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

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 SOL price potentially reaching $520. The report points out that Solana's market value expansion is mainly due to its strong developer ecosystem, growing DEX trading volume share, revenue growth, and expanding active user base. VanEck expects the total market value of smart contract platforms to grow by 43% to $1.1 trillion by the end of 2025.