TechFlow news, May 27 — According to The Block, Standard Chartered predicts Solana will reach $500 by 2029, but may lag behind Ethereum in the short term. Geoffrey Kendrick, the bank's head of global digital asset research, pointed out that Solana is currently overly reliant on memecoin trading, which is not a sustainable growth driver. Although Solana has advantages in low fees and high throughput, new use cases may take two to three years to develop. Standard Chartered expects SOL price to reach $275 by the end of 2025 and the ETH/SOL ratio to rise to 17 by the end of 2027. The bank also forecasts Bitcoin will reach $200,000 by the end of 2025 and $500,000 by 2028, with the stablecoin market size reaching $2 trillion by the end of 2028.
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