According to the latest VanEck report, 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 likely to reach $520. The report notes that Solana's market capitalization expansion mainly benefits from its strong developer ecosystem, growing share of DEX transaction volume, revenue growth and expansion of 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.