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ZEC $1,176.77 +3.04%
BTC $78,445.28 -0.92%
ETH $2,485.21 -0.26%
BNB $752.50 +1.70%
XRP $1.42 +1.30%
SOL $103.34 -0.57%
TRX $0.3388 +1.33%
DOGE $0.0900 -0.74%
ADA $0.2195 -0.57%
BCH $258.62 +0.01%
LINK $12.53 -1.85%
HYPE $85.03 -0.24%
AAVE $128.85 -2.70%
SUI $0.8111 -0.84%
XLM $0.1878 -3.10%
ZEC $1,176.77 +3.04%

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

2026-02-03 23:32:03

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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