The Vaneck investment firm predicts that the Solana Sun will be $ 520 by the end of 2025 as the demand for intelligent contract platforms (SCP) increases and increases the M2 money supply in the coming months.
The M2 money supply measures how much money circulates in the economy of the United States, which tends to influence the cryptography market. The M2 monetary offer includes cash, deposit check and easily convertible near money, such as savings deposits and monetary market funds.
Vaneck predicts that M2 Money Supply will grow to $ 22.3 billion by 2025 of the current $ 21.5 billion. When central banks increase M2 by reducing interest rates or by quantitative flexibility, more money enters into circulation, which leads to more liquidity in the economy and encourages investments in risk assets, such as cryptocurrencies.
On the other hand, the SCP market is where platforms such as Solana operate, which allow the creation and execution of intelligent contracts, which Vaneck estimates that 43% could grow to reach $ 1.1 billion at the end of 2025.
Currently, Solana has about 15% of this market, but Vaneck expects this to increase at 22% at the end of 2025.
“We predicted their participation to ascend to 22% in Eoy 2025,” Vaneck said in Friday’s publication. “This projection is compatible with the domain of the Solana developer, increasing the market share in volumes of DEX, income and active users.”
“Using a self -regressive prognosis model (AR), we estimate that the Solana market capitalization will reach ~ $ 250b, which implies a sun price of $ 520 based on floating tokens of ~ 486m,” he added. A self -regressive prognosis model (AR) analyzes past data to predict future values.
Vaneck is among a group of American companies that requested a Solana ETF in 2024. Previously, the United States Stock Exchange and Securities Commission (SEC) had previously refused to recognize several requests for the monitoring of ETFs Sol and had told him to CBOE that will eliminate its 19b previously loaded -4S for those ETF.
However, in a change of tone on Thursday, the SEC recognized a presentation of Grayscale for its ETF Sun, which means that the commission now has until October to approve or deny the application.