Solana, a competitor to Ethereum’s layer-1, has demonstrated impressive strength as SOL’s price surged above $32 this week. Analysts anticipate further price gains, and VanEck has shared significant price forecasts.

A report on Solana from the asset management company VanEck has outlined diverse valuation scenarios for Solana, forecasting SOL’s price to range from a conservative $9.81 to an ambitious $3,211.28 by 2030 (in comparison, Ethereum’s target price is $11,800).

This equates to an astounding 10,600% price surge for Solana in the coming seven years. The report also delves into a potential scenario where Solana becomes the first blockchain to accommodate applications with…

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