VanEck Research: Solana (SOL) Has Huge Upside Potential With Certain Conditions Met

05/29 12:00

VanEck's digital asset research department has stated that Solana (SOL) has significant potential for growth if certain conditions are met. The research report released by VanEck last week predicted that Ethereum could reach $51,000 by 2030 if it becomes widely adopted across various business sectors. The head of VanEck's digital asset research, Matthew Sigel, stated in an interview that the same outlook could be applied to Solana, but with a higher risk profile. However, there are concerns about centralization and opacity in the Solana chain, which limits the position sizes of tokens like ATOM and Solana.
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