$SOL
🚨Solana Price Trend; Is A Rally Imminent?🚨
Concurrently, earlier in May, CoinGape noted that SOL Strategies and DeFi Dev Corp had amassed more than 200,000 Solana tokens in transactions arriving to around $29.4 million.
Amid this acquisition strategy, analysts at Standard Chartered forecast that Solana’s price could reach $275 by the end of 2025, up from the current price near $177.35. They also project a possible increase to $500 by the end of 2029, marking a long-term growth expectation.
However, despite this bullish outlook, Standard Chartered expects Solana to underperform Ethereum in the next two to three years. The bank projects the Ethereum-to-Solana price ratio to rise from 14 to 17 by the end of 2027 before declining afterward.
