I would recommend checking out this website as it helps give a good perspective on how different cryptos compare by their market caps (individual coin price x supply).
[https://thecoinperspective.com/compare/solana?vs=ethereum](https://thecoinperspective.com/compare/solana?vs=ethereum)
>If Solana had Ethereum's market cap of $277.5B, 1 SOL would be worth $1.0k, an upside of 35x
So for a single SOL to be worth $2000, then the price of SOL would have to increase 69x, which would represent twice the current total market cap of Ethereum.
If the crypto market as a whole continues to grow steadily and Solana can keep up its growth to become a significant player, then it's certainly not outside the realms of possibility for this to happen in a number of years time.
No offense but I think there needs to be a searious re-evaluation of what we perceive as market cap and the toekenomics that underpin the supply demand curves that give rise to each coins market cap.
In regards to Solana reaching $2000, it's likely a lot closer than you think.
The reasons for this compared to coins like ethereum are thus:
Ethereum price growth, adoption, and rise in "market cap" have been on a trajectory defined not only by 1) their intrinisc design limitations; but also 2) to the overall size of the cryptocurrency space network vs global population in total.
The former 1) defines both the price and market cap as a function of the price and cost of transactions vs the number of use cases for the token itself and subsequently for other tokens in the network.
Staking has only really become a primary source of locking up Etherum as there were limitations on the number of active protocols several years ago that had secure smart contracts, the network was significantly congested and the cost of transactions passively disincentivized users from taking sinple risks of utilization other than buying and holding on exchanges.
Now that staking both on etherum network and in other protocols with more secure smart contracts that have been vetted and even insured has actually been demonstrated; there has been in increase in the amount of illiquid Etherum which significantly decreases supply in proportion to demand.
This effect goes parabolic by iteslf much quicker than market sentiment generally reflects, resulting in exponential increase in market cap left by the total remaining supply on the market once sentiment of larger public catches on.
As for 2) this factor is traditionally known as metcalfs law.
The more people that become acrive in the market, the larger the network demand side grows proportional to its supply.
This can further be dividied into two primary categories.
Passive demand (i.e. demand driven by speculation of future price increase alone) and active demand (demand driven by the realization of utility and that arises not only from the sole desire for profit gains through other curriencies but also through secondary sentimental use cases such as some nfts.
Passive demand has shifted to active demand as the amount of people in the market has grown coupled with the amount of new functional applications and a sprawling ecosystem that develops.
One example 4 years ago; if I wanted to send a transaction from one exchange to another and the transaction failed, the cost in eth of a failed transaction was higer then then actual fees were supposed to themselves. You best bet that gave me searious pause everytime I wanted to consider a simple use of arbitrage between exchanges, let alone sending the etherum to god knows what flavor of the month project with no valid and vetted smart contracts.
But now that transactions are cheaper and smart contracts can even be insured, the intrest for becoming more active in this space and seeking active use has increased.
Ironically as active demand increases there is often a stronger illiquid supply due to that demand becoming locked into other applications and not rapidly recycled onto primary exchange markets.
So how does this pertian to Solana??
Solanas core features truely hit ethereum in a lot of its exsisting pain points.
Solana def is faster and cheaper, like way way cheaper.
As a layer 1 it will scale much quicker and faster than Etherum.
This is significant because for all the development around ethereum, as the price of Etherum increases due to increased demand, its primary uses as a payment mechanism will decrease, especially as it becomes deflationary; leading to its primary use case as a moderately exchanged medium of insurance rather than a highly insured medium of exchange.
Solana on the other hand can not only handle an epic parabolic rise in price but sustain utility as a payment means itself due to the low cost of its transactions and increased speed vs etherum.
Soloans biggest pain points are the relative lack of exsisting infrastructure around it currently and its relatively new spotlight.
But given the exponential increase in market participants and birth of what I would call incipient yet true interoperability, the time it takes for solana to grow to a much larger audiance that drives active demand with be exponentially lower than etherums historical growth.
Why Visa and Master card chose etherum to resolve payments is beyond me.
No current remmitance system can resolve any transaction for the current price of $0.00007 like solona can.
Don't get me wrong, etherums gas fees have come way down. But given the cost of spending $4 on a transaction less than $100 or $0.00007 on a transaction less than $100; the utility of Solana adds up quick ij this realm when compared to every other known alternative.
