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Here's why one analyst expects Solana (SOL) to rise twenty-fold from current depressed level

  • Geoffrey Kendrick, Standard Chartered's global head of digital asset research, wrote Tuesday that AI-driven micropayments show an `order of magnitude` cost reduction on Solana , trading at $100, with a forecast to reach $250 by end-2026 as its memecoin reputation shifts toward digital payments.
  • Flows on decentralized exchanges on Solana have started to shift from memecoins to SOL-stablecoin trading pairs, aided by AI-driven micropayments, while nearly half of 2025 fees came from memecoin trading and Solana gas fees are often less than a cent.
  • On-Chain data and platforms show Solana stablecoin turnover now outpaces Ethereum, with x402 processing six-cent transactions, while Bitwise BSOL ETF absorbed 78% of SOL ETF inflows since October 2025.
  • Event-Contract traders show a 30% chance SOL drops below $40 and a 41% chance it exceeds $200, with outcomes depending on scale and adoption, Kendrick said.
  • Institutional allocations and treasury holdings support a scenario where Standard Chartered projects SOL could reach $2,000 by 2030, with targets of $400 in 2027, $700 in 2028, and $1,200 in 2029.
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coinidol.com broke the news in on Monday, February 2, 2026.
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