Solana SOL is expected to underperform ether ETH over the next two to three years, investment bank Standard Chartered (STAN) said in a research report Tuesday initiating coverage of the cryptocurrency.

The bank expects the ether/solana ratio to increase from 14 currently to 17 by the end of 2027, before falling off again.

For solana, "this translates into forecasts of $275 at end-2025 (from the current level of $175) and $500 by end-2029," wrote Geoff Kendrick, head of digital assets research at Standard Chartered.

Solana is the blockchain of choice for memecoin trading, but due to the volatility associated with the sector the token trades cheap relative to its application revenue, the bank noted.

Memecoin activity on Solana also appears to be "past its peak," the bank said, adding that "declining usage and trading 'cheap' are not a good mix."

The cryptocurrency should dominate future sectors with high volumes, low fees and fast transaction times, such as financial and traditional consumer apps, but reaching scale in these areas could take years, the report added.

Read more: True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。