Solana’s SOL Plummets 8% to $147, Defying Standard Chartered’s Bullish $275 Year-End Forecast

According to the CIO of Standard Chartered, investors currently have a significantly lower allocation to US assets than they should, indicating a substantial underweight position.

The US dollar has declined by 10% year-to-date, as measured by the US dollar index (DXY), due to uncertainty surrounding President Trump’s tariff announcements in April. This has led to a bearish consensus towards US assets, with many investors rethinking their...