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Solana’s Long-Term Horizon: Standard Chartered Adjusts Price Trajectory with 2030 Bullish Outlook

Solana’s Long-Term Horizon: Standard Chartered Adjusts Price Trajectory with 2030 Bullish Outlook

Author:
SOL News
Published:
2026-02-05 16:01:26
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

In a significant revision of its cryptocurrency forecasts, global banking giant Standard Chartered has recalibrated its price targets for Solana (SOL). The bank, which manages approximately $800 billion in assets, has lowered its near-term year-end 2026 projection to $250, down from a previous estimate of $310. However, in a move that underscores a strong conviction in the blockchain's long-term fundamentals, the bank has dramatically raised its 2030 price target to $2,000. This adjustment presents a nuanced view: tempered expectations for the immediate future paired with profound Optimism for the latter part of the decade. The rationale behind this revised roadmap, as detailed in the bank's research, hinges on Solana's growing dominance in several critical, real-world application sectors. Standard Chartered analysts specifically highlighted Solana's architectural advantages in facilitating micropayments and serving as a leading platform for stablecoin transactions. The network's high throughput and low transaction costs are seen as key differentiators that position it to capture substantial market share in these areas, which are fundamental to the integration of blockchain technology into everyday finance and commerce. This analysis from a major traditional financial institution like Standard Chartered carries considerable weight, signaling a maturation in how large-scale asset managers evaluate layer-1 blockchains. It moves beyond speculative hype to a fundamentals-driven assessment based on utility and adoption metrics. The lowered 2026 target may reflect a more conservative view on the near-term macroeconomic environment or competitive landscape, while the soaring 2030 projection suggests a belief that Solana's core technological propositions will translate into sustained, large-scale adoption over a longer horizon. This bifurcated forecast offers a strategic perspective for investors, emphasizing patience and a focus on the underlying utility and ecosystem growth that could drive value over the next several years.

Standard Chartered Revises Solana Price Targets: Cuts 2026 Outlook, Raises 2030 Projection

Standard Chartered has adjusted its solana price forecasts, lowering the 2026 year-end target to $250 from $310 while significantly raising the long-term projection to $2,000 by 2030. The London-based bank, managing $800 billion in assets, cites Solana's dominance in micropayments, stablecoins, and real-world applications as key drivers for its bullish stance.

The revised roadmap, outlined in a February 2026 report by Geoffrey Kendrick, Global Head of Digital Assets Research, projects a steady climb: $400 by end-2027, $700 by 2028, $1,200 by 2029, and $2,000 by 2030. From current levels NEAR $97, the 2030 target represents a potential 1,900% upside.

Solana's technical advantages—low fees, high throughput, and scalability—position it as a leader for payment solutions and stablecoin transfers. The network processed over $1 trillion in stablecoin volume in 2025 alone, demonstrating real-world utility that underpins Standard Chartered's confidence.

Solana Shows Signs of Bottoming Out as Metrics Improve

Solana's SOL token appears to be stabilizing near the $100 support level after a 30% monthly decline. Technical indicators suggest the sell-off may be exhausting, with RSI readings dipping into oversold territory for the first time since late 2025.

Network activity paints a bullish counterpoint to recent price action. Daily active users have rebounded 85% from December lows, now consistently holding above 5 million addresses. This fundamental strength contrasts with the prolonged technical correction.

Chart patterns reveal a potential inflection point. The current price aligns with the lower boundary of a multi-year descending channel, while momentum indicators flash oversold signals that historically precede sharp reversals. A sustained hold above $100 could catalyze a rally toward $140-$175.

Multicoin Capital Co-Founder Shifts Focus from Crypto VC to AI and Robotics

Kyle Samani, co-founder and managing partner of Multicoin Capital, is stepping back from his day-to-day role at the crypto-focused venture capital firm to pursue new ventures in artificial intelligence and robotics. This MOVE follows nearly a decade of leadership in blockchain and crypto investments.

Multicoin Capital confirmed the transition in a blog post signed by co-founder Tushar Jain, Samani, and the broader team. While Samani will no longer focus full-time on crypto, he remains involved in key roles within the industry.

Under Samani's leadership, Multicoin grew into a prominent name in crypto venture capital, known for early bets on blockchain projects, particularly within the solana ecosystem. His evolving interests now extend beyond crypto into AI, robotics, and longevity research.

Solana Recovery Narrative Strengthens Amid RWA Growth and Regulatory Tailwinds

Solana's recovery thesis gains credibility as real-world asset activity on the network surpasses $1.15 billion. Despite SOL's 25% retreat from January highs, institutional analysts highlight improving fundamentals—record network usage and a favorable regulatory shift are reshaping long-term projections.

The $95-$100 support zone emerges as a critical battleground, with technical indicators flashing oversold conditions that historically precede rebounds. A decisive hold above this range could catalyze moves toward $150, while breach scenarios remain contingent on broader crypto market sentiment.

Trader Accuses Binance of Causing Liquidation Through Abnormal Price Wick

Cryptocurrency trader Edison Zhang has publicly accused Binance of triggering a market event that liquidated his Leveraged positions, resulting in significant losses. In an open letter shared on X (formerly Twitter), Zhang, known as @edisonzz, detailed how an unusual price movement—referred to as a 'wick'—on the SOL/USDT pair led to the automatic closure of his long positions. "Everything had been wiped out. My account was at zero. Ten years of heart and soul vanished into thin air," Zhang wrote, attaching trade screenshots as evidence.

The disputed price wick occurred on October 11, with SOL briefly dipping below Zhang's liquidation threshold of $145 to $141. A wick, represented by the thin vertical lines on candlestick charts, indicates the highest and lowest prices reached during a trading period, even if the asset did not close at those levels. Upper wicks signal selling pressure, while lower wicks reflect buying interest. Binance has yet to publicly respond to the allegations.

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