Bitwise Asset Administration’s newest report tasks Solana (SOL) reaching a worth vary of $2,318.90 to $6,636.88 by 2030, pushed by anticipated progress in each day energetic addresses and its sturdy blockchain infrastructure.
The evaluation applies Metcalfe’s Legislation to forecast Solana’s community growth, outlining three eventualities: a bear case with 42.6 million each day energetic addresses (DAAs) rising at a compound annual progress fee (CAGR) of 35.1%, a base case of 71 million DAAs (47.2% CAGR), and a bull case of 113.6 million DAAs (59.1% CAGR). Bitwise believes Solana has the potential to outperform conventional blockchain platforms in scalability and transaction effectivity.
The report opens by saying,
“Solana stands out as a high-performance blockchain with a compelling funding thesis constructed on sustainable economics, developer innovation, and technological excellence.
Its monolithic structure allows unmatched scalability, low charges, and superior consumer expertise, whereas its staking mannequin rewards energetic members, making a constructive suggestions loop for community safety and token worth.”
Different key highlights from the report embrace Solana’s 7 million peak each day energetic addresses, 75% dominance in each day transactions over Ethereum and its Layer 2 options, and a theoretical throughput of 65,000 transactions per second with sub-$0.10 charges. Its staking mechanism and community economics have generated $409 million in month-to-month income, whereas a rising developer ecosystem underpins the community’s resilience and innovation.
The report underlines Solana’s diversification potential, citing a correlation coefficient of 0.61 with Bitcoin and Ethereum and a beta of 1.90 to Bitcoin, signaling amplified returns in bullish markets.
