{"id":562798,"date":"2023-11-28T12:00:30","date_gmt":"2023-11-28T12:00:30","guid":{"rendered":"https:\/\/wncen.com\/?p=562798"},"modified":"2023-11-28T10:08:09","modified_gmt":"2023-11-28T10:08:09","slug":"revving-up-solana-bulls-ready-to-charge-as-analysts-predict-rally-beyond-80","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/revving-up-solana-bulls-ready-to-charge-as-analysts-predict-rally-beyond-80\/","title":{"rendered":"Revving Up: Solana Bulls Ready To Charge As Analysts Predict Rally Beyond $80"},"content":{"rendered":"

Positive events have come for Solana (SOL), the high-performance blockchain network, indicating bullish momentum. In the last month, the price of Solana has risen by 84%, and is currently trading at $56.<\/p>\n

With gains of 18 out of the previous 30 days and price volatility of 22.32%, Solana is still a force to reckon with. In that span of time, SOL’s price surged by a staggering 78%, from $32 to $57.<\/p>\n

The ecosystem is much more excited now that Binance has listed BONK, a meme coin based in Solana. Further evidence of Solana’s commitment to the arts is the creation of Artists in Residence, a bustling studio that showcases the variety of art forms involved in the project.<\/p>\n

\n

Introducing Artists in Residence: A living studio, curated to showcase the diversity of art in the Solana ecosystem.<\/p>\n

Witness the artists create live at @ArtBasel<\/a> Miami Beach & celebrate a dimension of creative expression that is only possible on Solana.https:\/\/t.co\/jMFWmVE31d<\/a> pic.twitter.com\/p9IjB8pGKd<\/a><\/p>\n

\u2014 Solana (@solana) November 20, 2023<\/a><\/p><\/blockquote>\n

Related Reading: XRP Market Drama: Ups, Downs And The $3 Horizon \u2013 Experts Weigh In On The Future<\/a><\/div>\n

Analyst’s Bullish Prognosis: Solana’s Surge As Ethereum Challenger<\/strong><\/h2>\n

Bluntz, a well-known pseudonymous cryptocurrency expert, has shared an intriguing forecast for Solana (SOL), predicting a strong rebound and an upward trend for the virtual asset.<\/p>\n

Bluntz recently stated in a YouTube presentation that Solana’s native cryptocurrency, SOL, which is a strong competitor to Ethereum (ETH), has a potential to hit the $80 level.<\/p>\n

Based on his research, Solana looks to be about to experience a significant uptick, indicating possible buying opportunities as it stands as a formidable Ethereum substitute in the cryptocurrency market.<\/p>\n

<\/iframe><\/div>\n

The Elliott Wave theory, a popular technical analysis approach in trading that Ralph Nelson Elliott created in the 1930s, is the main focus of Bluntz’s analysis.<\/p>\n

Elliott Wave theory states that price movements in financial markets typically follow a natural rhythm that consists of five waves that follow the trend and three waves that correct it.<\/p>\n

Bluntz said that Solana has effectively passed through its corrective phase\u2014a pivotal point that suggests there may be a big upswing.<\/p>\n

His analysis indicates that this pattern marks the end of Solana’s declining price trend and the beginning of a new growing phase for the cryptocurrency.<\/p>\n

