{"id":19536,"date":"2024-12-14T12:46:06","date_gmt":"2024-12-14T10:46:06","guid":{"rendered":"https:\/\/forklog.com\/en\/vaneck-predicts-ethereum-at-6000-and-solana-at-500\/"},"modified":"2024-12-14T12:46:06","modified_gmt":"2024-12-14T10:46:06","slug":"vaneck-predicts-ethereum-at-6000-and-solana-at-500","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/vaneck-predicts-ethereum-at-6000-and-solana-at-500\/","title":{"rendered":"VanEck Predicts Ethereum at $6000 and Solana at $500"},"content":{"rendered":"<p>At the peak of the current bull cycle, the price of the second-largest cryptocurrency by market capitalization will exceed $6000, while Solana and Sui will reach $500 and $10, respectively. This forecast was <a href=\"https:\/\/www.vaneck.com\/us\/en\/blogs\/digital-assets\/matthew-sigel-vanecks-10-crypto-predictions-for-2025\/#prediction-1\" title=\"\">made<\/a> by VanEck specialists.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;After this peak, we expect a 30% correction in the price of Bitcoin. Meanwhile, altcoins may fall more sharply\u2014up to 60%, due to market consolidation in the summer. However, by autumn, a recovery is likely: major tokens will begin to gain momentum and could return to their historical highs by the end of the year,&#8221; company representatives noted.<\/p>\n<\/blockquote>\n<p>Analysts predict that the cryptocurrency bull market will reach a &#8220;mid-term peak&#8221; in the first quarter of 2025, setting a new high in the fourth quarter.<\/p>\n<p>As the market approaches peak levels, experts identified the following characteristic signs:<\/p>\n<ul class=\"wp-block-list\">\n<li><em>consistently high funding rates<\/em> exceeding 10% for a three-month period;<\/li>\n<li><em>excessive unrealized profits<\/em>, indicating market euphoria;<\/li>\n<li><em>on-chain metric <\/em><em>MVRV<\/em><em> values above 5<\/em>, indicating strong overheating and extremely speculative sentiment; <\/li>\n<li><em>Bitcoin dominance index falling<\/em> <em>below 40%<\/em>, suggesting a shift in market participants&#8217; focus to riskier altcoins;<\/li>\n<li>universal <span data-descr=\"fear of missing out\" class=\"old_tooltip\">FOMO<\/span>; a stream of messages from friends unfamiliar with cryptocurrencies\u2014a reliable sign of &#8220;speculative mania at the highs.&#8221;<\/li>\n<\/ul>\n<p>At the time of writing, the MVRV Z-Score indicator values are slightly above 3, indicating significant growth potential and a substantial distance from the dangerous &#8220;red zone.&#8221;<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"754\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/mvrv-9-1024x754.png\" alt=\"mvrv-9\" class=\"wp-image-247707\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/mvrv-9-1024x754.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/mvrv-9-300x221.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/mvrv-9-768x566.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/mvrv-9.png 1286w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.bitcoinmagazinepro.com\/charts\/mvrv-zscore\/\">Bitcoin Magazine<\/a>. <br \/><\/figcaption><\/figure>\n<p>As before, VanEck analysts remain confident that the target price for Bitcoin in the current cycle will reach $180,000. <\/p>\n<p>Previously, Matrixport specialists set $160,000 as the target mark for Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the peak of the current bull cycle, the price of the second-largest cryptocurrency by market capitalization will exceed $6000, while Solana and Sui will reach $500 and $10, respectively. This forecast was made by VanEck specialists. &#8220;After this peak, we expect a 30% correction in the price of Bitcoin. Meanwhile, altcoins may fall more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1146,46,1159,783],"class_list":["post-19536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-cryptocurrency-market-forecasts","tag-ethereum","tag-solana-sol","tag-vaneck"],"aioseo_notices":[],"amp_enabled":true,"views":"94","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19536"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19535"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}