The Solana network has marked a full year without an outage, and one prominent asset manager expects a big year ahead for the chain’s native token, predicting a record high of $520 for SOL by the end of 2025.

Asset manager VanEck predicts SOL will rise to that mark by the end of 2025, as a result of grabbing a higher share of the smart contract blockchain market, along with increasing market share in DEX volumes and active users.

In an X post, VanEck—which operates spot Bitcoin and Ethereum ETFs—said that its smart contract platform forecast is tied to the U.S. M2 money supply expansion. The firm believes that Solana’s growing success among developers and users will help fuel substantial price gains ahead.

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Author: Will McCurdy

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