Solana Price Set to Hit $2,000 by 2030 Despite $100 Dip, Says Report

TLDR

• Solana’s price has recently fallen to $100, but Standard Chartered maintains a positive long-term outlook.
• Kendrick Geoffrey revised Solana’s price target for 2026 to $250, down from $310.
• Despite the revision, Geoffrey projects Solana’s price could reach $2,000 by 2030.
• Solana is seeing a shift in network activity from meme coins to stablecoin trading pairs.
• Stablecoin turnover on Solana now outpaces Ethereum, indicating a move toward high-frequency transactions.

Solana’s price has recently dropped to $100, but Standard Chartered remains optimistic about its future. The bank’s head of crypto research, Kendrick Geoffrey, revised his 2026 price target for Solana to $250 from $310. Despite this adjustment, Geoffrey sees long-term potential, projecting the price to reach $2,000 by 2030, driven by Solana’s growing role in digital payments and stablecoin-based micropayments.

Solana Price Forecast Revised, But Optimism Remains

Solana’s price has experienced a sharp decline, dropping to around $100. This move prompted Kendrick Geoffrey to revise his previous price prediction, lowering it to $250 by the end of 2026. However, Geoffrey remains confident in Solana’s potential, citing its unique capabilities and technological strengths in digital payments.

The revised price target reflects a more cautious view due to recent market conditions. Yet, Geoffrey still holds an optimistic long-term outlook, projecting a rise to $2,000 by 2030. He attributes this potential growth to Solana’s expanding role in stablecoin-based micropayments, where it is gaining traction over Ethereum.

Solana’s Shift From Memecoins to Stablecoin Transactions

Standard Chartered notes a clear shift in Solana’s network activity. In 2025, nearly half of Solana’s protocol fees came from meme coin trading on decentralized exchanges. However, the most recent data shows a significant move away from meme tokens and towards Solana-stablecoin trading pairs.

This shift signals that Solana is moving beyond its previous reputation as a memecoin platform. Stablecoin turnover on Solana now surpasses that of Ethereum, indicating that the network is handling high-frequency, low-cost transactions. This development marks the beginning of a new phase for Solana, positioning it as a crucial player in the world of digital payments.

Solana’s low transaction fees make it an ideal platform for micropayments, which are challenging to implement with traditional finance systems. Platforms like x402, created by Coinbase, use Solana’s network to facilitate micro-sized, AI-driven payments. These transactions, which average just six cents, highlight Solana’s capacity for small, frequent payments at a fraction of the cost of competitors.

The growing institutional interest also plays a role in Solana’s upward trajectory. Since October 2025, the Bitwise BSOL ETF has absorbed 78% of all net inflows into Solana-related ETFs. This has resulted in over 1% of Solana’s total supply being managed through ETFs, a clear sign of confidence from institutional investors.

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