BEARISH 📉 : Standard Chartered Cuts 2026 Solana Prediction To $250

Standard Chartered has adjusted its end-2026 price target for Solana to $250 from $310, maintaining a $2,000 target by 2030. This reflects a shift from memecoin trading to stablecoin-based micropayments on Solana's network.

The revision is due to skepticism about Solana's ability to convert cost and throughput advantages into sustained economic activity quickly.
Geoffrey Kendrick notes a change in decentralized exchange (DEX) flow, moving from memecoin trading to SOL–stablecoin pairs.
This shift intensified in 2025 as capital moved away from meme-focused activities towards tokenized dollars.
Solana's low transaction costs enable "micropayment" use cases, crucial for AI-driven payments.
Stablecoin velocity on Solana is reported to be two to three times higher than on Ethereum.
The bank links this potential to "internet-native" payment protocols, like Coinbase-backed x402.
Despite a lower 2026 target, long-term projections remain aggressive: $400 in 2027, $700 in 2028, $1,200 in 2029, and $2,000 by 2030.
Kendrick predicts Solana will outperform Bitcoin during 2027–2030.

Currently, SOL is trading at $96.93.

Solana price chart