Recent analyses suggest Solana could see substantial price increases, potentially reaching $750, fueled by Donald Trump’s pro-crypto stance. Standard Chartered Bank predicted in October 2024 that Solana could hit $700 if Trump wins the election, based on potential regulatory clarity and institutional adoption (Solana At $700 Under Trump? Here’s Why Experts Are Optimistic). This prediction is supported by the launch of Trump’s $TRUMP meme coin on Solana, which drove SOL to an all-time high of $295.40 on January 19, 2025, amid his inauguration (Solana (SOL) Price Prediction 2025, 2026 – 2030). Other sources, like CryptoTicker, suggest SOL could reach $500 by mid-2025, with some projections extending to $1,000, reflecting bullish market sentiment (Solana Price Prediction 2025, 2026-2030: SOL Price Targets $500?).
The “Trump effect” is evident, with Solana benefiting from increased visibility and adoption. Trump’s executive order on March 7, 2025, establishing a Strategic Crypto Reserve including Solana, further boosted its price, with SOL surging over 15% to $160 (Solana Price Prediction: SOL Surges 15% Because of Trump…Here’s Why). Analysts attribute this to potential Solana ETFs and institutional investments, with market cap projections exceeding $200 billion (Solana Price Prediction After the New Trump Crypto Executive Order: SOL ETF NEXT?).
Eric Trump’s 10-Year Warning to US Banks
Eric Trump, a vocal advocate for cryptocurrencies, warned on April 30, 2025, that traditional banks could be “extinct in 10 years” if they don’t embrace blockchain and DeFi (Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in 10 years’). Speaking in Dubai, he criticized the banking system as “broken, slow, and expensive,” highlighting the efficiency of peer-to-peer transactions via crypto apps (Eric Trump: Anti-Crypto Banks Will Be ‘Extinct in 10 Years’). He argued that DeFi platforms enable instant, low-cost transactions, challenging banks’ revenue models.
Eric Trump’s investments in Bitcoin, Ethereum, Solana, and Sui further underscore his belief in cryptocurrencies’ disruptive potential (Eric Trump, who has investments in Bitcoin (BTC) and three altcoins, warned banks! “10 years later…”). His warning aligns with his father’s pro-crypto policies, including the Strategic Crypto Reserve, which includes Solana, suggesting a family-wide push for decentralized finance.
Connection Between Solana’s Price and Eric Trump’s Warning
While there is no direct evidence linking Eric Trump’s warning to the specific $750 price prediction for Solana, the broader context suggests a connection. Eric’s advocacy for cryptocurrencies, including Solana, and his prediction of banks’ obsolescence align with the market conditions driving Solana’s potential price surge. Trump’s policies, supported by Eric’s investments, could create a regulatory environment favoring Solana, potentially pushing its price to $750 or higher. However, the $750 figure may be a specific analyst prediction not captured in the sources, with most estimates ranging from $500 to $700.
The controversy lies in the feasibility of such price targets, given market volatility and competition from other blockchains. Critics warn of risks like regulatory uncertainty and security vulnerabilities, while proponents see Solana’s scalability and DeFi adoption as key drivers (Solana Price Prediction After the New Trump Crypto Executive Order: SOL ETF NEXT?).
