Standard Chartered Sees Solana Shifting Beyond Memecoins Toward Payments

LiveBTCNews
SOL1,41%
ETH2,46%
  • Standard Chartered set SOL $250 target for 2026 and $2,000 forecast for 2030.
  • Solana stablecoin turnover is 2–3x higher than Ethereum, per report data.
  • Bank links Solana growth to low fees and shifts toward payment use cases.

Standard Chartered has revised its Solana outlook as blockchain usage shifts across different applications. The bank now links SOL’s future value more closely with payment activity and stablecoin transfers.

It also reduced its near-term price target while keeping a higher long-term forecast. The report focuses on how network usage is changing beyond trading and memecoin-driven demand.

Solana Moves Beyond Memecoin Activity

Standard Chartered reports that Solana is shifting away from memecoin driven activity. The network now shows more use in stablecoin transfers and payments. This change reflects broader user behavior on the chain.

According to CryptosRus The ~$1T bank says $SOL is evolving from memecoin trading to stablecoin micropayments, with ultra-low fees enabling high-frequency use. This view connects lower costs with more frequent transactions. It also links network speed with payment growth.

STANDARD CHARTERED TARGETS $250 SOL — SHIFT BEYOND MEMECOINS 🔥

The ~$1T bank says $SOL is evolving from memecoin trading to stablecoin micropayments, with ultra-low fees enabling high-frequency use.

Stablecoin activity in Solana is already 2-3x faster than Ethereum, signaling… pic.twitter.com/e0wEWww6GU

— CryptosRus (@CryptosR_Us) April 10, 2026

Memecoin trading still exists on Solana. However, its share in total activity is now lower. At the same time, payment related activity is increasing across the network.

Developers and users are also exploring more stablecoin based tools. These tools support faster and cheaper transfers. As a result, usage patterns continue to shift over time.

Stablecoin Usage Gains Traction

Stablecoin movement on Solana is rising at a faster rate than on Ethereum. The report states turnover is about two to three times higher. This shows more frequent transfer activity on the network.

Lower transaction costs support this trend. Users can send small amounts without high fees. Therefore, repeated transfers become more practical.

In addition, fast settlement times support daily use. Payments can clear quickly across wallets. This helps stablecoins function in real time use cases.

More users are also holding stablecoins on Solana. This creates steady on-chain activity. It also supports growth in payment related services.

Bank Sets Price Targets for SOL

Standard Chartered has set a price target of $250 for SOL by the end of 2026. This is lower than its earlier estimate of $310. The revision reflects updated market conditions.

The bank also projects a longer term target of $2,000 by 2030. This forecast depends on continued growth in network usage. It also assumes stronger stablecoin adoption.

Big banks finally spotting Solana’s real edge! 🚀

Standard Chartered just set a $250 SOL target for end-2026 (down from $310) but eyes $2,000 by 2030 – as the network shifts from memecoins to stablecoin micropayments powered by ultra-low fees + high throughput.

Stablecoin…

— BitcoinWorld Media (@ItsBitcoinWorld) April 10, 2026

Market expectations are tied to real transaction demand. Therefore, user activity plays a key role in valuation. Both retail and institutional flows are considered in the outlook.

Price movement may also depend on network performance. Stability and speed remain important for adoption. These factors influence confidence in long term usage.

Payment Use Cases Drive Network Growth

Solana’s design supports high transaction speed and low fees. This makes it suitable for micropayments. It also supports frequent digital transfers.

Stablecoin payments are becoming more common on the network. These include small commerce payments and remittances. As a result, daily usage continues to grow.

In addition, businesses are testing blockchain based payment systems. These systems rely on fast settlement times. They also require low cost transfers for scale.

Network upgrades continue to support higher demand. Developers focus on improving reliability and throughput. This helps maintain performance under heavier usage.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Foundation Supports Aave with USDT Contribution

The Solana Foundation announced it will contribute USDT to the Aave platform for the first time as part of recovery efforts following the KelpDAO-related rsETH crisis in the DeFi ecosystem. Lily Liu, President of the Solana Foundation, stated that this support aims to strengthen both Aave and the

CryptoFrontier14m ago

Solana Eyes $87 Breakout as Bullish Signals Strengthen

Solana sits near key resistance around $87 as on-chain activity and positive funding buoy bullish momentum; whale-led demand in derivatives supports a potential breakout. RSI >50 and positive MACD indicate rising upside, with a path toward $92–$97 and support near $77.

CryptoNewsLand46m ago

Solana Price Holds Range as $90 Resistance Caps Breakout

Key Insightsthe price Solana trades between $85 and $86 after a pullback, while an ascending channel pattern supports bullish structure with strong demand near support levels. Momentum indicators, including MACD and Aroon, suggest strengthening buying pressure, reinforcing expectations of a

CryptoNewsLand2h ago

Solana Spot ETF Sees $1.17M Net Outflow as FSOL Records Inflows

Gate News message, April 26 — Solana spot ETFs recorded net outflows of $1.1736 million yesterday (April 24), according to SoSoValue data. The total assets under management for SOL spot ETFs reached $883 million as of reporting time, with a net asset ratio of 1.77% and cumulative net inflows of $1.0

GateNews9h ago

Solana Meme Coin Memecoin Breaks $12.23M Market Cap, Surges 37.3% in 24 Hours

Gate News message, April 26 — Memecoin, a Meme token on Solana, has surged 37.3% over the past 24 hours and breached a market capitalization of $12.23 million today, according to on-chain data monitoring. BlockBeats notes that Meme coin trading carries substantial volatility and is largely driven b

GateNews13h ago

Solana Eyes $87 Breakout as Bullish Signals Strengthen

Solana sits near key resistance around $87 as on-chain activity and positive funding buoy bullish momentum; whale-led demand in derivatives supports a potential breakout. RSI >50 and positive MACD indicate rising upside, with a path toward $92–$97 and support near $77.

CryptoNewsLand04-25 18:36
Comment
0/400
No comments