Standard Chartered: Solana’s Price Could Rise 5x

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According to Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, if Donald Trump is elected as the US president, Solana’s price could increase by five times, while Ether could rise four times and Bitcoin could triple in value by the end of 2025.

His prediction is based on current market prices and the potential impact of a Trump presidency on the cryptocurrency market.

If Kamala Harris is elected, Kendrick believes that Bitcoin will perform better than Ether, which will in turn perform better than Solana.

In this scenario, he expects Ethereum to reach $7,000 by the end of 2025 and Bitcoin to reach $200,000, regardless of the election outcome on Nov. 5.

Kendrick also mentioned that a Trump administration would be more favorable for the Solana ecosystem and could potentially lead to the introduction of a Solana exchange-traded fund (ETF).

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.