Solarium
It is expected to have a lower performance to Ether in the next two or three years, said Investment Bank Standard Chartered (STAN) in a research report on Tuesday that starts the coverage of the cryptocurrency.
The bank expects the Ether/Solana ratio to increase from 14 currently to 17 at the end of 2027, before falling again.
For Solana, “this translates into forecasts of $ 275 at the end of 2025 (from the current level of $ 175) and $ 500 at the end of 2029,” wrote Geoff Kendrick, head of digital asset research at Standard Chartered.
Solana is the choice block chain for Memecoin’s trade, but due to the volatility associated with the sector, the cheap token is related to the income of its applications, the bank said.
Memecoin’s activity in Solana also seems to be “beyond its peak,” said the bank, added that “decreasing the use and trade ‘cheap’ are not a good combination.”
The cryptocurrency should dominate future sectors with high volumes, low rates and rapid transaction times, such as applications of financial and traditional consumers, but reaching the scale in these areas could take years, added the report.
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