Crypto asset management firm VanEck has made a bold prediction about the price of Solana (SOL) in the year 2030. According to VanEck, if Solana’s user base manages to increase to 100 million, the price of the digital asset could surge by over 10,000%. The firm believes that in a bullish market, SOL could reach a price of $3,211.28. However, in a bearish scenario influenced by various market factors, the price could plummet to less than $10.
VanEck’s prediction is based on the assumption that Solana becomes the first blockchain platform capable of onboarding such a massive number of users. The firm also factors in a lower monetization rate compared to Ethereum and a fundamental difference in community philosophy. If all these assumptions turn out to be correct, VanEck estimates that SOL investors could gain up to $8 billion in revenues by 2030, thereby surpassing the $3,000 price level.
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