Satoshi

Kaspa

Solana

RebelSatoshi

Coin

<p>In a YouTube video, Cheeky Crypto’s analyst presented an ambitious <a href="https://youtu.be/0ynZDqvPkbg?si=S82Iu66QZJIEH650" target="_blank" rel="noopener noreferrer nofollow">price prediction for Solana (SOL)</a>. The expert forecasts SOL could potentially reach $5,100, representing a 37.6x increase from its current position. He bases this prediction on technical analysis, market trends, and the potential impact of crypto ETFs.</p> <iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/0ynZDqvPkbg?si=S82Iu66QZJIEH650" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 class="wp-block-heading" id="strong-solana-s-technical-analysis-and-price-predictions-strong"><strong>Solana’s Technical Analysis and Price Predictions</strong></h2>
<p>Focusing on Solana’s weekly chart paired with USDT, the analyst identifies a current market correction. Cheeky Crypto expects this correction to bring SOL’s price down to the 50-week Simple Moving Average, around $90-$100. However, the expert believes this pullback will set the stage for a strong upward movement.</p>
<p>The analyst outlines several price targets for Solana:</p>
<p><strong>$688 Target: Conservative Outlook</strong></p>
<p>At $688, Solana would reach a market cap of $318 billion. This represents a 5.1x increase from its current position. The analyst considers this a realistic target, especially for early investors seeking decent returns.</p>
<p><strong>$1,192 Target: Moderate Growth Scenario</strong></p>
<p>Reaching $1,192 would push Solana’s market cap to $550 billion. This 8.8x increase is deemed achievable, particularly considering the expected growth of Bitcoin and Ethereum.</p>
<p><strong>$2,399 Target: Ambitious Projection</strong></p>
<p>A price of $2,399 would result in a $1.1 trillion market cap for Solana. This 17.7x increase is more speculative but could be driven by significant market events like the introduction of Solana-based ETFs.</p>
<p><strong>$5,100 Target: Maximum Growth Scenario</strong></p>
<p>The most ambitious target of $5,100 would give Solana a $2.3 trillion market cap. While this 37.6x increase seems extreme, the analyst doesn’t rule it out if the crypto market experiences massive inflows and ETF-related growth.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/how-will-kaspa-kas-price-perform-this-summer/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>How Will Kaspa (KAS) Price Perform This Summer?</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-why-solana-is-set-for-growth-strong"><strong>Why Solana is Set for Growth</strong></h2>
<p>Cheeky Crypto highlights that Solana’s price is closely linked to the market movements of Bitcoin and Ethereum. If Bitcoin and Ethereum reach their forecasted highs, Solana could follow suit due to overall market momentum.</p>
<p>The potential introduction of Solana&nbsp;ETFs is considered a key factor that could drive Solana’s price to higher levels. This mirrors the impact seen from Bitcoin and Ethereum ETFs. Additionally, he expects the overall crypto market to grow, with major coins leading the charge, benefiting altcoins like Solana.</p>
<p>Cheeky Crypto’s analysis emphasizes long-term trends and larger movements in Solana’s price. The expert sees the expected correction towards the 50-week SMA as a healthy retracement before an upward move. The speaker anticipates that post-correction, Solana could have an explosive move upwards, targeting the higher price ranges mentioned.</p>
<h2 class="wp-block-heading" id="strong-conclusion-strong"><strong>Conclusion</strong></h2>
<p>Solana is a crypto with substantial growth potential, heavily influenced by the broader trends of Bitcoin and Ethereum. The analysis provides a range of price targets, from conservative to highly speculative, grounded in technical and market data.&nbsp;</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/solana-price-prediction-expert-maps-sols-trajectory-up-to-5100/" rel="noopener noreferrer nofollow">Solana Price Prediction: Expert Maps SOL’s Trajectory Up to $5,100</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Solana Price Prediction: Expert Maps SOL’s Trajectory Up to $5,100

Table of Contents

CaptainAltcoin

Other articles published on Jul 5, 2024

Chainstack Announces Support for Oasis on Its Chainstack Global Elastic Nodes

Best Airdrops for NFT Collectors 2024

Building an Online Casino from the Ground Up: from Dream to Reality

House Gears Up for Crucial Vote on Biden’s Veto of SAB 121 Crypto Rule

METALSWAP RELEASE : XMT AIRDROP

$1.38 Billion Lost in First Half 2024 Crypto Hacks: Report

Join our free newsletter for daily crypto updates!