Solana’s $250 Forecast Faces Doubts

📉

Text:

Solana came under selling pressure on October 9, with SOL briefly falling to around $106 before recovering toward $110. The token lost approximately 4% over 24 hours. Despite the decline, Standard Chartered maintains its forecast that Solana could reach $250 by the end of 2026. From a price near $110, that target would require more than a 100% gain in less than three months. The bank previously lowered its year-end forecast from $310 to $250. Analysts see stablecoin transfers and micropayments as potential drivers of Solana’s longer-term growth. In the near term, the $105–110 area remains important: a sustained break below it could increase selling pressure. Track the latest SOL exchange rate on xbit.money and choose a suitable time to exchange.

Source: https://coinpaper.com/37049/standard-chartereds-250-solana-forecast-faces-a-reality-check

Tags: