Standard Chartered Bank analyst: It is almost certain that SOL will reach a new high by the end of the year, while ETH will have to wait until after Trump takes office.

Standard Chartered Bank analysts say SOL is likely to hit new all-time highs by the end of the year, while ETH may have to wait until after Trump's inauguration. (Previous context: Trump's victory is very bullish! Dow futures surged more than 1100 points, Tesla pre-market big pump exceeded 12%) (Background information: Standard Chartered Bank: If the Republican Party takes full control of Congress, BTC could reach $125,000 by the end of the year) With Trump winning the final victory in the U.S. election, BTC has been on a strong upward trend. Just last week, Standard Chartered Bank analyst Geoff Kendrick pointed out in a presentation that $75,000 is just the beginning, BTC will reach a new high of $125,000 by the end of this year, and surpass $200,000 by the end of next year: Trump's various cryptocurrency promises, including firing the U.S. SEC Chairman Gary Gensler, incorporating BTC into the national strategic reserve, and making the U.S. a superpower in BTC, will all drive this surge. After the Biden administration's negative stance on cryptocurrency, we finally have Trump's support for cryptocurrency. Further reading: Wall Street crocodile Bernstein: Regardless of who is elected U.S. President, BTC will surpass $200,000 in 2025 Standard Chartered Bank analyst: SOL is likely to hit new highs by the end of the year And with BTC breaking $80,000 over the weekend, Kendrick further predicted: Given the recent gains in Ethereum and Solana, the rise in BTC prices could lift the overall market, and the performance of certain tokens may surpass the world's largest cryptocurrency. He believes: It seems inevitable that SOL will reach a new all-time high by the end of the year (the previous high since November 2021 was $260) As for ETH's new all-time high (the previous high since November 2021 was $4,866), we may have to wait until the inauguration ceremony SOL has risen nearly 40% in the past week. What will happen in the future? In addition to coin prices, Kendrick also added that with Trump's inauguration, the future of the cryptocurrency field will see: Regulation: Trump will overturn the Biden administration's previous veto of the SEC accounting rule SAB 121, a move that will accelerate institutional adoption of BTC. Stablecoin: Trump may also introduce new Stablecoin legislation, expanding the U.S. cryptocurrency market. Economic policy: Trump's economic policies may stimulate inflation, which could accelerate market recognition of BTC as a hedge against problems in the TradFi system. ETF: Spot ETF products will continue to drive BTC upwards. Related reports: Trump's victory is very bullish! Dow futures surged more than 1100 points, Tesla pre-market big pump exceeded 12% Trump's full election speech: I love Musk, he is a rising star, making America great again a16z executives urge Trump: How should the U.S. government seize the Web3 opportunity after winning? Standard Chartered Bank analyst: SOL is poised to break new highs by the end of the year, while ETH will have to wait until after Trump's inauguration This article was first published on BlockTempo, the most influential blockchain news media in the blockchain field.