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Standard Chartered Bank: If Trump is elected as the US president, Solana price may increase fivefold by the end of 2025

2024-10-08 15:01
Odaily News Based on current prices and the potential impact of Donald Trump winning the U.S. presidential election, Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, predicts that Solana's price could increase fivefold, Ethereum could increase fourfold, and Bitcoin's value could increase threefold by the end of 2025. He also said that if Harris becomes president, he expects Bitcoin to outperform Ethereum, which in turn outperforms Solana. He added: "In U.S. dollar terms, we expect Ethereum prices to reach $7,000 by the end of 2025 under a Harris presidency." Regardless of the outcome of the November 5 election, Kendrick expects the price of Bitcoin to rise to $200,000 by the end of 2025. (TheBlock)