Standard Chartered Cuts Near-Term Solana Forecast to $250, Projects $2,000 by End-2030
[Para 1: The Lead] Standard Chartered has revised its short-term Solana (SOL) price target to $250 from $310, projecting the token to reach $2,000 by end-2030, reflecting a shift in its blockchain's role from meme coin dominance to micropayments and stablecoin transactions, as of 03 February 2026. [Para 2-3: Supporting details & Context] The bank attributes the revised outlook to increased activity in SOL-stablecoin pairs, which are turning over two to three times faster than stablecoins on Ethereum, according to research by Geoff Kendrick. Kendrick forecasts SOL to hit $400 by end-2027, $700 by end-2028, and $1,200 by end-2029, up from previous targets. The new end-2030 target marks the first long-term projection by Standard Chartered for Solana. The analyst predicts Solana will outperform Bitcoin through 2030 as micropayment markets mature, despite near-term challenges.