Solana Poised to Overtake XRP by 2030: Analyst Predicts Ecosystem Dominance
Solana's valuation may surpass XRP by 2030, according to analyst Alex Carchidi from The Motley Fool. Currently, Solana is ranked seventh by market capitalization at around $50 billion, while XRP holds an edge in market cap at approximately $87 billion.
Carchidi argues that Solana's speed and low transaction costs make it well-positioned for high-volume asset movement. The platform already hosts around $272 million in tokenized stocks, a figure that rose 14% in the 30 days ending Mar. 5. Projections estimate 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 notes that even a modest shift in market share could tip the balance, given Solana's close valuation to XRP.