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ETH $1,837.44 -8.14%
BNB $633.50 -7.94%
XRP $1.21 -5.92%
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TRX $0.3303 -3.24%
DOGE $0.0922 -8.28%
ADA $0.2103 -7.33%
BCH $246.48 -14.88%
LINK $8.31 -7.48%
HYPE $71.89 -2.93%
AAVE $73.83 -7.25%
SUI $0.8096 -7.06%
XLM $0.2197 -6.71%
ZEC $604.41 +5.42%

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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