Related Reading: The Dogecoin Surge: Unveiling The Catalyst Behind Rising Transactions<\/a><\/div>\n
SOL market cap currently at $23.205 billion on the daily chart: TradingView.com<\/a><\/pre>\n
Solana’s Anticipated Triple-Digit Surge In 2024<\/strong><\/h2>\n
Meanwhile, X account @AltcoinSherpa, a crypto analyst, is optimistic about SOL. After analyzing the SOL price pattern, the analyst stated that a sub-$50 entry would be excellent and that they expected the SOL price to correct.<\/p>\n
The price of Solana has been rising since mid-October 2023, and reaching its 2023 peak of $68.20 on November 16 before a decline started.<\/p>\n
AltcoinSherpa projects that the price of SOL would soar to three figures in 2024.<\/p>\n
\n
1\/ Exciting times for the Solana community as we delve into the post-Breakpoint era! \ud83c\udf10 Solana Breakpoint 2023 in Amsterdam was a game-changer, fueling a massive 140% surge in $SOL<\/a> and an overall ecosystem rebound. \ud83d\udcc8 Let’s break down the highlights! pic.twitter.com\/cF2Na7a97O<\/a><\/p>\n
\u2014 CoinEx Global (@coinexcom) November 24, 2023<\/a><\/p><\/blockquote>\n
In a related development, CoinEx Research, the research and development arm of the CoinEx cryptocurrency exchange site, talked about the top Solana ecosystem trends in Q4 2023.<\/p>\n
The recent Solana Breakpoint 2023, a yearly Solana community event in Amsterdam, was the clear cause of the huge surge in the SOL-focused ecosystem, according to CoinEx Research.<\/p>\n
Owing to all of these elements, market analysts have projected a bullish price for Solana. By December 2023, they predict its worth to have increased to $60 or more, indicating a strong growth and potential for innovation.<\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from Shutterstock<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Positive events have come for Solana (SOL), the high-performance blockchain network, indicating bullish momentum. In the last month, the price of Solana has risen by 84%, and is currently trading at $56. With gains of 18 out of the previous 30 days and price volatility of 22.32%, Solana is still a force to reckon with. In that span of time, SOL’s price surged by a staggering 78%, from $32 to $57. The ecosystem is much more excited now that Binance has listed BONK, a meme coin based in Solana. Further evidence of Solana’s commitment to the arts is the creation of Artists in Residence, a bustling studio that showcases the variety of art forms involved in the project. Introducing Artists in Residence: A living studio, curated to showcase the diversity of art in the Solana ecosystem. Witness the artists create live at @ArtBasel Miami Beach & celebrate a dimension of creative expression that is only possible on Solana.https:\/\/t.co\/jMFWmVE31d pic.twitter.com\/p9IjB8pGKd \u2014 Solana (@solana) November 20, 2023 Related Reading: XRP Market Drama: Ups, Downs And The $3 Horizon \u2013 Experts Weigh In On The Future Analyst’s Bullish Prognosis: Solana’s Surge As Ethereum Challenger Bluntz, a well-known pseudonymous cryptocurrency expert, has shared an intriguing forecast for Solana (SOL), predicting a strong rebound and an upward trend for the virtual asset. Bluntz recently stated in a YouTube presentation that Solana’s native cryptocurrency, SOL, which is a strong competitor to Ethereum (ETH), has a potential to hit the $80 level. Based on his research, Solana looks to be about to experience a significant uptick, indicating possible buying opportunities as it stands as a formidable Ethereum substitute in the cryptocurrency market. The Elliott Wave theory, a popular technical analysis approach in trading that Ralph Nelson Elliott created in the 1930s, is the main focus of Bluntz’s analysis. Elliott Wave theory states that price movements in financial markets typically follow a natural rhythm that consists of five waves that follow the trend and three waves that correct it. Bluntz said that Solana has effectively passed through its corrective phase\u2014a pivotal point that suggests there may be a big upswing. His analysis indicates that this pattern marks the end of Solana’s declining price trend and the beginning of a new growing phase for the cryptocurrency. Related Reading: The Dogecoin Surge: Unveiling The Catalyst Behind Rising Transactions SOL market cap currently at $23.205 billion on the daily chart: TradingView.com Solana’s Anticipated Triple-Digit Surge In 2024 Meanwhile, X account @AltcoinSherpa, a crypto analyst, is optimistic about SOL. After analyzing the SOL price pattern, the analyst stated that a sub-$50 entry would be excellent and that they expected the SOL price to correct. The price of Solana has been rising since mid-October 2023, and reaching its 2023 peak of $68.20 on November 16 before a decline started. AltcoinSherpa projects that the price of SOL would soar to three figures in 2024. 1\/ Exciting times for the Solana community as we delve into the post-Breakpoint era! \ud83c\udf10 Solana Breakpoint 2023 in Amsterdam was a game-changer, fueling a massive 140% surge in $SOL and an overall ecosystem rebound. \ud83d\udcc8 Let’s break down the highlights! pic.twitter.com\/cF2Na7a97O \u2014 CoinEx Global (@coinexcom) November 24, 2023 In a related development, CoinEx Research, the research and development arm of the CoinEx cryptocurrency exchange site, talked about the top Solana ecosystem trends in Q4 2023. The recent Solana Breakpoint 2023, a yearly Solana community event in Amsterdam, was the clear cause of the huge surge in the SOL-focused ecosystem, according to CoinEx Research. Owing to all of these elements, market analysts have projected a bullish price for Solana. By December 2023, they predict its worth to have increased to $60 or more, indicating a strong growth and potential for innovation. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Shutterstock<\/p>\n","protected":false},"author":557,"featured_media":562822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,1119,90498,6664,12837,83626,85361],"class_list":["post-562798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-btc","tag-coinex-research","tag-crypto","tag-sol","tag-solana","tag-solana-price"],"acf":[],"yoast_head":"\nSolana Bulls Ready To Charge As Analyst Predicts Rally Past $80<\/title>\n<meta name=\"description\" content=\"Positive events have come for Solana (SOL), the high-performance blockchain network, indicating bullish momentum. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Revving Up: Solana Bulls Ready To Charge As Analysts Predict Rally Beyond $80","url":"http:\/\/wncen.com\/news\/revving-up-solana-bulls-ready-to-charge-as-analysts-predict-rally-beyond-80\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/revving-up-solana-bulls-ready-to-charge-as-analysts-predict-rally-beyond-80\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a-154.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a-154.png?fit=490%2C345"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","btc","coinex research","crypto","sol","solana","solana price"],"dateCreated":"2023-11-28T12:00:30Z","datePublished":"2023-11-28T12:00:30Z","dateModified":"2023-11-28T12:00:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Revving Up: Solana Bulls Ready To Charge As Analysts Predict Rally Beyond $80\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/revving-up-solana-bulls-ready-to-charge-as-analysts-predict-rally-beyond-80\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/revving-up-solana-bulls-ready-to-charge-as-analysts-predict-rally-beyond-80\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/a-154.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/a-154.png?fit=490%2C345\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"btc\",\"coinex research\",\"crypto\",\"sol\",\"solana\",\"solana price\"],\"dateCreated\":\"2023-11-28T12:00:30Z\",\"datePublished\":\"2023-11-28T12:00:30Z\",\"dateModified\":\"2023-11-28T12:00:30Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/a-154.png?fit=490%2C345","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/562798"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=562798"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/562798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/562822"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=562798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=562798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=562798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}