- VanEck released a report delving into the potential of the Solana blockchain.
- According to the study, Solana’s SOL token will ascend to a staggering $3,211.28 by 2030.
- The report also compared Solana with Ethereum, unearthing their contrasting philosophies.
In an astonishing move, the US asset management company VanEck recently released a post presenting Solana as the “first blockchain to host an application that onboards 100M+ users”. The report also provided a bullish outlook on Solana’s SOL token, predicting that the price would ascend from the present bearish $9.81 to a staggering $3,211.28 by 2030.
The report titled “VanEck’s Base, Bear, Bull Case: Solana Valuation by 2030” delved into Solana’s potential, arguing that it is rooted in the success of the blockchain’s founding team in “blending radical experimentation with applied science to monumentally improve blockchain scaling”. Unlike other blockchains, Solana is invested in countering the limitations of technological feasibility issues.
Further, presenting a comparative study of Solana and Ethereum, VanEck unearthed their “contrasting philosophies”. While Ethereum has evolved fr…
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