Standard Chartered Sticks with Ethereum Over Solana Prediction

Standard Chartered's digital assets research head Geoffrey Kendrick has made a prediction that Ethereum will outperform Solana during the next 12 months. This forecast was initially made in May 2025, when Kendrick predicted that one Ether would buy roughly 17 Solana coins by 2028, up from 14 at the time.

The bank reaffirmed this position at a conference in July and currently expects Ethereum to outperform Solana due to the expectation that Solana will struggle to scale up during the next year or so. However, the crypto bear market has made optimistic predictions significantly more difficult than last year's bull market.

Standard Chartered recently cut its end-2026 Solana target from $310 to $250 and then again to $135. It also slashed its price target for Ethereum, from $7,500 to $4,000. The bank is now effectively predicting that Ethereum will almost double in value during the next 12 months, while Solana rises by 57%.

Both Ethereum and Solana are currently debating whether to change foundational rules about how their tokenomics and staking economics work. Both chains are developing major upgrades, with Ethereum's developers pushing back the launch date of its Glamsterdam upgrade to the fourth quarter of 2026. If implemented, these proposals could route value toward holders and away from stakers.