TechFlow News, February 3: According to a report by Decrypt, Geoff Kendrick, Standard Chartered Bank’s Global Head of Digital Asset Research, has revised the bank’s year-end 2026 price target for Solana (SOL) downward from $310 to $250. However, the bank has raised its long-term forecast, projecting SOL to reach $2,000 by year-end 2030. The report notes that decentralized exchange (DEX) activity on Solana is shifting away from meme coin trading pairs toward SOL–stablecoin pairs, and its ultra-low-cost transaction model—fees as low as $0.0007 per transaction—positions it to dominate the micropayments space. SOL is currently trading at approximately $101, down more than 65% from its all-time high of $293 reached in January last year.
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