{"id":28776,"date":"2025-05-27T12:16:31","date_gmt":"2025-05-27T12:16:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28776"},"modified":"2025-05-27T12:16:31","modified_gmt":"2025-05-27T12:16:31","slug":"solana-to-trail-ethereum-says-standard-chartered-we-are-past-peak-meme-coin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28776","title":{"rendered":"Solana To Trail Ethereum, Says Standard Chartered: &#8216;We Are Past Peak Meme Coin&#8217;"},"content":{"rendered":"<div>\n<p><strong>Solana<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) <a href=\"https:\/\/www.benzinga.com\/money\/eth-vs-sol\">reliance on meme coin trading<\/a> as its dominant use case could hold back its performance relative to <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) for the foreseeable future, according to <strong>Standard Chartered<\/strong>&#8216;s Head of FX and Digital Assets Research <strong>Geoffrey Kendrick<\/strong>.<\/p>\n<p><strong>What Happened: <\/strong>In a note sent to Benzinga on Tuesday, Kendrick stated that real-world applications on Solana, such as high-throughput financial platforms and consumer-facing services like social media, are &#8220;still some years away&#8221; from scaling meaningfully.<\/p>\n<p>&#8220;Going forward, I think we are past peak-memecoin,&#8221; Kendrick wrote, adding that while Solana has proven its technical strengths in transaction speed and cost-efficiency, broader sector adoption has yet to materialize. <\/p>\n<p>This gap, he says, will likely cause Solana to underperform Ethereum in the near &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45614851\/solana-to-trail-ethereum-says-standard-chartered-we-are-past-peak-meme-coin\" alt=\"Solana\" to trail ethereum says standard chartered: are past peak meme coin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana&#8216;s (CRYPTO: SOL) reliance on meme coin trading as its dominant use case could hold back its performance relative to Ethereum (CRYPTO: ETH) for the foreseeable future, according to Standard Chartered&#8216;s Head of FX and Digital Assets Research Geoffrey Kendrick. What Happened: In a note sent to Benzinga on Tuesday, Kendrick stated that real-world applications [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28776","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28776"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28776\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}