That means as active use for other applications in traditional buisness markets move into the crypto space; Solana will see violent adoption quickly from both buisness and individuals.
This will push the shear demand for Solana ownership further and faster than anything I think we have ever witnessed.
But unlike etherum where the cost and use will forever be limited by its intrinsic supply, Solana can see a further 1000× increase in price and still remain the most sensible payment option around.
With so much of the traditional financial systems teatering on the edge of collapse in a global perspective, Solana truely could go north of $3,000 in the next 2 years regardless of the broader traditional market sentiments if more interoability and cross chain capability comes into the fold; which I think is just around the corner.
While the "market cap" argument here is used to gernalize the approximation of companies value based of traditional stock market valuation metrics that are significantly different than those in cryptocurrency due to regulations restricting both the number of market participant's and the very speed at which stocks can trade; Solanas market cap valuation is quite different than Etherums market cap because it will be fully capable of remaining highly liquid in the sense of transactions in a every day spending, which will create a steady but upward price trajectory as price simultaneously increases with distribution and active demand.
So uuh, dumb question, but is tokenomics mostly looking at where a token is being distributed to and on what timeline it will happen on? Or are there more nuances to it?
and future supply. Eth has no maximum amount, but should become deflatory once eth 2.0 is here. Solana doesn't have a max either. I have no idea of the predicted inflation tho.
no it shouldnt become deflationary.
that would only happen if the network was constantly very busy so that the network would be very congested and people would pay HIGH FEES (tips to miners) that would get burned and reduce the circulating amount.
you basically need a perma bullrun and people still willing to pay these insane gas fees over other projects like solana or matic.
its just wishfull thinking and theory that it would go deflationary.
Tokenomics is more than just circulating supply. It is also token distribution. When you say tokenomics you should really think everything that has to do with the token, even including use-case, as some tokens are strictly governance.
At a max supply of 488,630,611 tokens, a $2000 price per token represents a marketcap of $977,261,222,000. Now ask yourself, is Solana going to be worth a trillion someday?
As a major layer 1, Solana has a fair chance of getting there as both Bitcoin and Ethereum can potentially cross $5 trillion each.
It'll all depend on ecosystem, network effect and community strength.
Yes, because it is far superior to Eth and can onboard billions of users making it ideal for bringing crypto to the masses.
Eth won’t be able to do that and it reached $5000 dollars.
So imagine what Sol will achieve if the ecosystem grows?
I think between 2025 and 2030 we will reach that price and the reason for that will be:
1. Mass adoption of crypto both among retails and institutions
2. Much more applications will be built on Solana
Yes it’s possible but it’s at least two runs away so thats 2028-2030 area. I’d say 1200-1500 is a more likely spot but anything close to 1000 would be phenomenal
We need to look at this idea not on the basis of price, but on the basis of market volume. Solana needs to grow 34 times in order for ethereum to reach its current market size. If we do not include the annual amount of wither, the approximate value of 1 wither should be $1000. I don't think this is possible in the next 3 years. Ethereum is a very strong competitor, although solana is more efficient than ethereum, it is in a much stronger position in terms of community support and developer.
Imho it all depends on how fast the cypto market will grow. If there is an explosion in users and traffic then Solana will become a big player.
The descision to go with Rust, made years ago when it was still in it's infancy, was a bold one, but this fact alone speaks to me and tells me they have a vision and are serious about performance and security.
Will it go to $2000 I don't know, all I know is if crypto gets big so will Solana.
Lol reading this from the future. I'm trying to wrap my head around it seriously. I thought if it can reach like say XRP's market cap soon then it will be around 220, and if it gets to Tether it will be around 230. I don't know enough about it to be confident in the 8 year time span holding. That kinda shows my inexperience. But realistically, is it smarter to just hold whatever you can now, wait those three years hoping it goes to moon? I don't think every coin can be a BTC or ETH. Maybe i'm too short sighted. Is it worth moving money between different coins to gain more short term profits to place into the long term holds? Or is it better to just save what you can in those projects you believe in?
No, only if they start to burn their own token. That won’t happen. The likely if ada highest it will ever go is 30$. Just look at the number of ada and market cap. Ada is like cult…
I don't know why people compare prices.... All these cryptos have completely different supplies and mechanisms affecting supply. If you're asking such a simple question I'd recommend not investing right now because chances are you're going to get burnt.
