The latest research from Standard Chartered reveals that Solana (SOL) could see substantial growth in its valuation if former President Donald Trump wins the election against Vice President Kamala Harris.
According to the report, a Trump administration would be more supportive of the rise of Solana than that of Ethereum (ETH). The bank’s report claims that political changes in Washington could significantly influence the trajectory of major digital assets in the years to come.
The report, authored by Geoffrey Kendrick, head of crypto research at StanChart, examines the potential impact of a Trump or Harris presidency on the crypto market, particularly focusing on the future of SOL and ETH.
It highlights the important role that U.S. regulatory policy plays in shaping the future of digital assets. While SOL and ETH are both poised for growth, the political landscape could either accelerate or hinder their respective trajectories.
Either way, Kendrick expects both cryptocurrencies to outperform Bitcoin (BTC) in the coming years, marking a potential shift in the blockchain space where altcoins take the lead.
SOL’s potential under Trump
Standard Chartered predicts that under Trump’s presidency, Solana could experience a valuation boom due to its superior transaction processing speed and increased throughput.
The report predicts that SOL could increase 100 to 400 times its current value over the next few years, reaching $10,000.
Kendrick’s analysis attributes this potential surge to an innovation-friendly regulatory landscape that Trump is expected to foster, allowing emerging technologies like Solana to capitalize on a more flexible market environment.
According to the report:
“Trump’s policies would likely enable faster growth and easier regulatory pathways for blockchain platforms like Solana. In this scenario, SOL is expected to outperform ETH and even Bitcoin, cementing its place as the dominant force in the blockchain sector.
In addition to SOL’s potential growth, Standard Chartered predicts that SOL and ETH could surpass Bitcoin in market performance by 2025, signaling a major shift in the hierarchy of top cryptocurrencies.
The strength of ETH under Harris
Conversely, a Harris administration would likely take a more cautious approach to crypto regulation, which would benefit Ethereum.
The report predicts that ETH could outperform SOL in such a scenario, with the price climbing to $18,000 by 2026, compared to an estimated $7,000 for SOL by the end of 2025.
Kendrick’s analysis suggests that Harris would introduce stricter regulatory frameworks, which could slow innovation for new blockchain platforms like Solana, while benefiting Ethereum due to its established presence and institutional adoption.
According to the report, Ethereum would likely benefit from greater stability and sustained growth in a more regulated market due to its broader ecosystem and recognized role in DeFi.
The report added:
“The regulatory environment under Harris would likely slow down the most speculative and high-growth projects, but Ethereum’s established infrastructure could benefit from clearer and stricter rules.”
