Standard Chartered lowers Solana's 2026 price target to $250, but raises its long-term forecast
From tradersunion.com
The ongoing cryptocurrency sell-off is forcing analysts to revise their price targets for leading digital assets, taking into account structural changes within their ecosystems. In a report published Tuesday, Geoffrey Kendrick, Head of Global Digital Assets Research at Standard Chartered, lowered his end-2026 price target for SOL to $250 from $310. At the same time, Kendrick said the sell-off has created a buying opportunity, adding that the current downturn marks the early stages of greater performance differentiation across the crypto sector. According to the report, Solana is evolving “from memecoins to ...
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