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Although Solana's active address count has climbed to 100 million, most wallets appear to hold little or no SOL.

If Bitcoin ($BTC) is able to break out of its bull flag, the resulting influx of capital into the cryptocurrency space as a whole could be huge, sparking the altcoin season of this bull market. That said, so far, there are few altcoins that are outperforming $BTC.

Standard Chartered predicts a potential fivefold increase in Solana's price by 2025 if Trump wins the U.S. presidency, as the network sees significant user growth and technological advancements.

Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark.

Solana (SOL) is overpriced when compared to Ethereum (ETH), according to a report from Standard Chartered.

Standard Chartered Bank projects a fivefold rise in Solanas price by 2025 if Donald Trump wins the upcoming US election, driven by increasing adoption and a potential Solana ETF. Standard Chartered Predicts 5X Solana Price Surge by 2025 According to Standard Chartered Bank, if Donald Trump were to win the forthcoming US presidential election, the price of Solana (SOL) might increase fivefold by the end of 2025.

Solana is a blockchain built for mass adoption. Its a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming.

Following a dramatic 65% drop, Solana-based baby hippo-themed meme coin Moo Deng (MOODENG) is eyeing a comeback. As of this writing, Moo Deng's price has increased by 11.15% in the last 24 hours.

Grammy-winning rapper Cardi B has seemingly launched a meme-inspired cryptocurrency under the $WAP ticker, in a reference to one of her most popular songs with Megan Thee Stallion. The project's debut, however, has been shrouded in controversy including insider trading concerns.

A Solana (SOL) trader who initially invested a mere $800 in the popular Solana-based meme coin, Moo Deng, has realized unreal gains, with profits soaring to approximately $10 million. However, despite the massive returns from unreal meme coin trade, the Solana trader is facing liquidity obstacles, leaving him stranded as Moo Deng's value rapidly plummets.

Recently there was a significant surge in the price of Bitcoin bringing it very near to $65,000. Many participants on the market were taken aback by the sudden and swift action.

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.

Standard Chartered Bank has predicted that Solana's (SOL) price may soar by five times by the end of 2025 if Donald Trump wins the upcoming US presidential election. This outlook comes as Solana's user base grows, with the network seeing more than 100 million monthly active addresses for the first time.

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Standard Chartered's latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. According to the report, a Trump administration would be more favorable for Solana's rise compared to Ethereum (ETH).

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.

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.

The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.

Solana's native coin ($SOL) has outpaced the two market leaders by flying colours this last year, despite the fact that its fortune is often closely pegged to the price movements of Bitcoin ($BTC) and Ethereum ($ETH).

FalconX, a crypto prime brokerage, has been holding onto 1.35 million Solana (SOL) tokens, worth $190 million, for years without even realizing it. The tokens have been sitting with them since 2021.

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.

Developer activity surged by 10.7% for Layer 1 blockchain Solana in October.

FalconX, a prime cryptocurrency broker, failed to track 1.35 million Solana (SOL) tokens, worth around $190 million, since 2021.