Solana cryptocurrency could rally 400% if Trump wins election, Standard Chartered says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
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Source: CNBC
Solana's Potential Under Trump: Standard Chartered predicts that if Donald Trump wins the U.S. election, Solana could see a 400% increase by 2025, outperforming both Bitcoin and Ether due to a more supportive regulatory environment for cryptocurrencies.
Comparative Outlook with Harris: If Vice President Kamala Harris becomes president, Bitcoin is expected to outperform Ether, which in turn will outperform Solana, indicating a less favorable outlook for Solana under a Harris administration.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
