 
 
British multinational financial institution Commonplace Chartered has lowered its end-2026 Solana value goal, whereas elevating long-term forecasts, noting that the blockchain is about to evolve past its memecoin-dominated exercise towards micropayments and stablecoin transactions.
$2,000 SOL By 2030 Regardless of 50% Decline
In a Tuesday notice, Geoffrey Kendrick, the International Head of Digital Belongings Analysis at Commonplace Chartered, slashed his year-end forecast for Solana to $250 from $310, citing the time required for the community’s subsequent dominant use case to develop.
On the identical time, Kendrick raised projections for subsequent years, seeing a path to $2,000 by end-2030.
The revised outlook comes as Solana adjustments palms at round $98.33, down 22.4% over the past seven days and over 50% year-to-date, per information from CoinGecko, a dramatic decline from its all-time excessive of $293.31 set in January 2025 following the debut of President Donald Trump’s Official Trump (TRUMP) meme coin on the community.
Solana Evolving Past Its “One-Trick Pony” Picture
Kendrick famous that Solana is transferring from “memecoins to micropayments”. Final 12 months, roughly half of Solana’s protocol charges originated from memecoin buying and selling on decentralized exchanges. Nevertheless, the information now sign a shift in buying and selling flows—from meme tokens to SOL-stablecoin pairs —suggesting that the blockchain is “not a one-trick pony.”
 
“A deeper dive into circulation sorts on Solana DEXs, nevertheless, reveals that together with the decline in transaction volumes, the combo of flows on DEXs has shifted from memecoin buying and selling in the direction of SOL-stablecoin pairs,” Kendrick wrote, including that if it’s sustained, “this might recommend {that a} new sector is opening up for Solana in a post-memecoin world.”
General, the financial institution expects Solana to underperform Ethereum by means of 2026 and 2027, earlier than steadily catching up because the micropayments use case scales. Over the long run, the financial institution expects SOL to outperform Bitcoin between 2027 and 2030.
Commonplace Chartered’s revised targets now undertaking SOL will attain $400 by the tip of 2027, $700 by the tip of 2028, and $1,200 by the tip of 2029.
