VanEck Sees Solana Hitting $520 by Year-End in Bullish Bet

VanEck’s bullish stance on Solana stems from an expected 43% rise in the smart contract platform (SCP) sector market cap, projected to hit $1.1 trillion by 2025, largely driven by monetary expansion in the U.S.. While Solana currently commands 15% of this sector, a rise in dApp adoption, developer engagement, and on-chain activity could see it capture 22% of the market.

We project M2 to reach $22.3T by the end of 2025, maintaining its 3.2% annualized growth rate since its last trough in October 2023. Our SCP market cap forecast is derived from U.S. M2 money supply growth, given its strong historical correlation with crypto market capitalization,

VanEck’s analysts explained.

Should Solana’s growth maintain momentum, its market cap could exceed $250 billion, pushing SOL’s price to around $520, assuming a circulating supply of 486 million tokens. Validator earnings would climb as well—Blockworks Research indicates priority transaction fees exceeded $240 million over the last month.

Yet, industry experts remain cautious, reminding investors that crypto markets are inherently volatile. This projection does not account for unexpected network failures, security breaches, legal hurdles, or economic downturns. Additionally, VanEck’s investment in SOL introduces a potential bias, meaning this forecast should be seen as an informed possibility, not a certainty.

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