Standard Chartered: The $250 target for Solana in 2026 faces real-world challenges
2026-10-09 18:24:41
According to CoinMeta, Standard Chartered predicted that Solana would reach $250 by the end of 2026. However, after recent crypto market declines, the price of Solana has fallen to around $110.46, a decrease of about 4% in the past 24 hours. The firm's digital assets research team lowered its target price for Solana from $310 to $250 earlier this year, but at the same time raised its long-term forecasts, expecting Solana to reach $400 by 2027, $700 by 2028, $1200 by 2029, and $2000 by 2030. Kendrick believes that Solana is gradually moving away from its dependence on meme token transactions and is shifting towards micro-payments based on stablecoins. Currently, the price of Solana has fallen below the $117-120 range, with $110 becoming a key support level for buyers.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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