VanEck Built Financial Model Predicting SOL Could Rise by 8,000 Percent by 2030

Nov 07, 2023
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Solana (SOL) is a decentralized application platform (DApp) often referred to as a “killer of Ethereum” and designed to make it easy for developers to build crypto and blockchain-based projects using it as the gas. VanEck, a global investment manager with more than $75 billion in assets under management, gave its Solana price forecast in a recent research note. In a bull case scenario, the report models a scenario where SOL’s price would reach $3,211 by 2030, representing an 80x increase from current prices.

VanEck, one of the largest investment management firms, released a report on…a bull case, a bear case, and the base case for Solana as an investment, TheStreetCrypto’s reported. Solana could overtake Ethereum (ETH) in 2030,’ they emphasized, with a base case of $335 (per coin), a bull case of $3,211 — roughly 80 times more than now — but a bear case points to only 10X.