This is a turbulent start for the crypto market by 2025, but many experts expect the bulls to take place this year, and Solana can prove one of the main beneficiaries.
Forecasts by one of Vaneck, one of the oldest crypto asset managers, show that Solana’s growth exceeds its current market cap by the end of 2025.
The bullish momentum also benefits new projects Solvent (SOLX) is the first Solana Tier 2 solution to raise so far to more than $18.5 million.
Vaneck predicts massive growth – Can Solana reach $520?
Vaneck revealed in a recent article on X (Twitter) that Solana predicted a valuation of $520 by the end of 2025. This is based on the projected growth of SOL in the SCP (Smart Contract Platform) space. They expect these growth to come from Solana’s developers dominance, with its growing market share in the volume of DEX, while SOL’s active user base hitting a day of growth.
By the end of 2025, our Solana price target is $520
We value Solana (Sol) based on its projected year-end market share in the Smart Contract Platform (SCP) market. Our SCP market cap forecast comes from the growth of the US M2 currency supply, given its strong historical correlation…
– vaneck (@vaneck_us) February 6, 2025
Solana currently has a market cap of just over $114.73B, and Vaneck’s team is expected to exceed $250B based on their Auto-Response (AR) prediction model. This adds to their forecast in 2023 that SOL could hit $3,000 by 2030. This idea is more complicated with Sol’s technical indicators.
SOL’s trading volume rose 1.2% to $4.19B, accounting for 4.45% of its total market capitalization. Its long/short ratio is also very favorable, at 3.59, it indicates that the community expects a significant bullish momentum.
Most importantly, its funding rate is positive in most major exchanges, with clearing data showing a majority.
Whether Solana can fully reach these heights, the chain’s potential is hard to overstate, prioritizing adoption, utilities and funding promising projects. The number of projects built on Solana is also growing, with the recent pre-sale of utility meme coins realizing funding for eyebrows.
Solaxy raises over $18.5 million, promising Solana L2 innovation
Solvent Has become one of the largest cryptocurrencies of the year, raising more than $18.5 million so far. Solana-based Meme Coin combines iconic images of PEPE with much-needed utilities on the Solana blockchain by building the first layer 2 of the network.
Solaxy will leverage aggregation on its Layer 2 infrastructure to improve Solana’s scalability, significantly reduce costs and increase speed for everyone. This is similar to what Pepe Unchained (PEPU) did for Ethereum, and the token made huge gains after it ended late last year.
Pre-sales follow a dynamic pricing model, and frank prices rise every time the funding target is reached or enough time. Currently, SOLX is priced at $0.001628 per token, with the next price going up less than a day, or another $400,000 is raised.
99bitcoins is one of the most well-known in the space, with over 720,000 subscribers on YouTube recently covering tokens. They see the huge potential of token infrastructure, and its massive 217% APY – allowing Stakers to double their tokens in a year.
https://www.youtube.com/watch?v=c9r2kgp1jt4
With firm practicality, high meme appeal, and benefiting from the growth of Solana blockchain, Solx does have the opportunity to be the largest Meme Coin Coin ICO of the year.
Visit Solaxy Presale
