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BTC $64,158.29 +0.04%
ETH $1,868.27 +0.26%
BNB $566.35 +0.79%
XRP $1.09 +0.57%
SOL $74.16 +0.14%
TRX $0.3296 -0.15%
DOGE $0.0711 +2.76%
ADA $0.1647 +0.06%
BCH $209.88 -0.08%
LINK $8.38 -0.01%
HYPE $57.82 -1.75%
AAVE $91.92 -2.98%
SUI $0.7085 -1.45%
XLM $0.1784 +0.26%
ZEC $481.82 -2.91%

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

2026-02-03 23:32:03
Collection

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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