Ethereum Rival Solana To Surge Much Higher in the Coming Weeks and Months, Says Trader – But There’s a Catch
A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months. The pseudonymous analyst, however, says that Solana will only rally if Bitcoin (BTC) remains “stable”. According to analysts, any solid pullback by Solana should offer an attractive entry opportunity. Source: Altcoin Sherpa/X Looking at the trader’s chart, he seems to suggest that SOL will meet resistances at $228, $243 and $264. Solana is trading at $198 at time of writing. Next up is the native token of the decentralized open financial system Hyperliquid (HYPE). The pseudonymous analyst says that HYPE could rally by about 129% from the current level before the end of the current cycle. “Wouldn’t exactly c...