Standard Chartered predicts Solana (SOL) will reach $275 by the end of 2025, up from its current level of around $175, according to Geoff Kendrick, head of digital assets research. The bank also forecasts a price of $500 by the end of 2029.
The ether/solana ratio is expected to increase from its current value of 14 to 17 by the end of 2027 before declining again. While Solana is popular for memecoin trading, its volatility means it trades cheaply relative to its application revenue.
Standard Chartered noted that memecoin activity on Solana appears to be past its peak, and declining usage combined with trading cheap is not a favorable combination. The cryptocurrency is expected to dominate sectors requiring high volumes, low fees, and fast transaction times, such as financial and consumer apps, though scaling in these areas could take years.