- Bitwise Europe forecasts a bullish price target of $6,636.88 for Solana by 2030.
- Solana’s high transaction throughput and robust developer ecosystem position it for significant growth.
- The network’s staking mechanism promotes a healthy and self-sustaining ecosystem.
Bitwise Europe outlines an ambitious price target for Solana by 2030. While a bear-case price prediction stands at $2,318.90, and the bull-case scenario estimates an impressive $6,636.88. All these forecasts reflect the network’s potential to be a blockchain powerhouse.
The report forecasts a base case where Solana secures 71 million daily active addresses, leading to a $4,025.73 price target. These projections are underpinned by the network’s scalability, executing transactions at lightning speeds, and numerous decentralized applications (dApps) and Web3 initiatives. For a bear case, Solana’s price could hit $2,318.90 even with a modest market share of 4.26%. This scenario accounts for market challenges while acknowledging the network’s resilience and institutional adoption.

Industry analysts also took note of SOL’s unparalleled throughput of 65,000+ TPS and sub-$0.10 transaction fees. As per onchain data, the network can handle 75% more transactions than Ethereum and its Layer 2 solutions combined.
Solana’s $409M Revenue, A Sign of Strength
In November 2024, Solana generated $409 million in revenue through genuine economic activity. The network’s staking mechanism rewards active participants while promoting wealth transfer dynamics, strengthening stakers’ positions. This creates a self-sustaining system that balances network health with user incentives.
The developer ecosystem is another cornerstone of Solana’s strength. Developers from competing chains are flocking to Hackathon events. This positions Solana as a leading choice for developing the next killer application in blockchain technology.
The platform’s low transaction fees and robust infrastructure make it a favorite among developers and investors alike. By 2030, Solana is expected to capture up to 11.36% of the projected 1 billion daily active addresses in its bull-case scenario. This translates to 113.6 million addresses and a compound annual growth rate (CAGR) of 59.1%.