Vaneck sees Soll hit $ 520 in 2024

The Vaneck investment company predicts that Sola’s Sol will receive $ 520 by the end of 2025 as the request for intelligent contract platforms (SCP) increases and that the M2 money supply increases in the coming months.

The money mass of M2 measures how much money circulates in the American economy, which tends to influence the cryptography market. The money mass of M2 includes money, verification deposits and easily convertible near money such as savings deposits and money market funds.

Vaneck predicts that the M2 money supply will increase 22.3 billions of dollars by 2025, against 21.5 billions of current dollars. When central banks increase M2 by reducing interest rates or by quantitative relaxation, more money comes into circulation, which leads to more liquidity in the economy and encouraging investments in risk assets, such as Crypto-monnaies.

On the other hand, the SCP market is the place where platforms like Solana work, allowing the creation and execution of smart contracts – that Vaneck estimates could grow by 43% to reach 1.1 Billion of Dollars by the end of 2025.

Currently, Solana holds around 15% of this market, but Vaneck expects it to reach 22% by the end of 2025.

“We plan that its share increases to 22% by Eoy 2025,” said Vaneck in the Friday post. “This projection is supported by the domination of Solana’s developer, increasing the market share in dex volumes, income and active users.”

“Using a self-regressive forecasting model (AR), we believe that the solara market capitalization will reach ~ 250 billion dollars, which implies a price of $ 520 on the basis of ~ 486 million floating tokens,” -It added. A self -regressive forecasting model (AR) examines past data to predict future values.

Vaneck is among a group of American companies who deposited an ETF Solana in 2024. Previously, the Securities and Exchange Commission (SEC) of the United States had previously refused to recognize several requests for FOLD monitoring soil and said to CBOE to withdraw its 19b previously downloaded previously 19b -4 for these ETFs.

However, in a change of tone Thursday, the sec recognized a deposit of gray levels for Son ETF Sol, which means that the Commission now has until October to approve or refuse the request.

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