Standard Chartered Bank lowers its short-term price forecast for Solana but raises its 2030 expectation to $2000
Feb 03, 2026 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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