SOL Reigns Over BNB: What Bitwise’s 2030 Prediction Says

• Solana’s bull-case price target for 2030 reaches $6,636.88, driven by a projected 113.6M active daily addresses.  
• Base-case prediction places Solana at $4,025.73, with strong adoption in dApps and partnerships.  
• Bear-case still sees Solana hitting $2,318.90, reflecting resilience and scalability. 

Bitwise Europe has set some seriously ambitious price targets for Solana. The “Investment Case for Solana” report thinks it could hit a whopping $6,636 by 2030! Even their “bear case” has it reaching over $2,300. This shows real confidence in Solana’s future as a blockchain leader.

Their base-case forecast predicts Solana to reach 71 million daily active addresses, translating to a price target of $4,025.73. These numbers are based on Solana’s rapidly expanding ecosystem, including big-name partnerships with companies like Stripe and Shopify, along with its growing number of decentralized applications (dApps) and Web3 initiatives.

But even if things don’t go quite as planned, Bitwise still sees Solana hitting $2,318.90 in their “bear case” scenario. This assumes a more modest market share of 4.26%. This more cautious projection still acknowledges Solana’s resilience, growing institutional adoption, and ability to overcome market challenges.

Related: Ethereum, Solana, and Sui: Layer-1 Contenders to Watch in 2025

Solana boasts an unmatched theoretical throughput of 65,000+ TPS and sub-$0.10 transaction fees. The network processes 75% of daily transactions compared to Ethereum and its Layer 2 solutions combined.

The platform’s low transaction fees and strong infrastructure make it popular with developers and investors. By 2030, Solana could capture up to 11.36% of the projected 1 billion daily active addresses in its bull-case scenario. This equates to 113.6 million addresses and a compound annual growth rate (CAGR) of 59.1%.

Solana Breaks Downtrend, Eyes $330

Solana has broken free from its multi-month downtrend. It has reclaimed critical technical levels and currently trades at $215.21. The 5th-ranked cryptocurrency decisively pushed above both monthly and weekly support zones.

This technical breakout is significant. SOL overcame the descending trendline that had capped its price since November 2023. Chart analysis shows a clean break above key resistance levels, suggesting strong buyer momentum.

Analysts now point to Solana’s next major target at $330. This represents a potential 56% surge from current levels.

This price breakthrough, along with Bitwise’s analysis, underscores the growing institutional confidence in Solana’s ecosystem. The token continues to outperform competitors like Binance Coin (BNB) on CoinMarketCap rankings. With its transaction capabilities and developer-focused design, Solana is well-positioned for long-term success.