TechFlow news, October 8 — According to The Block, Geoff Kendrick, Head of Global Digital Assets Research at Standard Chartered, predicted in a recent report that if Donald Trump wins the U.S. presidential election, Solana (SOL) could rise fivefold by the end of 2025, Ethereum (ETH) fourfold, and Bitcoin (BTC) threefold.
Kendrick stated that if Kamala Harris wins the presidency, he expects Bitcoin to outperform Ethereum, which in turn would outperform Solana. Under a Harris administration, he forecasts Ethereum to reach $7,000 by the end of 2025. Regardless of the election outcome, Kendrick projects Bitcoin to hit $200,000 by the end of 2025.
Regarding Solana's growth potential, Kendrick noted that a Trump administration might be more supportive of the Solana ecosystem. He believes the launch of a Solana ETF would be more likely during a Trump presidency. Additionally, Solana’s network throughput would need to significantly improve, with an expected increase of 100 to 400 times.
