VanEck: Solana could rise to $ 520 this year

VanEck analysts predict a rapid rise in the price of Solana SOL $173.60 Solana -2.12% Market capitalization $84.85 billion VOL. 24 hours $0.66 billion to $ 520 by the end of 2025, which is almost three times the current value of the coin.

The optimistic forecast is based on the expected expansion of the smart contract platform market, which is closely linked to the growth of the M2 money supply in the United States. Experts estimate that by the end of 2025, M2 will reach $ 22.3 trillion, which will lead to a 43% increase in the market capitalization of smart contract platforms — from the current $ 770 billion to $ 1.1 trillion.

VanEck analysts note that Solana currently occupies 15% of the smart contract platform market, but experts predict an increase in this share to 22% over the next two years. As of the time of publication, Solana is trading around $ 193.

Experts explain their forecast by several factors: Solana is a leader among developers, demonstrates a growing share in the volume of transactions on decentralized exchanges, increases revenues, and expands its base of active users.

According to VanEck’s forecasts, Solana’s market capitalization could reach $ 250 billion. With about 486 million coins in circulation, this would correspond to a price of $ 520 per SOL unit. The current daily trading volume is $ 2.6 billion, with a 4.8% decline in price.

It is worth adding that Matt Siegel, Head of Digital Asset Research at VanEck, also predicts that spot Solana-ETFs will appear on the market by the end of 2025, which may become an additional factor in the growth of the cryptocurrency’s value.