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Standard Chartered: If Trump wins, Solana's performance will surpass Ethereum and BTC by 2025
BlockBeats news, on October 8th, according to the forecast of the British multinational bank Standard Chartered Bank, by 2025, Solana (SOL) will outperform Ethereum (ETH), while ETH will outperform BTC (BTC). Standard Chartered Bank predicts that if Trump wins the US presidential election, the price of SOL will pump five times. Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, introduced a new valuation index for Layer 1 blockchains, especially focusing on Solana and Ethereum, and he also stated that regardless of who wins the election, he expects BTC to reach $200,000 by the end of 2025. Kendrick stated that based on all review indicators, Solana's current valuation is higher than that of Ethereum. He provided specific price targets for Ethereum, stating that Standard Chartered Bank now expects ETH to reach around $10,000 during Trump's tenure and $7,000 during Harris's tenure.