$SOL 🔥🔥🔥
A $520 Solana? SOL Prediction
Bombshell from Investment Firm
Solana (SOL) has a remarkable price goal from VanEck, a worldwide investment management organization with than 70 years of experience and a good reputation in exchange-traded funds (ETFs). The New York-based business predicted Solana's value would reach $520 by 2025 in a January 6 X post.✉️
VanEck expects Solana to reach $520 by 2025
VanEck's argument focuses on Solana's share of the smart contract platform (SCP) industry and a historical association between crypto market size and US growth. Money supply M2. According to firm:
“Our 2025 Solana price target is $520. We evaluate Solana (SOL) based on its predicted year-end smart contract platform (SCP) market share. US M2 money supply increase has a good association with crypto market capitalization, thus we use it to predict SCP market cap.📈
VanEck predicts that M2, which includes cash, bank deposits, and readily convertible near money, would reach $22.3 trillion by late 2025.
Since its October 2023 low, this number anticipates 3.2% yearly growth. Based on regression, VanEck estimates:
M2 is expected to reach $22.3T by 2025, growing 3.2% year after its October 2023 low. Regression research predicts overall SCP market 📈
capitalization would expand 43% to $1.1T by 2025 (vs. $770B presently), exceeding its 2021 top of $989B.
The business found a significant link between M2 and SCP market cap, with a 12-month R² of 0.36 and a t-statistic of 5.7 (p < 0.0001). Solana controls 15% of SCP's market valuation. By 2025, VanEck anticipates that percentage to climb significantly:
Solana now has 15% of SCP market valuation, but we expect it to reach 22% by EOY 2025.
Solana's developer domination is boosting DEX volumes, revenues, and active users, supporting this estimate.
VanEck expects Solana's market cap to rise to $250 billion, resulting in a $520 per-token price based on a projected float of 486 million tokens, using an autoregressive (AR) projection model.
#BERAvsTRUMP #BTCNextATH? #USJobsDrop #BTCHovers100k
