Van Eck forecasts Solana (SOL) to hit $520 by 2025, driven by market growth and increasing dominance in smart contracts.
VanEck Forecasts Solana (SOL) to Reach $520 by 2025 Amid SCP Growth
Van Eck has upped its target price for Solana (abbreviated as SOL), predicting a climb to $520 by the conclusion of 2025.
This adjustment mirrors the projected growth in the market for contract platforms, where Solana is anticipated to fortify its standing.
The company predicts that the industry’s worth will rise from $770 billion to $1.1 trillion due to a boost in the U.S. M2 money supply, expected to reach 22.3 trillion dollars. Van Eck anticipates that Solana’s portion of contracts will increase from 15% to 22% and elevate its market value to $250 billion with a circulating supply of 487 million tokens; this assessment corresponds to a value of $520 per SOL.
Solana’s increasing prominence is backed by elements: a surge in developer engagement is evident alongside escalating volumes of decentralized exchange (DEX), all while the user base continues to expand steadily—collectively establishing Solana as a leading player in the realm of smart contracts.
Even though Van Eck’s goal is positive in nature, it doesn’t quite reach the $750 mark projected by Bitwise for SOL by the end of 2025. The two companies point to trust in Solana’s ability to scale efficiently, its transaction costs, and the growth of its decentralized application community as key factors contributing to its potential success.
The future of Solana relies on market trends and continuous acceptance within the industry. If the sector continues to grow and Solana sustains its momentum, it could potentially even exceed these goals.