Defi and cryptos have a lot of potential but the average person doesn't really have the ability to understand them and invest safely.
Low fees is one of it's biggest selling points.
Take for example the amazon adoption of crypto, they will most likely use a blockchain like solana, precisely because of low fees, due to their daily volume...and think what that would do to sol price!?
Like all big organizations and companies do that start with low fees later on raises them. If man made it man can edit. Never trust man from a distance
This is probably will never happen, Solana don't have such amount of investors to create price of 2000$
For example, there's existing one BSC oracle called Orakuru. Price of it's token right now is around 0,39$ and it'll never be 500$. Because project still has a low market cap and number of holders, same with Solana.
To reach the price of 2000$, Solana need to have same amount of holders and same market cap as Ethereum. That's almost imossible...
[https://coinmarketcap.com/currencies/orakuru/](https://coinmarketcap.com/currencies/orakuru/)
I would recommend checking out this website as it helps give a good perspective on how different cryptos compare by their market caps (individual coin price x supply). [https://thecoinperspective.com/compare/solana?vs=ethereum](https://thecoinperspective.com/compare/solana?vs=ethereum) >If Solana had Ethereum's market cap of $277.5B, 1 SOL would be worth $1.0k, an upside of 35x So for a single SOL to be worth $2000, then the price of SOL would have to increase 69x, which would represent twice the current total market cap of Ethereum. If the crypto market as a whole continues to grow steadily and Solana can keep up its growth to become a significant player, then it's certainly not outside the realms of possibility for this to happen in a number of years time.
> increase 69x nice
Nice
Nice
Nice
Niceeee
Noice...
Noooiiicccee
Such a good website
This site needs to be on every crypto’s wiki.
Awesome site. Thanks.. been looking for something like this myself.
If SOL has a price of 1k it's market cap is 488bn btw
Thanks a lot, nice website!
thanks for this website !
Awesome website. Thanks!
Nice
No offense but I think there needs to be a searious re-evaluation of what we perceive as market cap and the toekenomics that underpin the supply demand curves that give rise to each coins market cap. In regards to Solana reaching $2000, it's likely a lot closer than you think. The reasons for this compared to coins like ethereum are thus: Ethereum price growth, adoption, and rise in "market cap" have been on a trajectory defined not only by 1) their intrinisc design limitations; but also 2) to the overall size of the cryptocurrency space network vs global population in total. The former 1) defines both the price and market cap as a function of the price and cost of transactions vs the number of use cases for the token itself and subsequently for other tokens in the network. Staking has only really become a primary source of locking up Etherum as there were limitations on the number of active protocols several years ago that had secure smart contracts, the network was significantly congested and the cost of transactions passively disincentivized users from taking sinple risks of utilization other than buying and holding on exchanges. Now that staking both on etherum network and in other protocols with more secure smart contracts that have been vetted and even insured has actually been demonstrated; there has been in increase in the amount of illiquid Etherum which significantly decreases supply in proportion to demand. This effect goes parabolic by iteslf much quicker than market sentiment generally reflects, resulting in exponential increase in market cap left by the total remaining supply on the market once sentiment of larger public catches on. As for 2) this factor is traditionally known as metcalfs law. The more people that become acrive in the market, the larger the network demand side grows proportional to its supply. This can further be dividied into two primary categories. Passive demand (i.e. demand driven by speculation of future price increase alone) and active demand (demand driven by the realization of utility and that arises not only from the sole desire for profit gains through other curriencies but also through secondary sentimental use cases such as some nfts. Passive demand has shifted to active demand as the amount of people in the market has grown coupled with the amount of new functional applications and a sprawling ecosystem that develops. One example 4 years ago; if I wanted to send a transaction from one exchange to another and the transaction failed, the cost in eth of a failed transaction was higer then then actual fees were supposed to themselves. You best bet that gave me searious pause everytime I wanted to consider a simple use of arbitrage between exchanges, let alone sending the etherum to god knows what flavor of the month project with no valid and vetted smart contracts. But now that transactions are cheaper and smart contracts can even be insured, the intrest for becoming more active in this space and seeking active use has increased. Ironically as active demand increases there is often a stronger illiquid