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Solana may hit $330 and reach 50% of ETH market cap — VanEck research

  • Solana (SOL) may reach $330 and reach 50% of Ethereum's (ETH) market cap, according to a report from VanEck.
  • Solana's superior speed and transaction processing metrics, with a throughput 3,000% higher than Ethereum's, contribute to its potential growth.
  • Solana also boasts a daily active user count that is 1,300% higher than Ethereum's and significantly lower transaction fees.
  • The report highlights Solana's advantage in payments and remittances, particularly for decentralized finance activities and leveraging cost savings for users.

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