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ETH $1,546.29 -7.91%
BNB $573.39 -3.21%
XRP $1.08 -4.80%
SOL $61.52 -7.28%
TRX $0.3187 -2.11%
DOGE $0.0801 -5.53%
ADA $0.1547 -5.84%
BCH $219.34 -5.45%
LINK $7.24 -4.85%
HYPE $58.81 -3.96%
AAVE $60.27 -10.82%
SUI $0.6919 -3.55%
XLM $0.1949 +1.85%
ZEC $364.91 +8.47%

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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