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Can Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers Newsbtc 17 sie 2024

Can Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers 🚀

A crypto market expert expressed optimistic predictions for Solana (SOL), suggesting the cryptocurrency could replicate Ethereum’s historical rise to new highs and reach $1,000. This expert foresees SOL hitting new all-time highs this bullish cycle.

On August 12, a crypto analyst known as ‘Kaleo’ on X shared positive expectations for Solana during this bull market, observing that Solana’s price chart was mirroring Ethereum’s in late 2020.

Similar to Ethereum's significant price increase in 2020, Kaleo predicts Solana could follow the same growth trajectory, reaching $1,000 during the present bull market.

Despite volatile market movement, Solana's price performance has seen considerable gains, peaking at $200 this year. Currently, SOL trades at $143.6, showing a 0.48% increase in the last 24 hours.

Crypto analysts continue to express bullish sentiment for Solana, with ‘Crypto Jack’ predicting an explosive rally if SOL breaks above $190.

Another analyst, ‘Crypto Curb,’ shares similar positive projections, forecasting Solana to reach $1,000 after exiting its current consolidation phase. Curb anticipates a climb through the $400 to $500 range first, before achieving the $800 to $1,000 target.

Źródło: www.newsbtc.com ↗

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Exploring Potential Outcomes for Solana (SOL) as Market Dynamics Shift: Can Bulls Spark a Rebound? Coinotag 3 tygodnie temu
Exploring Potential Outcomes for Solana (SOL) as Market Dynamics Shift: Can Bulls Spark a Rebound?
Could Solana (SOL) Price Experience a Bullish Reversal Amidst Market Stability? Coinotag 3 tygodnie temu
Could Solana (SOL) Price Experience a Bullish Reversal Amidst Market Stability?
Solana Price Could Skyrocket Over 600% in This Bull Cycle, Predicts Analyst Coinotag 15 sie 2024
Solana Price Could Skyrocket Over 600% in This Bull Cycle, Predicts Analyst
Exploring the Potential Rise of Solana (SOL): Could a New All-Time High Be on the Horizon? Coinotag 2 tygodnie temu
Exploring the Potential Rise of Solana (SOL): Could a New All-Time High Be on the Horizon?
Solana Price Poised for Massive Gains: Analysts Predict Potential Surge to $220 Coinotag 01 paź 2024
Solana Price Poised for Massive Gains: Analysts Predict Potential Surge to $220