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XRP $1.40 -2.15%
SOL $84.49 -2.59%
TRX $0.3253 +0.57%
DOGE $0.0985 -0.35%
ADA $0.2470 -1.80%
BCH $448.60 -1.32%
LINK $9.26 -2.16%
HYPE $41.43 -2.08%
AAVE $97.33 +0.95%
SUI $0.9296 -1.46%
XLM $0.1654 -3.05%
ZEC $353.03 -0.70%

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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