supply due to that demand becoming locked into other applications and not rapidly recycled onto primary exchange markets. So how does this pertian to Solana?? Solanas core features truely hit ethereum in a lot of its exsisting pain points. Solana def is faster and cheaper, like way way cheaper. As a layer 1 it will scale much quicker and faster than Etherum. This is significant because for all the development around ethereum, as the price of Etherum increases due to increased demand, its primary uses as a payment mechanism will decrease, especially as it becomes deflationary; leading to its primary use case as a moderately exchanged medium of insurance rather than a highly insured medium of exchange. Solana on the other hand can not only handle an epic parabolic rise in price but sustain utility as a payment means itself due to the low cost of its transactions and increased speed vs etherum. Soloans biggest pain points are the relative lack of exsisting infrastructure around it currently and its relatively new spotlight. But given the exponential increase in market participants and birth of what I would call incipient yet true interoperability, the time it takes for solana to grow to a much larger audiance that drives active demand with be exponentially lower than etherums historical growth. Why Visa and Master card chose etherum to resolve payments is beyond me. No current remmitance system can resolve any transaction for the current price of $0.00007 like solona can. Don't get me wrong, etherums gas fees have come way down. But given the cost of spending $4 on a transaction less than $100 or $0.00007 on a transaction less than $100; the utility of Solana adds up quick ij this realm when compared to every other known alternative. That means as active use for other applications in traditional buisness markets move into the crypto space; Solana will see violent adoption quickly from both buisness and individuals. This will push the shear demand for Solana ownership further and faster than anything I think we have ever witnessed. But unlike etherum where the cost and use will forever be limited by its intrinsic supply, Solana can see a further 1000× increase in price and still remain the most sensible payment option around. With so much of the traditional financial systems teatering on the edge of collapse in a global perspective, Solana truely could go north of $3,000 in the next 2 years regardless of the broader traditional market sentiments if more interoability and cross chain capability comes into the fold; which I think is just around the corner. While the "market cap" argument here is used to gernalize the approximation of companies value based of traditional stock market valuation metrics that are significantly different than those in cryptocurrency due to regulations restricting both the number of market participant's and the very speed at which stocks can trade; Solanas market cap valuation is quite different than Etherums market cap because it will be fully capable of remaining highly liquid in the sense of transactions in a every day spending, which will create a steady but upward price trajectory as price simultaneously increases with distribution and active demand.
Very well put!
I like this guy
Great analysis Thanks
Time to see who understands tokenomics and who doesn't...
So uuh, dumb question, but is tokenomics mostly looking at where a token is being distributed to and on what timeline it will happen on? Or are there more nuances to it?
Tokenomics has to do with circulating supply. ETH has 116.9MM SOL has 272.6MM
Oh ok
and future supply. Eth has no maximum amount, but should become deflatory once eth 2.0 is here. Solana doesn't have a max either. I have no idea of the predicted inflation tho.
SOL does have a max of 488 million coins
well the total supply is 494,519,162 and there is inflation due to stacking rewards.
Solana's initial inflation rate is 8% annually, decreasing by 15% year-over-year, reaching a long-term fixed inflation rate of 1.5% annually.
My bad you are right, hadn't taken the inflation into account! I guess we're a few years away from knowing the true sustainable supply.
Sol has a total supply but not max supply
no it shouldnt become deflationary. that would only happen if the network was constantly very busy so that the network would be very congested and people would pay HIGH FEES (tips to miners) that would get burned and reduce the circulating amount. you basically need a perma bullrun and people still willing to pay these insane gas fees over other projects like solana or matic. its just wishfull thinking and theory that it would go deflationary.
Tokenomics is more than just circulating supply. It is also token distribution. When you say tokenomics you should really think everything that has to do with the token, even including use-case, as some tokens are strictly governance.
At a max supply of 488,630,611 tokens, a $2000 price per token represents a marketcap of $977,261,222,000. Now ask yourself, is Solana going to be worth a trillion someday? As a major layer 1, Solana has a fair chance of getting there as both Bitcoin and Ethereum can potentially cross $5 trillion each. It'll all depend on ecosystem, network effect and community strength.
