Jeff Kendrick of Standard Chartered predicts that if Donald Trump wins the US presidential election, the price of solanum could rise fivefold by the end of 2025.
If Kamala Harris wins, Kendrick expects #bitcoin to overtake ether, which in turn will overtake solanum.
Based on current prices and the possible consequences if Donald Trump wins the US presidential election, Jeff Kendrick of Standard Chartered predicts that by the end of 2025, the price of #solana will increase fivefold, the price of ether fourfold and the price of bitcoin threefold.
Overall, compared to current prices under the Trump administration, I forecast the following multiples by the end of 2025:
5x, ETH 4x, #BTC 3x, Standard Chartered's global head of digital asset research said in a note on Tuesday.
He also expects that if Kamala Harris becomes president, bitcoin will outperform Ether, which in turn will outperform Solana. He adds: In dollar terms, in a scenario where Kamala Harris becomes president, we expect #Ethereum to reach the $7,000 level by the end of 2025.
Kendrick expects bitcoin to rise to $200,000 by the end of 2025, regardless of the outcome of the Nov. 5 election.
G Mr. Kendrick named specific conditions necessary for Soran's bitcoin valuation prediction to come true. He believes the Trump administration will be more favorable to the Solan ecosystem than the Harris administration. Under a Trump presidency, the likelihood of Solana exchange-traded funds (ETFs) will increase.
With an expected 100-400x capacity expansion, the market is factoring in Solana's very positive growth prospects.
Mr. Kendrick emphasized that a significant increase in network capacity will be required to achieve Solana's projected value. To support these ambitious projections, Mr. Kendrick noted the need to implement Firedancer, a new client software for third-party validators designed to increase Solana's efficiency.
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