The latest research from Standard Chartered suggests that Solana (SOL) could see significant valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. The bank’s report, authored by Geoffrey Kendrick, analyzes the potential impact of a Trump or Harris presidency on the crypto market, specifically focusing on the future of SOL and Ethereum (ETH). Kendrick predicts that under a Trump administration, Solana could experience a valuation boom due to its transaction processing speed and increased throughput, potentially rising by 100x to 400x from its current value and reaching $10,000.
Standard Chartered forecasts that in a Trump presidency, Solana could benefit from a pro-innovation regulatory landscape, allowing emerging technologies like Solana to thrive in a more flexible market environment. The report suggests that SOL could outperform ETH and even Bitcoin in this scenario, solidifying its position as a dominant force in the blockchain space. Additionally, Kendrick predicts that both SOL and ETH could surpass Bitcoin in terms of market performance by 2025, indicating a shift in the hierarchy of leading cryptocurrencies.
On the other hand, a Harris administration would likely take a more cautious approach to crypto regulation, which could benefit Ethereum. The report anticipates that ETH could outperform SOL under a Harris presidency, with its price potentially reaching $18,000 by 2026 compared to SOL’s estimated $7,000 by the end of 2025. Kendrick suggests that stricter regulatory frameworks introduced by Harris could slow down innovation for newer blockchain platforms like Solana but benefit Ethereum due to its established presence and institutional adoption.
In Kendrick’s analysis, Ethereum would likely experience more stability and sustained growth under a more regulated market environment due to its broader ecosystem and recognized role in decentralized finance (DeFi). The report suggests that while a Harris administration may slow down speculative and high-growth projects, Ethereum could benefit from clearer and more stringent rules. Overall, the report from Standard Chartered highlights the potential impact of US regulatory policy on the future trajectory of digital assets like Solana and Ethereum, offering insights into potential valuation growth under different political scenarios.
