If Trump Re-Elected, Solana Will Outpace Ethereum, Bitcoin By 2025: Standard Chartered

Solana (SOL) is expected to produce better results Ethereum (ETH), and ETH to do more Bitcoin (BTC) By 2025, according to Britain's National Bank Standard Chartered, if Donald Trump wins the US presidential election, the price of SOL will increase by five times.

Geoffrey Kendrick, global head of digital assets research at Standard Chartered, said he expects bitcoin to reach $200,000 by the end of 2025, regardless of who wins, with a particular focus on Solana and Ethereum, introducing new valuation metrics for Layer-1 blockchains. The choice.

According to Kendrick, Solana is currently overvalued compared to Ethereum on all backward-looking metrics.

“Based on the market cap-to-payout ratio, SOL is valued at 250x, versus 121x for ETH,” Kendrick said in a note to Decrypt. This high valuation indicates a market environment with high growth expectations for Solana, which will increase production volume by 100-400x in the coming years.

Kendrick emphasized the potential impact of the US presidential election on these estimates, saying, “This rich estimate of a 100-400X increase on Solana (over the next several years) seems more reasonable under Trump (as the Trump administration will be more friendly to the overall digital asset ecosystem). .

Kendrick outlined various scenarios based on the election results, saying “SOL to outperform ETH and ETH to BTC in 2025, all boats are rising at different (faster) speeds” if Trump wins. . According to the report, under a Trump presidency by the end of 2025, SOL could see a 5x increase from current prices, ETH a 4x increase, and BTC a 3x increase.

However, the outlook will change under the management of Kamala Harris. “Under Harris, we expect BTC to surpass ETH and ETH to surpass SOL by 2025,” Kendrick said.

While providing some price targets for Ethereum, Standard Chartered has stated that it now sees Ethereum hitting $10,000 under Trump and $7,000 under Harris.

Edited by Grave.