Solana's Price May Surge 3,000% by 2030 Following Major Technological Advancement -

Bitwise Europe’s optimistic outlook for Solana emphasizes its capability to reach 11% of global blockchain users, potentially increasing its price by 30 times by 2030.

A January 2025 Bitwise report indicates that Bitwise Europe has issued a favorable forecast for Solana SOL, predicting an astounding price rise from the current $212 as of January 17 to $6,636 by 2030, representing a growth exceeding 3,000%. This prediction is largely based on what researchers term “the iPhone moment.”

Bitwise Europe likens Solana’s launch to that of the iPhone in 2007, stating that Solana has developed fast, affordable, and user-friendly platforms that allow non-blockchain users to flourish, just as the iPhone made mobile technology accessible to the general public.

The report reveals that Solana currently holds a market share of 2.84% and is anticipated to capture 11.36% of global blockchain users, translating to 113.6 million daily active addresses.

A line graph comparing the performance of crypto portfolios with varying Solana (SOL) allocations (10%, 20%, 30%, and equal-weighted with BTC/ETH) from 2020 to 2024. The graph shows that adding higher percentages of Solana led to significantly higher returns compared to an Ethereum/Bitcoin-only portfolio. — Higher allocations of Solana have historically provided superior performance in comparison to Ethereum and Bitcoin portfolios, as illustrated in this analysis. Source: Bitwise Europe

With an increasing number of mainstream partnerships with major entities like Shopify and Stripe, along with a vibrant developer community, Bitwise Europe foresees considerable growth in Solana’s network.

This positive outlook is supported by the network’s expansion, which saw a 239% rise in daily active accounts in 2023, despite difficult market conditions, alongside an extraordinary 2,800% growth in early 2024.

A line graph depicting the price performance of major smart contract platforms in 2024, including Solana, Ethereum, BNB Chain, Cardano, Tron, Avalanche, Polkadot, Near, and Aptos. Solana leads the group with a 325% increase, outperforming all competitors. — In 2024, Solana surpassed all competitors with a 325% price increase, demonstrating its superiority over other leading smart contract platforms like Ethereum, BNB Chain, and Cardano. Source: Bitwise Europe

The report notes that Solana’s efficiency surpasses almost every Layer-2 solution in the Ethereum (ETH) ecosystem. SOL effectively attracts developers creating decentralized applications on its platform, enabling faster deployment and broader audience reach.

According to the report, SOL’s technical framework supports high-volume, low-latency applications, ranging from decentralized exchanges to real-time trading, large-scale gaming, high-frequency trading, and real-time data streaming.

For example, Serum, a decentralized exchange operating on Solana, announced in their roadmap 2.0 its goal to make DeFi accessible to the wider public. Moreover, Raydium, an automated market maker on the Solana blockchain, reported the highest monthly volume in November 2024 at 83.6 billion, according to DeFiLlama.

Bitwise Europe recognizes Solana’s capability to handle a theoretical maximum of 65,000 transactions per second—a key indicator of how many operations a network can execute in a second—while maintaining average transaction costs of just $0.08, ensuring that these applications remain economically viable.

Earlier this week, on January 15, Franklin Templeton published a report highlighting that seven out of the top ten AI agents operate on the Solana blockchain, largely due to Solana’s capacity to process large volumes of transactions efficiently and at lower costs.