Solana

when

Epic

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
*Solana (SOL) appears to be back on track and it appears that something big is on the cards for it. In fact, the market may witness one of the biggest SOL rallies in history. As per Ali Martinez, there is no slowing down for Solana as new highs are likely to be approaching soon.
Martinez, a renowned trader and analyst,&nbsp;<a href="https://x.com/ali_charts/status/1816762346527666567" rel="noopener noreferrer nofollow">tweeted</a> that the SOL price is repeating its historic patterns. He explained that the current price chart of Solana is mirroring the one from July 2021. This was the time when Solana started a huge rally.
In the chart shared by Martinez, we can see that Solana was trading around $34 before this rally. And in the days after, it went on to enter one of the biggest&nbsp;<a href="https://u.today/dogecoin-doge-historic-pattern-shows-huge-rally-says-analyst" rel="noopener noreferrer nofollow">bull runs</a> in history. During this bull run, it managed to hit the $195 mark.
The price increase at that time was roughly around 473.53%. Notably, this surge came between the period of July 2021 to November 2021. In such a short time, the Solana price managed to break all the shackles and claim new all-time highs.
<h2 dir="ltr" id="will-history-repeat-itself">Will history repeat itself?</h2>
Looking at the chart shared by Ali Martinez, it appears that Solana is going to repeat history. The price charts from July 2021 and July of this year are showing the same patterns. The market sentiment also seems quite similar as traders are bullish on SOL.
Seeing this, Martinez has openly predicted that Solana is on verge of a&nbsp;<a href="https://u.today/ethereum-eth-prediction-for-july-26" rel="noopener noreferrer nofollow">big breakout</a> as it may hit the $1,000 price level. Solana is currently trading at $178.45 and it needs to increase by almost 461.80% to hit the $1,000 level.
Surprisingly, this percentage increase is quite similar to the one in 2021. Consequently, claiming the $1,000 level is not a difficult job for the SOL price. If it managed to do it in the past, it has the potential to do it again. This is the thesis of Martinez and it can come into play later this year.

'$1,000 SOL Coming Soon' Top Analyst Gives Epic Solana Prediction

目錄

U_Today

在 2024年7月26日發表的其他文章

3 P2E Tokens That Could Explode Like Notcoin and Hamster Kombat

Ekosistem EgonCoin (EGON) sebagai Public Blockchain hingga Rumah bagi NFT Marketplace

Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB

Sen Warren Warns of Security Threats Posed by Foreign-Owned Crypto Miners

Floki Announces Valhalla Sponsorship for India’s Tour of Sri Lanka, Targeting 220M Viewers

R. Kennedy Seeks Bitcoin Equivalent to Fort Knox Gold

訂閱免費電子報，每天收取加密貨幣最新動態！