Ethereum

2024

Solana

<p>The post <a href="https://coinpedia.org/news/solana-sol-price-poised-for-a-massive-surge-to-600-veteran-crypto-investor-hints/" rel="noopener noreferrer nofollow">Solana (Sol) Price Poised For A Massive Surge To $600, Veteran Crypto Investor Hints</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Solana has been making strong moves on the market recently as the price recovery keeps on sticking. With the recent price surge to $141.7, Solana seems to be making strong resistance at this price.&nbsp;</p>
<p>Meanwhile, a well-known crypto investor Crypto Jelle expresses bullish <a href="https://coinpedia.org/price-analysis/solanasol-analysis-will-the-spot-etf-news-help-regain-momentum/" rel="noopener noreferrer nofollow">sentiments about Solana (SOL)</a>, drawing parallels between its current market behavior and its performance in the summer of 2021. He believes that Solana is supposed to surge to near about $600.</p>
<h2 class="wp-block-heading" id="h-solana-eyes-for-600-mark">Solana Eyes For $600 Mark</h2>
<p>According to Jelle, Solana has been consolidating for months, making lower highs while maintaining the same support area, a movement similar to those seen in mid-2021.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> is playing out very similarly to the summer of 2021.<br><br>Months of consolidation, making lower highs while holding the same support area.<br><br>Now bouncing from the weekly RSI midlevel, just like it did in July 2021.<br><br>Betting big on Solana, targeting $600 this cycle. Let's go. <a href="https://t.co/F45KKhG2jV" rel="noopener noreferrer nofollow">pic.twitter.com/F45KKhG2jV</a></p>— Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1810997523093369011?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 10, 2024</a>
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<p>Jelle also mentioned that Solana recently bounced from the weekly Relative Strength Index (RSI) midlevel, just like it did in July 2021. This suggests Solana might be ready for a major price move.</p>
<p>Jelle is confident in this pattern repeating and has invested heavily in Solana, aiming for a $600 price target. This is much higher than its current price, indicating a lot of growth potential. With Jelle’s prediction, many in the crypto community are now <a href="https://coinpedia.org/news/after-vaneck-21shares-now-cboe-global-filed-for-solana-etf-price-surge-by-6-6/" rel="noopener noreferrer nofollow">watching Solana</a> closely, hoping for significant returns.</p>
<h2 class="wp-block-heading" id="h-solana-suprass-ethereum">Solana Suprass Ethereum</h2>
<p>Solana (SOL) has once again proven its dominance in the cryptocurrency market by surpassing $2 billion in 24-hour trading volume. This achievement cements its position as the leading blockchain in trading volume, outpacing Ethereum and other major blockchain networks.</p>
<p>While Ethereum has long been considered the frontrunner in the blockchain space, currently its trading volume <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">stands at $14.3 billion</a>.</p>

Solana (Sol) Price Poised For A Massive Surge To $600, Veteran Crypto Investor Hints

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