Digital assets manager VanEck has released its predictions for Solana (SOL) by 2030. According to VanEck analysts Matthew Sigel and Patrick Bush, Solana’s founders have been successful in scaling blockchain through experimentation and applied science. While other chains have taken a modular approach, specializing in different functions of a layer-1 chain, Solana has focused on optimizing its own blockchain for maximum efficiency and processing capabilities. This risk-taking and techno-optimistic philosophy has set Solana apart from its competitors.
VanEck presents three potential scenarios for Solana’s future: a bear case, base case, and bullish case. In the base case, VanEck predicts that Solana will account for around 30% of all crypto adoption by 2030. They also forecast that SOL will monetize at about 20% of the rate of Ethereum (ETH) and achieve less than half of ETH’s market share due to differences in community philosophy.
If Solana manages to outperform Ethereum and gain more market value, VanEck’s bullish case puts the price target for SOL at $3,211 by 2030 – a significant increase from current prices.
Hot Take: VanEck Forecasts Massive Bull Case Price Target for Solana (SOL) by 2030
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