Standard Chartered predicts solana will more than double in price by end of year
The price of solana is trading at $100, a nearly two-year low, but Standard Chartered forecasts that the token will climb to $250 by the end of 2026.
Geoff Kendrick, the bank’s global head of digital asset research, pointed to flows on decentralized exchanges on solana beginning to shift from meme coins to solana-stablecoin pairs, aided by AI-driven micropayments.
“AI-driven micropayments using stablecoins are starting to demonstrate that the ‘order of magnitude’ cost reduction on solana can enable entirely new markets (in this case micropayments) to develop,” Kendrick wrote in a Tuesday note.
Market-implied probabilities derived from event contracts show that investors think there’s a 30% chance the token will go lower than $40 in 2026. On the bullish side, traders are pricing in a 41% chance it will climb higher that $200 in the same period.
(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)
Even though the firm expects solana to trade significantly higher by the end of the year, the firm lowered its initial forecast of $310 and predicts the token will underperform ethereum in the next two years.
“Beyond that, if it achieves sufficient scale, we think SOL will be due for a catch-up as this new market takes shape,” Kendrick said.
On a longer horizon, Standard Chartered predicts the token will climb to $2,000 by 2030.
