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news-imageFebruary 5, 2025

VanEck forecasts 3% market cap growth for Solana, $520 price by 2025-end

Solana (SOL) currently accounts for 15% of the smart contract platform (SCP) market capitalization, with projections indicating a rise to 22% by the end of 2025, which could push SOL's price to $520, according to a recent report by VanEck.
Publisher: CryptoSlate
Sentiment: Positive
SOL

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Negative
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February 5, 2025

Explainer: What's Happening With Solana Price?

The Solana (SOL) price is navigating a bearish zone, failing to recover from the recent crypto market crash. Notably, the Solana blockchain demonstrated exceptional performance in Q4 2024 and January 2025, with several key metrics showing significant growth.

Positive
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Sol Strategies Expands SOL Holdings With 40,300 SOL Acquisition

Sol Strategies has strengthened its validator operations and SOL holdings, acquiring an additional 40,300 SOL worth $9.93 million. Expansion of SOL Holdings and Validator Operations Remain Key for Sol Strategies Sol Strategies Inc., a publicly traded Canadian firm focused on the Solana blockchain, has announced significant validator growth and expanded SOL holdings. Between Jan.

Negative
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Solana Faces Intense Selling Pressure – Potential Drop to $138

Solana (SOL) is under significant bearish pressure as the cryptocurrency faces consistent selling, pushing its price from $200 to $187.99. Despite attempts at short-term recoveries, SOL is experiencing a challenging period, with key technical indicators suggesting that further declines could be on the horizon.

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