Standard Chartered Bank: SOL is expected to hit $500 by 2029

Odaily News Standard Chartered analyst Geoffrey Kendrick expects Solana to lag behind Ethereum in the short term until new use cases outside of Memecoins gain traction, and he believes that SOL will reach $275 by the end of 2025 and $500 by 2029. Geoffrey Kendrick pointed out in the report: Solana is currently very versatile, especially in the field of transactions, where Solana dominates Memecoin transactions. This is because it is able to process a large number of transactions at the same time while keeping user fees low. (The Block)