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BTC $79,010.96 -2.77%
ETH $2,225.52 -2.46%
BNB $670.61 -1.70%
XRP $1.43 -3.73%
SOL $89.08 -3.15%
TRX $0.3519 -0.25%
DOGE $0.1124 -3.61%
ADA $0.2609 -3.77%
BCH $424.97 -2.61%
LINK $10.06 -4.01%
HYPE $43.34 -6.26%
AAVE $92.52 -5.86%
SUI $1.09 -8.05%
XLM $0.1545 -4.87%
ZEC $513.04 -6.34%

Standard Chartered Bank lowers its short-term price forecast for Solana but raises its 2030 expectation to $2000

2026-02-03 23:32:03
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According to market news, Standard Chartered Bank has lowered its short-term price expectations for Solana in its latest research report, while significantly raising its long-term forecast.

The bank has reduced its target price for SOL at the end of 2026 from $310 to $250, but expects it to reach $2000 by the end of 2030. The report notes that Solana's decentralized exchange activity is shifting from meme coin trading to SOL-stablecoin trading pairs, with its stablecoin turnover being 2 to 3 times faster than Ethereum, indicating different use cases; Solana's "ultra-low-cost, fast, and reliable trading model" will enable it to dominate areas that require high throughput and low transaction costs, particularly in the micropayment sector driven by AI protocols like x402.

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