Standard Chartered Adjusts Solana Price Forecasts

Standard Chartered has revised its price forecasts for Solana, according to ChainCatcher. The bank's latest research report lowers the short-term price target for Solana, while significantly increasing its long-term projection. The report adjusts Solana's target price for the end of 2026 from $310 to $250, but anticipates it will reach $2,000 by the end of 2030. It highlights a shift in Solana's decentralized exchange activity from meme coin trading to SOL-stablecoin pairs. Solana's stablecoin turnover is reportedly two to three times faster than Ethereum's, indicating diverse use cases. The report also emphasizes Solana's "ultra-low cost, fast, and reliable transaction model," which is expected to dominate areas requiring high throughput and low transaction costs. This is particularly relevant in micropayment sectors driven by AI protocols like x402.