By:HappyCoinNews

According to analysts from the investment company VanEck, by the end of this year kriptovalyuta Solana (SOL) may rise to $520.

Using an autoregressive (AR) forecasting model, we estimate that the market capitalization Solana will reach approximately $250 billion, which implies a SOL price of $520, VanEck wrote in a social media post.

At the time of writing the article Solana was trading at $195,5, down 3,5% in the last 24 hours. The token's market cap was $94,1 billion. The $520 target means SOL's price should rise 165% this year. Notably, over the last 12 months, kriptovalyuta increased in price by 102%.

We evaluate Solana based on projected year-end market share within the Smart Contract Platform (SCP). Our market cap forecast is based on the growth of the U.S. M2 money supply, given its strong historical correlation with cryptocurrency market cap, VanEck said.

M2 measures the money supply in the United States, which includes cash, checking deposits, savings accounts, and money market accounts.

VanEck forecasts that by the end of the year, the M2 volume in the US will reach $22,3 trillion at a CAGR of 3,2%, while the smart contract platform market will grow by 43% from $770 billion to a record high of $1,1 trillion. At the same time, the share Solana SCP's market capitalization is expected to increase from 15% to 22% by analysts.

This prediction is confirmed by the dominance Solana among developers, an increase in market share in DEX volumes, revenues and the number of active users, the company's analysts said.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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