Could Solana Really Hit $500 by 2029? Standard Chartered Thinks So

Could Solana Really Hit $500 by 2029? Standard Chartered Thinks So

Solana SOL is expected to underperform ether ETH over the next two to three years, investment bank Standard Chartered (STAN) said in a research report Tuesday initiating coverage of the cryptocurrency.The bank expects the ether/solana ratio to increase from 14 currently to 17 by the end of 2027, before falling off again.For solana, "this translates into forecasts of $275 at end-2025 (from the current level of $175) and $500 by end-2029," wrote G…

Solana Price Prediction Hits $500 by 2029, Says Standard Chartered, but Ethereum May Outperform Until 2027

Standard Chartered predicts Solana will reach $275 by end-2025 and $500 by 2029. The bank warns of short-term underperformance due to reliance on memecoin trading. Solana may lag Ethereum until 2027 as alternative sectors like DePIN take time to mature. Standard Chartered has released a detailed Solana forecast, predicting the Solana price could reach $275 by the end of 2025 and rise to $500 by 2029.  Solana Price Forecast: Source: Standard Cha…

Solana May Reach $500 By 2029, Says Standard Chartered » News.ng

Standard Chartered has issued a long-term price outlook for Solana (SOL), suggesting the blockchain will struggle to match Ethereum’s performance in the near term but could reach $500 by 2029. The British multinational bank expects SOL to underperform through 2027, primarily due to its overdependence on memecoin activity, according to reporting by The Block. The bank sees Solana’s current reliance on memecoin trading as a limiting factor, with G…

Standard Chartered predicts SOLANA growth to $ 500 by 2029 - World Stock Market

Standard Chartered predict an increase in the price of SOLANA cryptocurrency (SOL) up to $ 500 by 2029, reports RBC Crypto. But in the next two or three years, a coin can show a weaker dynamics compared to Ethereum (ETH), the bank analysts say. SOLANA takes the sixth place in the list of the largest cryptocurrencies with a capitalization of $ 91.9 billion. At 16:00 Moscow time, SOL is trading about $ 176. This is almost 40% lower than the histor…

Standard Chartered Says It Will Take Until 2029 for Solana to Hit $500

Standard Chartered Bank has initiated coverage of Solana (SOL), projecting that its native token could hit $500 by the end of 2029. However, the bank's head of digital assets research, Geoffrey Kendrick, warns that SOL is likely to underperform Ethereum (ETH) over the next two to three years, due to its current overreliance on memecoin activity and the lack of a more sustainable growth engine. Trade Crypto on Kraken Fading memecoin momentum lim…

Standard Chartered Bank expects Solana (SOL) to underperform Ethereum (ETH) over the next 2-3 years but reach $500 by 2029. The bank’s head of digital asset research, Geoffrey Kendrick, said in a report that Solana… World-Famous Bank Ether...