Solana could reach $ 6,636 by 2030

According to an analytical report by Bitwise, the price of the Solana cryptocurrency SOL $218.38 Solana 2.49% Market capitalization $106.26 billion VOL. 24 hours $0.95 billion could reach $ 6,636 by 2030 in an optimistic scenario. The forecast is based on the growing popularity of the network and the improvement of its scalability. Solana is already showing significant progress, remaining one of the leading blockchain platforms with the ability to process up to 65,000 transactions per second.

The report identifies three key factors for Solana’s success: economic sustainability, attractiveness to developers, and continued delivery of goals. In 2024, Solana outperformed other smart contract platforms in terms of price growth and increased the number of active users, surpassing even Bitcoin BTC $104,375.13 Bitcoin 3.60% Market capitalization $2.07 trillion VOL. 24 hours $4.02 billion and Ethereum ETH $3,472.00 Bridged Ether (StarkGate) 2.92% Market capitalization $0.32 billion VOL. 24 hours $1.77 billion in terms of daily active addresses.

The forecast was based on the Metcalfe’s Law model, which assumes that the value of a network grows in proportion to the square of the number of its users. According to the forecasts, even in the pessimistic scenario, the price of SOL could reach $ 2,318 by 2030, $ 4,025 in the base case, and $ 6,636 in the most optimistic scenario.

Currently, Solana has 80.7% of its total token supply in circulation, and the network’s inflation rate is declining annually, and is expected to reach 1.85% by 2030. In addition, in 2024, there was a significant increase in activity in the Solana DeFi sector, including trading volumes on decentralized exchanges that exceeded $ 100 billion.

At the time of writing, SOL is trading at $ 214.25, showing an 8% increase over the past day. Further expansion of Anatoliy Yakovenko’s ecosystem and the introduction of new solutions are expected to continue to push its value up in the long run.