Bitcoin, Ethereum, Solana Projected To Surge By 2025, Regardless Of Election Outcome: Report
Posted On October 8, 2024
Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election.
What Happened: Kendrick’s projections include a potential quadrupling of Ether and a tripling of Bitcoin’s value under a Trump administration. He added that a Trump win could be more supportive of the Solana ecosystem than a Harris administration.
For his Solana valuation predictions of fivefold increase to materialize, certain conditions, such as the introduction of a Solana ETF under Trump, …
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