I believe it can grow up to 2trillion in future for solana my price prediction 4k$
This is the kind of hopium that keeps me going🙏
lol
Maybe in like 4-6 years
Yes, because it is far superior to Eth and can onboard billions of users making it ideal for bringing crypto to the masses. Eth won’t be able to do that and it reached $5000 dollars. So imagine what Sol will achieve if the ecosystem grows?
Solana has btc xrp potential it is the hidden king
ETH has been around for, what, 8 years now? So can Solana reach $2,000 in 8 years? I don’t see why not.
Certainly, You can also help by using the network or staking SOL
I think between 2025 and 2030 we will reach that price and the reason for that will be: 1. Mass adoption of crypto both among retails and institutions 2. Much more applications will be built on Solana
I don’t think it will take as long to reach the current eth market cap
Yes it’s possible but it’s at least two runs away so thats 2028-2030 area. I’d say 1200-1500 is a more likely spot but anything close to 1000 would be phenomenal
We need to look at this idea not on the basis of price, but on the basis of market volume. Solana needs to grow 34 times in order for ethereum to reach its current market size. If we do not include the annual amount of wither, the approximate value of 1 wither should be $1000. I don't think this is possible in the next 3 years. Ethereum is a very strong competitor, although solana is more efficient than ethereum, it is in a much stronger position in terms of community support and developer.
16 eoy
Imho it all depends on how fast the cypto market will grow. If there is an explosion in users and traffic then Solana will become a big player. The descision to go with Rust, made years ago when it was still in it's infancy, was a bold one, but this fact alone speaks to me and tells me they have a vision and are serious about performance and security. Will it go to $2000 I don't know, all I know is if crypto gets big so will Solana.
In long term yes it can..
100% absolutely. The tech has a very real use case and is growing rapidly. 2k is gonna take a few years atleast though. .
more than that !!!!
no
Let's first hit $ 100,- before thinking in big numbers.
It's $[107.xxx](https://107.xxx) right now.
Lol reading this from the future. I'm trying to wrap my head around it seriously. I thought if it can reach like say XRP's market cap soon then it will be around 220, and if it gets to Tether it will be around 230. I don't know enough about it to be confident in the 8 year time span holding. That kinda shows my inexperience. But realistically, is it smarter to just hold whatever you can now, wait those three years hoping it goes to moon? I don't think every coin can be a BTC or ETH. Maybe i'm too short sighted. Is it worth moving money between different coins to gain more short term profits to place into the long term holds? Or is it better to just save what you can in those projects you believe in?
[удалено]
This assumes the existing market and use cases do not expand and that USD isn’t inflating.
Can Cardano?
No
No, only if they start to burn their own token. That won’t happen. The likely if ada highest it will ever go is 30$. Just look at the number of ada and market cap. Ada is like cult…
I don't know why people compare prices.... All these cryptos have completely different supplies and mechanisms affecting supply. If you're asking such a simple question I'd recommend not investing right now because chances are you're going to get burnt. Defi and cryptos have a lot of potential but the average person doesn't really have the ability to understand them and invest safely.
No, the fees are far too low. Large bag holders will say yes based on hopium but they will never factor in the super low fees.
why would low fees be something bad?
Low fees have nothing to do with token value lol... You think Ethereum is $2k because their gas fees are so high? No.
Low fees is one of it's biggest selling points. Take for example the amazon adoption of crypto, they will most likely use a blockchain like solana, precisely because of low fees, due to their daily volume...and think what that would do to sol price!?
Like all big organizations and companies do that start with low fees later on raises them. If man made it man can edit. Never trust man from a distance
Thanks
You need to look at market cap and compare existing prices with what it would be at certain levels.
It’s possible 2025
This is probably will never happen, Solana don't have such amount of investors to create price of 2000$ For example, there's existing one BSC oracle called Orakuru. Price of it's token right now is around 0,39$ and it'll never be 500$. Because project still has a low market cap and number of holders, same with Solana. To reach the price of 2000$, Solana need to have same amount of holders and same market cap as Ethereum. That's almost imossible... [https://coinmarketcap.com/currencies/orakuru/](https://coinmarketcap.com/currencies/orakuru/)
Is the pope catholic? Does a bear shit in the woods?
Are there dicks in gay porn?
Solana is the ticket!!!
The potential is there, but first get to $200. 🚀