Bitcoin to Reach $250K, Solana to Surge to $800: Here’s How And Why

A popular analyst has raised his price target for Solana ($SOL ), projecting a potential value of $480 by the end of 2025, with a high-end estimate reaching $800. Virtual Bacon’s latest forecast hinges on several key metrics, including Solana’s supply and market cap. Currently, Solana has a supply of 579 million tokens with an annual inflation rate of 5.2%. By the end of 2025, this supply is expected to grow to approximately 625 million tokens.

In terms of market capitalization, the analyst projects that $BTC will reach a price of $250,000 by the end of 2025, resulting in a market cap of around $5 trillion. Assuming Bitcoin maintains a 50% dominance in the cryptocurrency market, this suggests a total market cap for all cryptocurrencies of $10 trillion.

Solana’s market dominance has increased from 0.75% to 3% over the past year. Assuming it remains at this level, Solana’s market cap would be $300 billion, leading to a price target of $479 per token. If Solana’s dominance increases to 5%, the price could rise to $800 per token.

He said, “I had estimated a price of $240 to $250 based on a lower market dominance assumption for Solana. However, with its current growth, I now expect Solana’s price to reach around $480, assuming a 3% market dominance. If Solana’s market dominance increases to 5%, the price could potentially reach $800.”

Credit: CoinPedia