Standard Chartered has updated its price expectations for Solana. While the bank reduced its forecast for 2026 to $ 250, predicting a more limited rise in the short term, it maintained its long-term optimism by setting the price target for 2030 as $ 2,000. This situation has led to different expectations regarding the transformation process that Solana will undergo in the coming years.
Updated Price Forecasts from Standard Chartered
UK-based Standard Chartered is a well-established financial institution that conducts important research in the cryptocurrency market. Geoffrey Kendrick, head of the bank’s digital assets research, stated that Solana is in the process of moving towards real usage areas, rather than being a network that focuses solely on speculation. Kendrick stated that the price correction predicted for Solana in the near term can be considered as a natural result of this transformation.
Limited Rise in the Short Term, Strong Potential in the Long Term
Standard Chartered lowered its 2026 target from $310 to $250. This revision points to the transition process in the Solana network and the fluctuations it may cause. The bank is of the opinion that Solana’s image associated with memecoins will be replaced by more serious financial infrastructure projects. It is stated that this transition will not be easy and may bring volatility from time to time instead of a stable growth in the market.
However, keeping the 2030 target at $2,000 indicates that Standard Chartered’s long-term prospects are strong. In the long term, attention is drawn to Solana’s success, especially in offering micropayments and fast transaction infrastructure.
According to the bank’s evaluation, it is reported that the stablecoin volume in Solana is 2 to 3 times higher than Ethereum. This data shows that the Solana network can be used more effectively for fast, low-volume transactions. This may form the basis for the chain to gain value in the long term.
The bank foresees gradual targets for Solana, such as $ 400 in 2027, $ 700 in 2028 and $ 1,200 in 2029. These consecutive high-level predictions signal that the network could experience significant progress in technological development and adoption in the coming years.
On the other hand, it is also noteworthy that Solana outflows from the stock exchanges continue. Similar outflows experienced in the past generally indicate that investors have taken long-term positions. Despite the price target being lowered in the short term, some investors remain focused on the potential big picture in Solana.
In Standard Chartered’s statements, Solana’s tendency to focus on stablecoins and financial projects used in the real world rather than speculation is highlighted. This situation supports various assessments that there is a general transformation in the sector.
Geoffrey Kendrick stated that Solana has moved away from being a project only associated with memecoins and is focusing on more serious financial applications and infrastructure work.
