bullish

Solana

Toncoin

Sherpa

Coin

<ul class="wp-block-list news-points">
 <li>Altcoin Sherpa predicted that Solana (SOL) will soon break its all-time high.</li>
 <li>The analyst ended his position in Toncoin (TON) due to “too much uncertainty.”</li>
 <li>The analyst said that shitcoins are facing bearish pressure.</li>
</ul>
Crypto analyst Altcoin Sherpa predicts Solana (SOL), the fifth-largest cryptocurrency by market capitalization, will reach a new all-time high once the market rallies and establishes a new bullish trend.
In a post on X, Altcoin Sherpa advised his 220K followers that <a href="https://x.com/AltcoinSherpa/status/1828045346951360615" target="_blank" rel="noopener noreferrer nofollow">current SOL levels</a> are not an attractive entry point and potential investors should wait for the altcoin to surpass the $165 price level. However, the analyst forecasts that in the long term, the cryptocurrency will exceed its all-time high of $260.06 set on November 7, 2021, during the last bull run.
According to CoinMarketCap <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">data</a>, SOL is trading at a price of $159.09, down 38.89% from its ATH. The cryptocurrency is up 7.34% in the past week but is down 12.73% in the last 30 days. Since August 2023, SOL has seen a remarkable rise of 681.89%.
On the other hand, Altcoin Sherpa expressed reservations about investing in Toncoin (TON), the tenth-largest digital asset by market…
The post <a href="https://coinedition.com/solanas-ascent-continues-analysts-see-new-highs-on-the-horizon/" rel="noopener noreferrer nofollow">Solana’s Ascent Continues: Analysts See New Highs on the Horizon</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Solana’s Ascent Continues: Analysts See New Highs on the Horizon

Coin Edition

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