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DFDV Exec Predicts Solana Price Could Reach $10,000 in 10 Years
A senior executive from DeFi Development Corp. (DFDV) forecasts that Solana could reach $10,000 in the next decade. This prediction is based on Solana's potential to capture a significant share of global digital value, particularly as digital value transfer becomes crucial to the global economy.
Key Points
- Parker White, COO and CIO of DFDV, sees recent market pressures as reinforcing Solana's growth potential.
- Solana's current price is $137, having declined over 25% in the past month. A rise to $10,000 would mean a gain exceeding 7,000%.
- White prefers exposure through DFDV, a Solana-focused treasury company, rather than purchasing SOL or investing in a Solana ETF.
- DFDV, controlled by White and colleagues owning over 20% of its stock, reported a 32% annualized increase in Solana per share over three months, outpacing ETFs.
- White expects maximum volatility in the Solana market until 2028, viewing it as an opportunity for long-term shareholder value.
- Short-term traders might benefit from price swings, while long-term investors should focus on accumulating and holding assets despite volatility.
