Customary Chartered has lowered its end-2026 worth goal for Solana to $250, down from $310, whereas leaving its longer-dated trajectory intact. The financial institution’s roadmap nonetheless factors to $2,000 by 2030 because the financial institution argues the chain’s exercise combine is rotating away from memecoin-led buying and selling towards stablecoin-based micropayments.
The revised forecast comes because the financial institution’s digital belongings analysis group frames the present drawdown as a interval when “efficiency differentiation” throughout crypto ought to turn into extra seen, relatively than a tape the place every thing trades as a single threat bucket.
Why Customary Chartered Lowers The 2026 Solana Goal, Boosts Lengthy View
Behind the 2026 haircut is a extra skeptical view on how shortly Solana can convert its value and throughput benefits into sustained, fee-generating financial exercise past speculative bursts. In Customary Chartered’s telling, Solana is in the course of a story transition that’s strategically enticing however not instantaneous in market phrases.
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Geoffrey Kendrick, Customary Chartered’s head of world digital belongings analysis, anchored the shift in decentralized trade (DEX) circulate composition. “Once we initiated protection of Solana in Might 2025, we noticed that exercise on the community was largely concentrated in memecoin buying and selling on DEXs.” “Composition of DEX flows has shifted from memecoin buying and selling towards SOL–stablecoin pairs.”
That rotation, Kendrick argued, accelerated over 2025 as capital moved away from meme-focused exercise which he mentioned peaked in mid-January across the launch of the Trump token and towards tokenized {dollars}. The implication is that Solana’s DEX exercise is starting to resemble a payments-adjacent rail greater than a single-cycle on line casino, even when general volumes have cooled.
Customary Chartered additionally flagged Solana’s ultra-low transaction prices as a key enabler for “micropayment” use instances, together with AI-driven funds, the place even modest price overhead can break unit economics.
One of many extra putting metrics within the report is stablecoin turnover: Kendrick mentioned stablecoin velocity on Solana is already two to 3 occasions greater than on Ethereum, suggesting Solana could also be carving out a definite position for high-frequency, low-value transfers.
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The financial institution tied that risk to “internet-native” fee protocols equivalent to Coinbase-backed x402, whereas cautioning that the repositioning will take time to translate into market management.
That slower timeline is a part of why Customary Chartered expects Solana to lag Ethereum within the 2026–2027 window, even because the financial institution turns into extra constructive on Solana’s longer-run upside if micropayment demand compounds.
Regardless of trimming the 2026 goal, Customary Chartered’s longer-term schedule stays aggressive: $400 in 2027, $700 in 2028, $1,200 in 2029, and $2,000 by end-2030, in line with reporting by The Block. The financial institution’s framework implies that Solana’s “micropayments” part is anticipated to matter extra because the cycle matures, with Kendrick additionally projecting Solana to outperform Bitcoin over 2027–2030.
At press time, SOL traded at $96.93.
Featured picture created with DALL.E, chart from TradingView.com
