Bitcoin, Ethereum, and Solana Price Predictions from Standard Chartered

Standard Chartered's Jeff Kendrick predicts a significant increase in the prices of major cryptocurrencies by the end of 2025, especially in the context of the upcoming US presidential election.

He recently said that if Donald Trump wins the presidential election, the price of Solana could increase fivefold, Ethereum fourfold and Bitcoin threefold.

Kendrick also noted that if Kamala Harris becomes president, Bitcoin is expected to outperform Ethereum, which will outperform Solana. In this scenario, he thinks that Ethereum could reach the $7,000 mark by the end of 2025, while Bitcoin could rise to $200,000, regardless of the outcome after the November 5 election.

Kendrick stressed that the Trump administration is likely to be more supportive of the Solana ecosystem than the Harris administration. He pointed out that the introduction of a Solana exchange traded fund (ETF) would be more likely under Trump.

For the Solana prediction to become a reality, he stressed the need to significantly increase network throughput, with expectations of 100 to 400 times growth.

Kendrick also emphasized that Solana needed to establish dominance in various sectors, including finance and decentralized infrastructure, that required high transaction throughput.