Surprising Prediction for Solana from VanEck: These Factors Could Push the Price to 520 Dollars - Coin Bulletin

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**Investment giant VanEck predicts that the price of (SOL) will reach $520 by the end of 2025.

The company expects that this rise will be supported by the increasing demand for smart contract platforms like (SCP) and the growth in M2 money supply.

M2 money supply, an indicator that measures the total money circulating in the US economy. According to current figures, it is expected that the M2 money supply, which is currently 21.5 trillion dollars, will increase to 22.3 trillion dollars by 2025. When central banks increase M2 through lowering interest rates or monetary expansion measures, it provides more liquidity in the economy and encourages investment in risky assets. Cryptocurrencies are directly affected by this process.

On the other hand, the smart contract market, where platforms like Solana operate, could grow by 43 percent to reach $1.1 trillion by 2025. It is estimated that Solana, which currently holds 15 percent of this market, will increase its share to 22 percent by the end of 2025.

VanEck highlighted Solana's developer dominance, the increase in decentralized exchange (DEX) volume, revenues, and growth in active user count to support these predictions.

An investment firm stated that Solana's market value will reach 250 billion dollars and the price of SOL will reach 520 dollars with 486 million tokens in circulation, using an autoregressive (AR) prediction model.

VanEck, one of the US firms that applied for a Solana ETF in 2024. SEC had previously rejected many SOL ETF applications. However, last Thursday, it announced that it officially considered Grayscale's SOL ETF application. This indicates that SEC's attitude towards Solana could change. SEC has until October to approve or reject Grayscale's application.

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