VanEck dey expect say Solana go reach $520 by 2025 because of SCP growth and MEV optimization
Investment firm wey dem call VanEck don release projections wey show say Solana (SOL) fit reach value of $520 by di end of 2025. Dis forecast dey depend on Solana to carry 15% market share for di global Smart Contract Platform (SCP) sector, with plenty growth wey dem dey expect linked to di rise for di U.S. M2 money supply and increase for total SCP market cap by 43%. Di strong performance of Solana for Layer 1 metrics, like DEX transaction volume and daily active wallet numbers, dey support dis prediction well well. Also, Solana annual revenues don show notable growth, wey dem fuel by network fees, priority fees, and optimized Maximum Extractable Value (MEV) revenues. Di big expansion of Solana decentralized application ecosystem, wey see im revenue share rise from 0.26% to 42% since 2022, dey play important role too. If Solana fit continue to optimize MEV, di revenues for validators fit increase well well, wey go boost demand for SOL. But, VanEck forecast get caution wey talk about possible regulatory hurdles and market volatility wey fit affect Solana price trajectory.
Bullish
VanEck wey forecast sey Solana fit experience substantial price increase dey point to bullish outlook, wey dey driven by Solana dey increase im market share for SCP sector, impressive Layer 1 metrics, and im dey grow revenue from network activities. If Solana fit optimize MEV and navigate regulatory wahala, di demand for im services and di value of SOL fit rise. Historically, similar tech advancements don lead to market enthusiasm and increase investment for cryptocurrency, wey dey suggest positive trader sentiment.