HomeEthereumSolana Will Skyrocket Over 870% Once Ethereum Bull Run Begins, Crypto Analyst...

Solana Will Skyrocket Over 870% Once Ethereum Bull Run Begins, Crypto Analyst Predicts: Here’s The Timeline


A widely followed crypto analyst believes that Solana (SOL) will approach its all-time highs once Ethereum (ETH) starts its bull market.

In a new strategy session, the InvestAnswers host tells his 446,000 YouTube subscribers that Solana could go as high as $250, an increase of more than 870% from his current price of $25.75.

According to the pseudonymous analyst, Solana’s rise is likely due to Ethereum’s Cancun upgrade, which is expected to further elevate the scalability of the leading smart contract platform. The InvestAnswers host mentions a prediction made by Blofin, a crypto-financial services firm that sees Ethereum rising to $9,700 after the upgrade.

“According to Blofin, they predict that after the Ethereum upgrade in Cancun, the price could top $9,700 per ETH in Q1 2024. And of course, that is their most optimistic case…

The next question is always: ‘Well, if Ethereum goes up to $9,700, what is the price of Solana?’ I calculated it for you. It will be at least $250 if ETH reaches $9,700.

Remember $9,700 from where it is now is more than 5x and of course Solana is going up faster than ETH at that point.”

While the InvestAnswers host believes that Ethereum could rise to $9,700, he does not see the rise in the coming months.

“great to see $9,700 ETH. METERmaybe we’ll see him in lockdown. I doubt we’ll see it in the first quarter of 2024, bbut maybe early 2025.”

As for Bitcoin (BTC), the anonymous analyst reiterates his prediction that the flagship crypto asset will soar by more than 40% from current levels early next year.

“I said many times a few months ago, I wouldn’t be surprised if we had a Bitcoin target of $42,000 between January and April 2024.”

Bitcoin is trading at $29,804 at the time of writing.


Don’t miss a thing – sign up to get email alerts straight to your inbox

Check Price Action

follow us TwitterFacebook and Telegram

Surf The Daily Hodl Mix

Check the latest news headlines


Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investment in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any loss you may incur is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment adviser. Please note that The Daily Hodl is involved in affiliate marketing.

Image generated: halfway


Quant Analyst PlanB Says Bitcoin Bull Market Is Underway, Predicts BTC Will Outperform Major Asset Classes

Closely watched quant analyst PlanB says Bitcoin (BTC) is now on track to expand by trillions of dollars to compete with some of the largest...

Bitget Reinforces Its Leadership In Smart Cryptocurrency Trading With Rebranding Initiative

Bitget, a leading crypto derivatives and copy trading platform, announced a rebranding initiative on July 25, 2023, with the aim of reinforcing its position as...

Coinbase vs. SEC: Key dates and details for upcoming court hearings

The legal battle between Coinbase, a major cryptocurrency exchange, and the United States Securities and Exchange Commission (SEC) has reached a significant milestone. Hearing...

Benjamin Cowen Issues Cardano Warning, Says ADA Repeats Hard Times of 2019

Widely followed crypto analyst Benjamin Cowen warns that Ethereum (ETH) rival Cardano (ADA) is repeating a downward pattern from 2019. In a new strategy session, Cowen...

Most Popular