Solana (SOL) could reach $250 by the end of 2026, a new forecast from Standard Chartered suggests, as the network’s on-chain activity accelerates and broader market sentiment improves for digital assets.
"Improving macro sentiment and accelerating on-chain growth bolster the case for a renewed risk-on cycle," the global investment bank said in a note published on April 18, 2026.
The bank's analysis points to a stabilization in global risk appetite, partly driven by the recent reopening of the Strait of Hormuz, which has eased geopolitical tensions. While Standard Chartered did not provide specific on-chain data, growth in the Solana ecosystem is often measured by metrics like Total Value Locked (TVL) in its DeFi protocols and daily active user counts, which have been a focus for analysts watching competitors like Ethereum (ETH).
A $250 price target from a major financial institution like Standard Chartered provides a significant vote of confidence for Solana. This could pave the way for increased institutional capital allocation into both SOL and its ecosystem tokens, potentially affecting the valuation of major Solana-based projects such as the oracle network Pyth (PYTH) and the decentralized exchange aggregator Jupiter (JUP).
The bullish projection comes at a time when the so-called "Solana Trade" has become a popular narrative among crypto investors, focusing on the network's high transaction speeds and low costs relative to other blockchains. The chain's ability to handle high throughput has made it a hub for decentralized finance (DeFi) and non-fungible token (NFT) activity.
Standard Chartered's forecast stands out as one of the more optimistic calls from a traditional finance player, lending credibility to a space often seen as volatile and speculative. The report's emphasis on on-chain growth aligns with how crypto-native investors evaluate blockchain projects, suggesting a deepening understanding of the asset class within established institutions.
This article is for informational purposes only and does not constitute investment advice.