Standard Chartered: If Trump is elected President of the United States, the price of Solana could increase fivefold by the end of 2025

2024-10-08 23:06:00
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According to ChainCatcher news reported by The Block, based on current prices and the potential impact of Donald Trump's victory in the U.S. presidential election, Standard Chartered's Head of Global Digital Asset Research, Geoff Kendrick, predicts that by the end of 2025, the price of Solana could increase fivefold, Ethereum could rise fourfold, and Bitcoin's value could triple.

He also stated that if Harris becomes president, he expects Bitcoin to outperform Ethereum, which in turn will outperform Solana. He added, "In dollar terms, we expect Ethereum's price to reach $7,000 by the end of 2025 under a Harris presidency." Regardless of the election results on November 5, Kendrick expects Bitcoin's price to rise to $200,000 before the end of 2025.

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