Solana

expected to underpoint Ether for the next two to three years, Investment Bank Standard Chartered (Stan) said in a research report Tuesday that initiated the coverage of cryptocurrency.

The bank expects the Ether/Solana relationship to rise from 14 currently to 17 by the end of 2027 before falling off again.

For Solana “this is translated into forecasts of $ 275 at the end of 2025 (from the current level of $ 175) and $ 500 of the end-20129,” wrote Geoff Kendrick, head of Digital Assets Research at Standard Chartered.

Solana is the selected blockchain for Memecoin trading, but because of the volatility associated with the sector, the token is cheap in relation to its application revenue, the bank noted.

Memecoin activity on Solana also seems to be “past its peak,” the bank said, adding that “falling use and trade ‘cheap’ is not a good mix.”

Cryptocurrency should dominate future sectors with high quantities, low fees and fast transaction times, such as economic and traditional consumer apps, but reaching scale in these areas can take years, the report added.

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