Solana (Sol) Currently, it accounts for 15 % of the market capitalization of the Smart Contract Platform (SCP). The forecast of an increase of 22 % by the end of 2025 can boost the SOL price to $ 520. Vaneck.
The expansion of SOLANA's market capitalization is promoted by its powerful developer's presence, the increase in profits, and the growth of active user -based.
Vaneck's evaluation model links Solana's expected SCP market share to the growth of US M2 money supplements. The M2 includes cash, deposits, and short -term investments, and functions as a wide range of money supply in the United States and Euro.
The M2 Money Supply is expected to reach $ 22.3 trillion by the end of 2025, maintaining an annual growth rate of 3.2 % since October 2023.
Regular analysis suggests that SCP's total market capitalization increased by 43 % by the end of 2025 to $ 1.1 trillion, exceeding the peak of 2021 $ 98.9 billion.
Using the self -regression (AR) model, Vaneck presumed that Solana's market capitalization could reach approximately $ 250 billion. This means $ 520 Sol price goal because of the 486 million floating tokens.
Scaling revenue
As of January 2024, SOLANA has become prominent between DEX volume (45 % market share), chain revenue (45 %), and daily active wallet (33 %). I did.
Vaneck predicted it Solana's forecasts can reach an annual interest rate of $ 6 billion if the current trend continues. Network revenue can be obtained from three major sources: basic fees, priority rates, and maximum extraction value (MEV).
The basic charge represents the cost of using the minimum network and is equivalent to 1 % of Solana's January revenue. On the other hand, the priority fee is a hint that users pay for higher -speed transaction incurations, a total of 43 % of the network revenue.
MEV represented most of Solana's revenue last month. This is because 56 % were secured at the rates obtained by block builders that optimize transaction execution.
Boost the meV
With the SOLANA MEV revenue structure, block builders can capture 60 % of MEV value, and bariders hold 40 %. If a valid person gets 80 % of the MEV and reflects the structure of EtherEum, MEV -derived profits can increase from $ 3.4 billion to $ 6.8 billion, and SOL verification income has increased by 56 %. Masu.
The report emphasized that the improvement of the jito system of Solana, the strengthening of the protocol, and the implementation of Firedancer could further promote growth.
However, in the current state, Solana's MEV capture is inefficient for the advantages of private memory pools and insiders.
Approximately 92 % of the validers use JITO's MEV auction software, but most of them are involved in private memo pools and gives some traders competitive. By dealing with this problem, Solana's MEV revenue capture may be strengthened.
The report proposed a solution that includes the Validator White List and the application -level MEV protection to prevent conspiracy. This provides a front rotation to enhance the transparency of DEX pricing, MEV protection at the application level to reduce the RFQ (request) system, and a software patch that relieves known attack vector.
In addition, multi -leader models that can propose blocks at the same time by multiple validers are reduced the dominant blockbuilder.
DAPP growth
SOLANA's application ecosystem has expanded and has overtaken Ethereum with distributed application revenue. In 2022, Ethereum Dap produced 84 % of all revenue, and Solana accounted for 0.26 %. By 2024, Ethereum's share was reduced to 32 %, and Solana's share rose to 42 %.
SOLANA's DAPP revenue has risen from $ 4 million in 2022 to $ 1.25 billion in 2024. The network also became a major destination for developers, and in 2024, 7,625 new developers were added.
If the MEV optimization is successfully implemented, SOLANA's Validator revenue will increase significantly, support improvement of demand for SOL, and place prices at more than $ 500 by the end of the year.
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