Solana Price Prediction: Standard Chartered Cuts 2026 Target, Sees $2,000 by 2030
Standard Chartered simply dropped a concern sign on Solana. They lower their 2026 goal to $250. But then they doubled down on a daring $2,000 name by 2030.
That is a pointy distinction. Near time period strain. Long time period conviction.
The financial institution sees Solana shifting away from pure hypothesis towards actual utility. That form of transition is never easy. It can imply volatility now and development later.
- Target Adjustment: 2026 prediction lower from $310 to $250, citing transitional dangers.
- Long-Term Bull: 2030 goal set at $2,000, pushed by dominance in micropayments.
- Market Signal: Analysts see the shift from memecoins to stablecoins as a key utility driver.
What Standard Chartered’s Revised Targets Mean for Solana
Standard Chartered sees Solana at a turning level. Geoffrey Kendrick, who leads digital asset analysis on the financial institution, says SOL is shifting away from its memecoin on line casino picture and shifting towards one thing extra critical. More infrastructure. More actual finance.
That shift will not be frictionless. The revised $250 goal for 2026 displays that transition. Growth continues to be there, however it could not seem like the explosive runs from previous cycles.
For retail traders, it’s a commerce off. The close to time period upside may very well be extra measured. But the long run basis appears to be like stronger if actual utility retains constructing.
Solana Price Prediction: Breaking Down the New SOL Valuations
The roadmap is detailed. Standard Chartered trimmed the 2026 goal to $250 from $310, anticipating a interval of consolidation as exercise shifts.
But after that, the projections accelerates. $400 by 2027. $700 in 2028. $1,200 in 2029. And $2,000 by the top of 2030.
The thesis facilities on community velocity. Stablecoin turnover on Solana is reportedly 2 to three instances larger than on Ethereum, which makes it nicely suited to quick, low worth transactions. That form of throughput is what long run valuation fashions are leaning on.
Solana cash have continued to go away exchanges. Historically, that form of outflow factors to accumulation. So even with a short-term downgrade, some gamers seem like positioning for the larger image.
The submit Solana Price Prediction: Standard Chartered Cuts 2026 Target, Sees $2,000 by 2030 appeared first on Cryptonews.