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Solana Price Prediction by Standard Chartered

  • Standard Chartered Bank projects SOL to rise from $175 to $500 by 2029 with a bullish outlook.
  • Solana may underperform Ethereum in the short term due to its reliance on memecoin trading activity.
  • Solana dominates memecoin trading, but concerns arise about sustainability as markets anticipate future earnings decline from this trend.
  • Despite concerns of limited diversification, Standard Chartered Bank remains optimistic about Solana's long-term value and potential price appreciation.

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