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.