%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment British bank Standard Chartered (STAN) is forecasting a 55% increase in the price of cryptocurrency %Solana (CRYPTO: $SOL ) by year's end. Analysts at Standard Chartered expect Solana's price to hit $275 U.S. by the end of 2025, up sharply from $178.77 U.S. currently. Furthermore, Standard Chartered says that Solana's price could reach $500 U.S. by the end of 2029, which would be an increase of 180% from current levels. Despite the strong outlook, the analysts say that Solana is likely to continue underperforming %Ethereum (CRYPTO: $ETH ) over the next two to three years. The bank says that the Ethereum-to-Solana ratio is forecast to increase from 14 currently to 17 by the end of 2027, before declining. The outlook for Solana comes as Standard Chartered initiates coverage of the fast-growing %Cryptocurrency. The evaluation of Solana was led by Geoff Kendrick, head of digital asset research at Standard Chartered, a British bank that trades on the London stock exchange. Solana is notable as the blockchain of choice for meme coins. This fact makes it one of the more volatile of the larger cryptocurrencies. Still, ongoing interest and activity related to meme coins means that Solana's price is likely to rise in coming years, says Standard Chartered. Low fees and fast transaction times also make Solana a popular option among crypto investors, says Standard Chartered. Solana's price has declined 32% since January of this year.