Standard Chartered says Solana could reach $2,000 by 2030, despite trading near $100 and a lowered 2026 price forecast.
Standard Chartered has reiterated a positive long-term outlook for Solana, even as the token trades near $100. The bank said the recent price decline does not change its long-range expectations for the network.
Analysts stated that Solana’s fundamentals continue to support higher valuations over time, despite ongoing market volatility.
Long-Term Price Outlook Remains Intact
Standard Chartered said Solana could reach $2,000 by 2030 despite current market weakness.
The bank noted that price declines are common during broader crypto downturns. It added that long-term value is tied more to network usage than short-term price action.
SOL has dropped sharply from earlier levels as digital asset markets cooled. This move followed lower trading volumes and reduced speculative activity.
Analysts said these conditions are not unusual during market corrections.
The bank explained that Solana remains positioned for long-term growth. It cited scalability and transaction efficiency as factors supporting future adoption.
These features continue to attract developers and users.
Near-Term Forecast Cut Reflects Market Pressure
Standard Chartered lowered its 2026 price forecast for SOL to $250 from $310. Analysts said the revision reflects slower near-term growth and weaker sentiment.
Broader market pressure also weighed on digital asset valuations.
The bank said the adjustment does not signal a change in long-term expectations. Instead, it reflects current trading conditions and reduced risk appetite.
Shorter-term forecasts are often revised during volatile periods.
Analysts added that crypto assets frequently experience extended consolidation phases. These periods can last months or longer.
Price recovery often follows renewed network activity.
Capital Flows Shift Toward Stablecoin Usage
Standard Chartered said on-chain data shows a change in capital flow patterns. The bank observed reduced interest in memecoins across the Solana network.
Activity is increasingly moving toward SOL-stablecoin trading pairs.
In its report, the bank stated, “Flows are starting to shift from memecoins towards SOL-stablecoin pairs.”
Analysts linked this trend to growing use of stablecoins for payments.
Stablecoin-based micropayments are becoming more common. These transactions support steady network usage and fee generation.
The bank said this shift could create more stable demand.
Related Reading: Moscow Exchange to Launch Solana, XRP, and TRX Futures
Payments and Infrastructure Support Adoption
The report noted that Solana’s low fees support frequent small transactions. This makes the network suitable for stablecoin payments.
Such use cases are less dependent on speculative trading. Standard Chartered said payment activity can support long-term ecosystem health.
It provides consistent transaction volume during market downturns. This helps maintain network relevance.
The bank added that infrastructure development continues despite price declines. Developers remain active across payment and settlement applications.
These trends support the bank’s long-term outlook.
Source: https://www.livebitcoinnews.com/standard-chartered-solana-could-hit-2000-by-2030-despite-100-price/
