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ZEC $503.78 -1.21%
BTC $64,120.60 +0.98%
ETH $1,896.03 -0.07%
BNB $600.04 -0.57%
XRP $0.9964 -0.15%
SOL $76.08 +1.04%
TRX $0.3325 +0.29%
DOGE $0.0697 -0.33%
ADA $0.1742 +0.52%
BCH $203.16 -0.09%
LINK $9.42 -1.07%
HYPE $59.20 +0.24%
AAVE $89.08 +2.98%
SUI $0.6520 -3.41%
XLM $0.1534 -2.51%
ZEC $503.78 -1.21%

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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