{"id":139457,"date":"2024-10-12T08:00:00","date_gmt":"2024-10-12T05:00:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139457"},"modified":"2024-10-12T01:09:39","modified_gmt":"2024-10-11T22:09:39","slug":"solana-sol-price-prediction-by-standard-chartered","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solana-sol-price-prediction-by-standard-chartered\/","title":{"rendered":"Solana (SOL) Price Prediction by Standard Chartered"},"content":{"rendered":"<p>According to Standard Chartered\u2019s Geoff Kendrick, the price of <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">SOL<\/a> <\/strong>could multiply by four, reaching $560 by the end of 2025, but there are several key factors that could influence this outcome.<\/p>\n<p>One significant aspect is the 2024 U.S. election, where Kendrick suggests a Trump victory could boost Solana\u2019s chances of success, potentially leading to the approval of a SOL ETF. Even under a different administration, Kendrick still expects substantial growth, though at a slower pace.<\/p>\n<p>Technological developments also play a crucial role. A new validator client called Firedancer, being developed by Jump Crypto, could dramatically increase Solana\u2019s transaction capacity from its current level of 3,200 transactions per second (TPS) to over 600,000 TPS.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-139415\" href=\"https:\/\/cryptodnes.bg\/en\/top-trader-issues-dire-warning-on-bitcoins-price\/\" title=\"Top Trader Issues Dire Warning on Bitcoin&#8217;s Price\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/peter-brandt-is-bullish-on-btc-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Top Trader Issues Dire Warning on Bitcoin&#8217;s Price<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This upgrade is seen as essential for supporting future price growth, although it faces challenges and competition from faster blockchains like <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">Sui<\/a> <\/strong>and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/aptos\/\">Aptos<\/a><\/strong>.<\/p>\n<p>In addition to these technical advancements, Solana must expand its user base to maintain its upward trajectory. Its collaboration with Visa and growing adoption of decentralized applications could drive further engagement. Solana\u2019s market cap-to-fee ratio, which currently outpaces Ethereum\u2019s, signals that investors may be anticipating significant future gains for the network.<\/p>\n<p><em><strong><a href=\"https:\/\/news.bitcoin.com\/solana-could-surge-400-under-trump-presidency-standard-chartered-predicts\/\" rel=\"nofollow\">Source<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) has seen an impressive recovery, skyrocketing 900% since the collapse of FTX in 2022.<\/p>\n","protected":false},"author":7,"featured_media":100318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,424,294,271,108,266,372,122,70],"coin_category":[],"class_list":["post-139457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-crypto","tag-etf","tag-ethereum","tag-price","tag-solana","tag-sui","tag-trump","tag-visa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solana (SOL) Price Prediction by Standard Chartered<\/title>\n<meta name=\"description\" content=\"Solana (SOL) has seen an impressive recovery, skyrocketing 900% since the collapse of FTX in 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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