VanEck: The Price of Solana Will More Than Double This Year

Solana’s blockchain has marked an entire year without interruption, and prominent asset manager VanEck expects a profitable year, predicting a record 520 dollars for Solana by the end of 2025.

VanEck thus predicts that Solana will rise to that level by the end of 2025, as a result of capturing a larger share of the smart contract blockchain market, along with an increase in market share in volume on decentralized exchanges (DEX) and active users.

In a post on X, VanEck, which manages spot bitcoin and ethereum ETFs, stated that the forecast is related to the expansion of the U.S. M2 money supply. The company believes that Solana’s growing success among developers and users will help drive a significant price increase in the future.

– “We estimate that Solana’s market capitalization will reach ~250 billion dollars, which implies a price of 520 dollars,” announced VanEck, marking analysts Matthew Sigel and Patrick Bush.

Solana has risen by 105 percent compared to last year at the current price of 197 dollars according to CoinGecko, and on January 19, it reached a peak price of 293 dollars.

VanEck’s optimistic forecast comes at a time when Solana developers are marking the longest period in blockchain history without a loss of consensus, according to the Solana Status downtime tracking tool.

Solana has had serious issues with outages in the past, especially in its earlier days. Between partial outages and complete halts, the blockchain has marked numerous instances of technical problems throughout its lifetime, including a 19-hour outage in 2024.

Recent increases in stability have not come out of nowhere. For example, an early version of the long-awaited validator client Firedancer was launched in September. It was built by infrastructure developer Jump Crypto. Firedancer is a secondary independent validator, specifically built to ensure the performance and robustness of Solana as the network scales.

With increasing stability, Solana has recently gained significant exposure to the mainstream. Two of the most controversial meme tokens are on the Solana blockchain: TRUMP from President Donald Trump and MELANIA from First Lady Melania Trump.

However, the price of Solana has been particularly volatile in recent months, as these meme tokens have fluctuated significantly in price due to uncertainties regarding tariffs imposed by President Trump on countries like Canada and Mexico.

Meanwhile, various large investment firms have filed applications to launch Solana ETFs, while the crypto exchange Coinbase has also announced plans to launch Solana futures trading.