Standard Chartered Projects Solana to Reach $275 by 2025 and $500 by 2029
Standard Chartered's research report indicates that Solana (SOL) is projected to underperform Ether (ETH) over the next two to three years. Key points include:
- The ether/solana ratio is expected to rise from 14 to 17 by the end of 2027.
- Price forecasts for Solana are $275 by the end of 2025 and $500 by the end of 2029, up from its current price of $175.
- Memecoin trading on Solana is declining, leading to lower application revenue relative to token value.
- Future potential exists in high-volume sectors such as finance and consumer apps, but achieving scale may take years.