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Briefly
- Normal Chartered has minimize its end-2026 Solana worth goal to $250 from $310.
- The financial institution raised its long-term forecast, projecting that SOL will attain $2,000 by end-2030.
- Solana's DEX exercise is shifting from meme cash to SOL-stablecoin pairs as micropayments emerge.
Normal Chartered has slashed its 2026 Solana worth goal whereas elevating long-term forecasts, saying the blockchain will dominate micropayments and stablecoin transactions because it strikes past its meme coin-dominated previous.
The worldwide banking group minimize its year-end SOL forecast to $250 from $310, however raised projections for subsequent years, estimating the token might attain $2,000 by end-2030, based on a analysis be aware from World Head of Digital Property Analysis Geoff Kendrick shared with Decrypt.
The revised outlook comes as Solana trades at $101, down 18% over the previous week and over 48% year-to-date, based on CoinGecko information, a steep decline from its all-time excessive of $293 hit final January following the launch of President Donald Trump's Official Trump (TRUMP) meme coin on the community.
"Flows on Solana's decentralised exchanges are beginning to shift from memecoins in the direction of SOL-stablecoin pairs," Kendrick wrote within the be aware, including that these stablecoins "are turning over two to a few instances quicker than stablecoins on ETH, demonstrating a special use case."
The financial institution now forecasts that SOL will attain $400 by end-2027 (up from a previous $350 goal), $700 by end-2028 (up from $475), and $1,200 by end-2029 (up from $500).
The brand new end-2030 goal marks the primary time Normal Chartered has revealed a Solana worth projection that far out in its analysis protection.
Kendrick defined that Solana's "ultra-low-cost, quick and dependable transaction mannequin" positions it to dominate sectors requiring high-volume, low-transaction-cost options—notably micropayments enabled by AI-driven protocols like x402, the place common transaction sizes are simply $0.06.
When requested what key indicators he’ll monitor to substantiate that micropayments have gotten Solana’s subsequent dominant use case, Kendrick instructed Decrypt he’s watching two main metrics: “Quantity of stablecoin transfers on Solana” and “Velocity of stablecoins on Solana.”
With Solana's median gasoline charge at $0.0007 in comparison with Base's $0.015, the community can economically course of transactions too small for conventional finance techniques and even most different blockchains to deal with profitably, the analyst mentioned.
“AI-driven micropayments utilizing stablecoins are beginning to reveal that the ‘order of magnitude’ value discount on Solana can allow completely new markets to develop,” Kendrick wrote within the be aware, however he cautioned that attaining scale in these rising sectors “might take time.”
Solana's long-term forecast
Normal Chartered expects Solana to underperform Ethereum by means of 2027 earlier than catching up as micropayment markets mature.
The analyst maintained the view that Solana will outperform Bitcoin all through the forecast horizon by means of 2030, although the token faces a difficult near-term outlook as new use instances develop at scale.
The financial institution mentioned 47% of Solana’s 2025 “GDP”—charges paid to on-chain apps—got here from DEXs dominated by meme coin buying and selling, however that share has been falling by means of 2025 after peaking across the Trump meme coin launch, citing Token Terminal information.
Kendrick famous that Solana is "now not buying and selling as low cost" on Normal Chartered's market cap-to-GDP valuation metric, which the financial institution likens to a price-to-earnings ratio for digital belongings.
"We suspect this displays the shift in Solana's DEX exercise combine from a memecoin focus to SOL-stablecoin pairs," he wrote, including that "if extra SOL-stablecoin exercise takes place on Solana through micropayments, this may end in the next SOL worth."
On Myriad, a prediction market owned by Decrypt’s guardian firm Dastan, customers level to a larger than 90% likelihood that Solana doesn’t attain a brand new worth peak earlier than July 1.
