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ZEC $1,165.88 -3.60%
BTC $79,167.47 -0.77%
ETH $2,494.69 +0.07%
BNB $740.71 -0.98%
XRP $1.40 -0.87%
SOL $103.94 -2.19%
TRX $0.3340 -0.34%
DOGE $0.0898 +0.95%
ADA $0.2207 +1.03%
BCH $259.98 +1.30%
LINK $12.90 +4.88%
HYPE $85.15 -3.34%
AAVE $132.36 -0.73%
SUI $0.8193 +2.95%
XLM $0.1908 +3.82%
ZEC $1,165.88 -3.60%

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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