Ukrainian developer’s blockchain may become the world’s first by 2030

Researchers at asset manager VanEck have published a forecast for the value of the Solana (SOL) cryptocurrency. Analysts expect the digital asset’s quotes to grow by 10,000% by 2030.

In a recent report, the researchers shared their thoughts on the future value of SOL and assessed the prospects. According to analysts from VanEck, Solana could reach $ 3211 per token. This forecast is based on a scenario in which Solana becomes the first blockchain to host an app that has attracted more than 100 million users.

VanEck’s report presents a wide range of scenarios for estimating the value of SOL through 2030. The price of the asset ranges from $ 9.81 to $ 3211.28 depending on various market factors and revenue estimates in key sectors. Currently, Solana is among the ten largest cryptocurrencies by market capitalization, having shown an impressive growth of more than 200% since the beginning of 2023. The total value of funds blocked in the ecosystem (TVL) is about $ 378 million.

VanEck noted that Solana’s throughput is faster than Ethereum’s, significantly exceeding Ethereum’s in terms of speed. Analysts also emphasized the sharp contrast between the philosophy of SOL and ETH. Unlike the Ethereum team, Solana developers emphasize that the blockchain space should be inexpensive and user-friendly, as well as promote intensive technological progress.

As of October 30, 2023, Solana was ranked 8th in the ranking of the best cryptocurrencies. The value of SOL is $ 34.02. This figure increased by 12.3% over the week.