Summary
- VanEck predicts that Solana will reach a price of $520 by the end of this year.
- Solana accounts for 15% of the smart contract platform market capitalization and is expected to increase to 22% by the end of 2025.
- Currently, Solana is trading at $199.03.
There is a forecast that Solana's market capitalization and price will rise by the end of this year.
According to CryptoSlate on the 6th (local time), VanEck recently reported that "Solana accounts for 15% of the smart contract platform (SCP) market capitalization, and this figure is expected to increase to 22% by the end of 2025."
The report further predicted that "this could lead Solana's price to rise to $520." Meanwhile, Solana is currently trading at $199.03 on CoinMarketCap, down 3.79% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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