ABCDEFGHIJKLMNOPQRSTUVWXYZAA
1
2
Solana Valuation Framework
3
BaseBearBest
4
Solana daily active addresses in Nov 2024 (M)5.65.65.6
5
Solana daily active addresses by 2029 (M)2245.6448
6
Solana smart contract market share in Nov 2024 (daily active addresses)50%50%50%
7
Solana smart contract market share by 2029 (daily active addresses)50%30%70%
8
Annual revenue run rate in Nov 2024 ($M)$1,030$1,030$1,030
9
Annual revenue run rate by 2029 ($M)$20,600$1,030$51,500
10
Network validator share of revenue2%3%1%
11
Token holder share of revenue98%97%99%
12
Token holder share of revenue ($M)$20,188$999$50,985
13
Token holder revenue multiple251535
14
Fully diluted market capitilization in Nov 2024 ($M)$120,000$120,000$120,000
15
Fully diluted market capitilization by 2029 ($M)$504,700$14,987$1,784,475
16
Annual token supply inflation rate, 2025 - 20293%5%3%
17
Long-term token supply inflation rate >20291.5%3%1.5%
18
SOL total token supply in Nov 2024 (M)588588588
19
SOL total token supply by 2029 (M)683754683
20
21
SOL token price by 2029$739$20$2,613
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100