Solana Poised to Outpace XRP in Valuation by 2030, Analyst Says

A report from The Motley Fool analyst Alex Carchidi suggests that Solana (SOL) may surpass XRP in valuation by 2030 or later. Currently, XRP has a market capitalization of around $87 billion, while SOL is ranked seventh with a valuation of approximately $50 billion.

Solana's speed and low transaction costs make it well-positioned for high-volume asset movement, according to Carchidi. The platform already hosts around $272 million in tokenized stocks, which rose 14% in the 30 days ending March 5.

The broader opportunity is significant, with projections estimating that the total market for tokenized stocks could grow from roughly $1 billion today to more than $38 billion by 2035. Solana's ambition is to serve as a round-the-clock hub for trading equities, ETFs, and institutional funds at minimal cost.

Carchidi argues that Solana wouldn't need to capture the entire market to gain ground, its valuation is close enough to XRP's that even a modest shift in market share could tip the balance. While XRP has an edge in terms of built-in compliance framework, giving it an advantage with financial institutions, Solana's plans for a broader ecosystem may drive its valuation higher.