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Reading: Standard Chartered Cuts Solana’s 2026 Target but Backs Bold 2030 Outlook
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COINTURK NEWS > Solana (SOL) > Standard Chartered Cuts Solana’s 2026 Target but Backs Bold 2030 Outlook
Solana (SOL)

Standard Chartered Cuts Solana’s 2026 Target but Backs Bold 2030 Outlook

In Brief

  • Standard Chartered lowers Solana's 2026 price target but keeps a bullish 2030 forecast.

  • The bank sees Solana’s transition to real-world applications as key to long-term growth.

  • Ongoing exchange outflows suggest continued long-term enthusiasm for Solana.

Ömer Ergin
Ömer Ergin 2 months ago
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Standard Chartered has revised its price forecasts for Solana, signaling a more cautious view in the short term while remaining optimistic in the long run. The UK-headquartered bank trimmed its 2026 price projection for Solana to $250, reflecting expectations for only modest gains over the next two years. However, it reaffirmed its ambitious long-term target, predicting the cryptocurrency could soar to $2,000 by 2030—underscoring confidence in Solana’s evolving role in the digital asset sector.

Contents
Standard Chartered Revises Its Solana ForecastsShort-Term Caution, Long-Term Optimism

Standard Chartered Revises Its Solana Forecasts

As a major player in crypto research, Standard Chartered has closely followed Solana’s trajectory. Geoffrey Kendrick, who leads the bank’s digital assets research unit, emphasized that Solana is shifting away from speculation-driven narratives and toward real-world utility. Kendrick highlighted that the recently anticipated price correction is a natural reflection of this shift in the blockchain’s use cases.

Short-Term Caution, Long-Term Optimism

Notably, Standard Chartered has lowered its 2026 Solana target from $310 to $250. This adjustment points to the turbulence Solana may face as it transitions to a network anchored in serious financial infrastructure, stepping away from its image as a platform synonymous with memecoins. The bank notes that such a transformation is rarely smooth, expecting the path ahead to include periods of volatility as markets react to these changes.

Yet, the decision to keep the 2030 target at a striking $2,000 signals Standard Chartered’s faith in Solana’s long-term prospects. In its assessment, the bank draws attention to Solana’s impressive capabilities in micropayments and its ultra-fast transaction infrastructure, which could become increasingly essential as digital finance matures.

According to Standard Chartered’s analysis, Solana presently boasts a stablecoin transaction volume two to three times greater than Ethereum’s. This data points to Solana’s practical advantages for fast, low-value transactions—advantages that may underpin its long-term growth and drive chain value as adoption expands.

The bank’s report sets a phased trajectory for Solana’s price: targeting $400 in 2027, $700 in 2028, and $1,200 by 2029. These incremental milestones reflect optimism that technology enhancements and growing mainstream integration could deliver tangible progress over the next several years.

Meanwhile, ongoing outflows of Solana from exchanges have caught market watchers’ attention. Similar trends observed in the past have commonly pointed to investors taking long-term positions rather than seeking quick profits. Despite a trimmed short-term target, some remain focused on Solana’s broader potential and bigger picture.

In Standard Chartered’s statements, the narrative clearly favors Solana’s pivot from speculative hype toward tangible real-world applications, especially in stablecoin transactions and the broader financial ecosystem. The bank’s outlook supports the view that the entire sector may be undergoing a significant shift toward utility-driven growth.

Geoffrey Kendrick noted that Solana is no longer just associated with memecoins; instead, it is focusing on robust financial applications and serious infrastructure initiatives.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 16 February, 2026 - 2:29 pm 16 February, 2026 - 2:29 pm
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