Numerous experts regularly give forecasts regarding the exchange rate of the leading cryptocurrencies. Among them are analysts of large investment companies. So the researchers of the asset management organization VanEck expressed their opinion about the future value of the cryptocurrency #Solana (SOL). They predicted that the quotations of the digital token will grow more than 10 times over the next 6.5 years.
In a recent report, researchers shared their thoughts on the future value of this cryptocurrency and assessed the prospects. According to analysts from VanEck, SOL's baseline estimate is $335 by 2030. This forecast is based on a scenario in which Solana will become the 1st blockchain to host an application that has attracted more than 100 million users.
The report assumes that the Solana network will receive transaction fees in the amount of 20% of what Ethereum users pay. At the same time, this blockchain network will cover less than half of the market share of #ETH . Despite these cautious assumptions, experts predict that by 2030, Solana management will be able to earn $8 billion on transaction fees alone.
At the same time, VanEck representatives predicted the target value of Ethereum in the amount of $11,848 in 2030. At the same time, they painted 2 more possible scenarios. According to them, the quotes of the 2nd world cryptocurrency will reach $51,006 in a bullish scenario and $343 in a bearish one.
As of October 28, 2023, #Solana was on the 7th line in the ranking of the best cryptocurrencies. The cost of SOL was $31.86. This indicator increased by 9.2% over the week. The market capitalization was $13.35 billion. As for ETH, the price of this digital coin was $1,787. This is 10.1% more than a week ago. The total offer of coins is $214.94 billion.
