Skip to content
PredictionVerifier

Geoff Kendrick: Solana to $500 by Dec 31, 2029

As of September 29, 2026, Geoff Kendrick's prediction that Solana would reach $500 by December 31, 2029 is open. Geoff Kendrick made the call on CoinDesk on May 27, 2025, when Solana was at $174.97. The target calls for a 186% rise in four years and seven months.

Updated

What was said

Photo of Geoff Kendrick
Geoff Kendrick

Global Head of Digital Assets Research, Standard Chartered

CoinDesk, May 27, 2025SourceArchive

15 predictions · 3 hit · 4 missed · 8 open

Photo: Cointelegraph, CC BY 3.0

this translates into forecasts of $275 at end-2025 (from the current level of $175) and $500 by end-2029

Kendrick's report said solana is expected to underperform ether over the next two to three years, with the ether/solana ratio rising to 17 by the end of 2027. The report noted the token trades cheap relative to its application revenue and that memecoin activity on Solana appears past its peak, while solana should dominate future high-volume, low-fee sectors such as financial and consumer apps, though reaching scale there could take years.

How we checked this

OpenDeadline

Price when said
$174.97 closeprice data
Target
$500+186%

The prediction comes true if any daily close from May 27, 2025 to Dec 31, 2029, inclusive, is at or above $500. Prices are daily closes in UTC, not intraday highs.

How we check predictions

More from Geoff Kendrick