Solana’s SOL/ETH trading pair has broken below a rising wedge pattern, suggesting a possible 40% decline. Revenue from memecoins has plunged since April 2025, endangering Solana’s value proposition.
Standard Chartered forecasts that Solana may fall behind Ethereum as the latter expands its layer-2 ecosystem. The SOL/ETH ratio predicts a drop to around 0.038 ETH by July 2025, with support at 0.0628 ETH.
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