Solana (SOL) Price Prediction: VanEck With Massive Forecast But There’s a Catch

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Solana (SOL) Price Prediction: VanEck With Massive Forecast But There’s a Catch
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VanEck, the global asset manager and early adopter of ETFs and foreign equity investments, predicted a 10,000% rise for the Solana price in its most bullish 2030 scenario.

“By 2030, our Solana valuation scenarios project a SOL price ranging from a bearish $9.81 to a bullish $3,211.28, anchored by varied market shares and revenue estimations across key sectors.” “In this note, we model a scenario in which Solana is the first blockchain to host an application that onboards 100M+ users.”“As it stands, Solana’s data throughput exceeds that of any other blockchain in existence. In fact, Solana’s data capacity exceeds that of most planned blockchains.”

Because of its speed and costs, the fundamentals of its business model are promising, with massive inflows from institutional investors as well as die-hard crypto devs and users.

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