Bull Market Price Target for Solana Revealed: Analyst Sees SOL Following Ethereum’s 2020 Trend
A prominent crypto analyst, Kaleo, predicts that Solana (SOL) could see an increase of over 850% by the end of the current cycle, potentially reaching $1,000. He notes that Solana’s current price action mirrors Ethereum’s late 2020 movements before ETH surged to its all-time high.
Kaleo suggests that if Solana follows Ethereum’s 2020 trajectory, it could even rise to $2,000, reflecting a 1,400% gain. As of now, Solana trades at $146.74. Kaleo is also monitoring Avalanche (AVAX), which he believes is showing similar patterns to its early 2021 performance, potentially indicating a future rally. Currently, AVAX is priced at $21.43.
Clever Robot News Desk 16th August 2024
