The price of Solana can be more than $ 520 by the end of the year, the asset manager Onek has said in its latest forecast for Altcoin.
According to Vanak, Solana (Sol) has a capacity to rise to $ 520 to the end of 2025. Venak analysts say the launch takes into account the market share at the end of the year of Smart Contract Platform Space and the US M2 money supply.
“We value Solana (SOL) on the basis of its estimated year-end market share within the Smart Contract Platform (SCP) market. Our SCP Market Cap forecast is derived from the US M2 Money Supply Growth, which is looking at its strong historical correlation with Crypto Market Capitalization, ”Sayed by Matthew Sigale and Crito Research Analyst Patrick Bush, head of Vanak’s Digital Assets Research.
They shared the prediction through one Post on X,
According to the forecast, M2 will grow to $ 22.3 trillion by the end of the year, growing at an annual growth rate of 3.2%. Through regression analysis, Vaneck estimates that the total smart contract platform market captilation will collide with $ 1.1 trillion by the end of 2025. Currently, it is about 770 billion dollars, suggests 43% spikes that will see SCP more than the peak of 2021 $ 989 billion.
So, what does it mean for a sol price in 2025?
Vaenne says that the relationship between M2 and SCP’s market cap has been historically strong. If this is the case, the price of a native token may be higher for the part of the SCP market cap.
“Currently, Solana has 15% of the SCP market cap, but we estimate its stake by EOY 2025 to increase by 22%. This launch is supported by Solan’s developer Dominance, dex volumes, revenue and active users Extending market share, “analysts noted.
By the autoragressive forecast model, Sigel and Bush saw Solan’s market cap up to about $ 250 billion. This will be a sole value of $ 520 depending on the 486 million floating tokens of Altcoin.
At the time of writing, the Solana Price hover near $ 189, about 5% in the last 24 hours and -21% in the last week. However, Sol is 98% above the last one year and reached a new all-time high on January 19, 2025 above $ 294.
