Asset manager VanEck has projected a price target of $520 for Solana (CRYPTO: SOL) by the end of 2025, citing its rising market share within the smart contract platform sector.
What Happened: The asset manager’s forecast is based on an analysis of U.S. M2 money supply growth and its correlation with overall crypto market capitalization.
According to VanEck’s projections, the market capitalization of smart contract platforms (SCP) will grow 43% to $1.1 trillion by the end of 2025, surpassing its 2021 peak.
The firm expects Solana’s market share within …
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