VanEck Predicts Solana Price Will Hit $520 By 2025

Solana (SOL) continues to attract attention as financial giant VanEck projects a price target of $520 by the end of 2025.

This forecast is based on Solana’s rising market dominance in the smart contract platform (SCP) sector, increasing developer activity, and overall crypto market growth.

VanEck’s Solana Price Projection

According to VanEck, Solana’s market capitalization will be around $250 billion by the end of 2025.

Another assumption used in the valuation of the firm was that Solana would capture a 22% market share in the SCP market in the future while it currently only has 15%.

Source: X

As VanEck estimated the total value of the SCP sector at $1,1 trillion at the end of 2025 resulting from the development of the whole cryptocurrency market.

The firm referred to the past trends showing the M2 money supply in the United States and the combined market capitalization of the cryptocurrencies.

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It compared these two series, which indicate long term growth for investments in cryptocurrency markets.

The same model provided by VanEck also factors in the increasing number of developers and DEX trade volumes and general usage to further substantiate the argument for its higher valuations.

Solana (SOL) Price Analysis

The Solana price at the moment is $204.16, up by over 1% in the last 24 hours.

It has been trading between $204.00 and $188.43 depicting the market’s volatility.

The main level of resistance is at $205.00 as the support level is at $190.00, which is decisive for the further movement of SOL.

1-day SOL trading chart| source| Tradingview

The below chart picture shows that price has formed a double bottom at the $190 level which is normally a bullish pattern.

This pattern implies that buyers are setting a wall at this level indicating that the share price may surge upwards in the future.

However, should SOL climb above $205, it may signal an upward run towards $240 or beyond.

Technical indicators show mixed signals. Thus, according to the Solana price analysis of the Relative Strength Index (RSI),Solana is in the bearish zone at 38.04.

However, if the RSI is below 50 this may help indicate that the asset may be oversold , and thus the reverse may occur if buying pressure increases.

Key levels to watch include the $190 support zone, which remains essential for sustaining a bullish recovery.

A breakout above $205 would confirm strength in SOL’s price action, potentially driving it toward $220–$240 in the short term.

If bullish momentum continues to build, the next significant resistance level sits at $300, which could serve as a long-term target.

Market Analyst Ali Predicts Solana Price Could Reach $350 If Support Holds

Market analyst Ali suggests that Solana (SOL) price could rally to $350 if key support levels remain intact.

The asset continues to trade within an ascending channel, consistently forming higher highs and higher lows, signaling bullish momentum.

Source: X

Solana’s lower channel boundary has acted as strong support, preventing major declines.

The 0.5 Fibonacci retracement level at $182.30 is a critical support zone, while $261.00 (1.0 Fibonacci level) serves as a major resistance.

A breakout above $261 could push SOL toward $317–$350, aligning with the 1.414 Fibonacci extension level.

If Solana holds above $182 and gains momentum above $261, Ali predicts $350 as the next bullish target.

Price has risen and had several bounces at the key support levels therefore the bulls are active.

Hence, if this course is to be maintained, then one can expect Solana to move further up in the short term.

Solana (SOL) Open Interest Data

Total open interest in Solana is $2.8 billion, with perpetuals making up $2.7 billion of its value and futures with $18.2 million.

SOL open interest Data

Open interest has also gone down 2.07% in the last 24 hours, which would suggest reduced capital flowing into Solana’s derivatives markets.

However, a 26.67% increase in futures open interest shows that the traders are gearing for leveraged positions that may cause a sharp rise in price fluctuations.

This indicates a growing interest in Solana’s volatility with traders therefore setting up their stakes with an eye in market directions.

Source: https://www.thecoinrepublic.com/2025/02/10/vaneck-predicts-solana-price-will-hit-520-by-2025/