According to British multinational bank Standard Chartered, Solana (SOL) is predicted to outperform Ethereum (ETH) in 2025, ETH is predicted to outperform Bitcoin (BTC), and Donald Trump If he wins the US presidential election, he predicts that the price of SOL will increase five times.
Jeffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, introduces new valuation metrics for layer 1 blockchains with a particular focus on Solana and Ethereum, and says that regardless of who wins, Bitcoin said it expects to reach $200,000 by the end of 2025. election.
According to Kendrick, Solana is currently valuing significantly higher than Ethereum across all backward-looking metrics.
“Based on market cap to fee ratio, SOL is valued at 250x compared to ETH’s 121x,” Kendrick said in a note to Decrypt. This high rating signals market expectations for significant growth for Solana, with throughput expected to increase 100-400x over the next few years.
Highlighting the potential impact of the US presidential election on these valuations, Kendrick said, “To achieve this rich valuation, Solana’s throughput would need to increase by 100-400x (over the next few years). “There is a need, but this seems to make more sense under the Trump administration than it did under Harris[as President Trump].” management becomes friendlier to the entire digital asset ecosystem).
In his analysis, Kendrick said that if Trump wins, “SOL will surpass ETH in 2025, ETH will surpass BTC, and rise at any (rapid) pace.” Outlined the scenario. . The report suggests that under President Trump, SOL could rise 5x from its current price, ETH 4x, and BTC 3x from its current price by the end of 2025.
But under Kamala Harris, the outlook changes. “Under Harris, BTC will outperform ETH and ETH will outperform SOL in 2025,” Kendrick predicted.
Kendrick gave specific price targets for Ethereum, saying that Standard Chartered currently sees Ethereum reaching levels of around $10,000 under the Trump administration and around $7,000 under the Harris administration. .
https://decrypt.co/author/stephen”>Edited by Stephen Graves.
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