PANews February 3 News, according to Decrypt, Standard Chartered Bank has downgraded its short-term price expectations for Solana in its latest research report, while significantly raising its long-term forecasts. The bank has lowered its end-of-2026 target price for SOL from $310 to $250, but expects it to reach $2000 by the end of 2030. The report points out that Solana’s decentralized exchange activity is shifting from Meme coin trading to SOL-stablecoin trading pairs, with its stablecoin turnover speed being 2 to 3 times faster than Ethereum, indicating different use cases; Solana’s “ultra-low-cost, fast, and reliable transaction model” will enable it to dominate fields requiring high throughput and low transaction costs, especially micro-payments driven by AI protocols like x402.
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_Bank links Solana growth to low fees and shifts toward payment use cases._
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