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VanEck: Solana market cap share is expected to increase to 22%, with a price target of $520 by the end of 2025

According to VanEck's latest report, Solana currently accounts for 15% of the market value of smart contract platforms and is expected to grow to 22% by the end of 2025, with the price of SOL expected to reach $520. According to the report, Solana's market cap expansion is mainly due to its strong developer ecosystem, growing DEX transaction volume share, revenue growth, and expanding active user base. VanEck expects the total market cap of the smart contract platform to increase by 43% to $1.10 trillion by the end of 2025.