{"id":607712,"date":"2024-05-13T20:00:10","date_gmt":"2024-05-13T20:00:10","guid":{"rendered":"https:\/\/wncen.com\/?p=607712"},"modified":"2024-05-13T10:51:53","modified_gmt":"2024-05-13T10:51:53","slug":"solana-1100-move-headed-next","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana\/solana-1100-move-headed-next\/","title":{"rendered":"Analyst Who Predicted Solana\u2019s 1,100% Move Reveals Where The Altcoin Is Headed Next"},"content":{"rendered":"

Crypto analyst Javon Marks<\/span><\/a> has provided insights into the future trajectory of <\/span>Solana (SOL)<\/span><\/a> after it hit a 1,100% return. The analyst is known to have called the crypto token\u2019s previous high correctly, which is one reason his latest prediction is worth keeping an eye on.\u00a0\u00a0<\/span><\/p>\n

Solana Could Rise To As High As $453<\/h2>\n

Marks mentioned in an X (formerly Twitter) <\/span>post<\/span><\/a> that despite its recent pullback, Solana\u2019s price may be getting ready for another price rally. He noted that a move of over 54% may already be in the pipeline and that such a price move could open up room for another run of over 93%, which would send Solana to $453.\u00a0<\/span><\/p>\n

Related Reading: Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers<\/a><\/p>\n

\"Solana\"<\/p>\n

Source: X<\/pre>\n
Marks <\/span>predicted<\/span><\/a> last year that Solana would climb above $200, which it eventually did this year, peaking at a year-to-date (YTD) high of $202. Although the crypto token has dropped significantly from that price level, Marks\u2019 recent prediction confirms that Solana\u2019s run isn\u2019t done yet and will still surpass its current all-time high (ATH) of $260.<\/span><\/p>\n
Solana rising to $453 looks more feasible considering that crypto analysts like Altcoin Sherpa have <\/span>predicted<\/span><\/a> that the crypto token could rise above $500 by year-end. Crypto analyst Hansolar also <\/span>predicted<\/span><\/a> that Solana could climb to $600 in this market cycle. Meanwhile, Crypto YouTuber Jake Gagain predicted that Solana will rise to $750, although he mentioned that it will likely happen in 2025.\u00a0<\/span><\/p>\n
SOL Could Become The Third-Largest Crypto Token<\/h2>\n
Solana’s rise to as high as $500 could lead to the crypto token becoming the third largest crypto asset by market cap, only behind <\/span>Bitcoin and Ethereum<\/span><\/a>. This is possible, as a rise to $500 is almost double Solana\u2019s current ATH. Crypto analyst Chris O also <\/span>previously predicted<\/span><\/a> that this would likely happen as he predicted Solana and ADA would battle for the position.\u00a0<\/span><\/p>\n
Meanwhile, <\/span>asset manager Franklin Templeton<\/span><\/a> also sounded confident in Solana\u2019s potential to become the third-largest cryptocurrency. In a recent <\/span>analysis<\/span><\/a>, the asset manager highlighted the factors that could lead to this development. One is Solana\u2019s technology, which they think will be perfect for the sectors that will drive the next wave of crypto adoption.\u00a0<\/span><\/p>\n
Related Reading: US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000<\/a><\/div>\n
Franklin Templeton also alluded to the upcoming airdrops on the <\/span>Solana network<\/span><\/a>, which could bring more liquidity into the ecosystem and possibly cause a surge in Solana\u2019s price, just like when the Jito and Pyth airdrops occurred. The asset manager also noted that <\/span>meme coin activity<\/span><\/a> on the network isn\u2019t slowing, which could contribute to Solana\u2019s rise to becoming the third-largest cryptocurrency.\u00a0<\/span><\/p>\n
Solana has become the foremost network for trading meme coins, which has led to an influx of new investors into the ecosystem. Therefore, a sustained network expansion will likely reflect positively on Solana\u2019s price sooner or later.\u00a0<\/span><\/p>\n
At the time of writing, Solana is trading at around $144, up in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n
\"Solana<\/p>\n
SOL price at $144 | Source: SOLUSD on Tradingview.com<\/a><\/pre>\n
Featured image from DL News, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Javon Marks has provided insights into the future trajectory of Solana (SOL) after it hit a 1,100% return. The analyst is known to have called the crypto token\u2019s previous high correctly, which is one reason his latest prediction is worth keeping an eye on.\u00a0\u00a0 Solana Could Rise To As High As $453 Marks mentioned in an X (formerly Twitter) post that despite its recent pullback, Solana\u2019s price may be getting ready for another price rally. He noted that a move of over 54% may already be in the pipeline and that such a price move could open up room for another run of over 93%, which would send Solana to $453.\u00a0 Related Reading: Cardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers Source: X Marks predicted last year that Solana would climb above $200, which it eventually did this year, peaking at a year-to-date (YTD) high of $202. Although the crypto token has dropped significantly from that price level, Marks\u2019 recent prediction confirms that Solana\u2019s run isn\u2019t done yet and will still surpass its current all-time high (ATH) of $260. Solana rising to $453 looks more feasible considering that crypto analysts like Altcoin Sherpa have predicted that the crypto token could rise above $500 by year-end. Crypto analyst Hansolar also predicted that Solana could climb to $600 in this market cycle. Meanwhile, Crypto YouTuber Jake Gagain predicted that Solana will rise to $750, although he mentioned that it will likely happen in 2025.\u00a0 SOL Could Become The Third-Largest Crypto Token Solana’s rise to as high as $500 could lead to the crypto token becoming the third largest crypto asset by market cap, only behind Bitcoin and Ethereum. This is possible, as a rise to $500 is almost double Solana\u2019s current ATH. Crypto analyst Chris O also previously predicted that this would likely happen as he predicted Solana and ADA would battle for the position.\u00a0 Meanwhile, asset manager Franklin Templeton also sounded confident in Solana\u2019s potential to become the third-largest cryptocurrency. In a recent analysis, the asset manager highlighted the factors that could lead to this development. One is Solana\u2019s technology, which they think will be perfect for the sectors that will drive the next wave of crypto adoption.\u00a0 Related Reading: US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000 Franklin Templeton also alluded to the upcoming airdrops on the Solana network, which could bring more liquidity into the ecosystem and possibly cause a surge in Solana\u2019s price, just like when the Jito and Pyth airdrops occurred. The asset manager also noted that meme coin activity on the network isn\u2019t slowing, which could contribute to Solana\u2019s rise to becoming the third-largest cryptocurrency.\u00a0 Solana has become the foremost network for trading meme coins, which has led to an influx of new investors into the ecosystem. Therefore, a sustained network expansion will likely reflect positively on Solana\u2019s price sooner or later.\u00a0 At the time of writing, Solana is trading at around $144, up in the last 24 hours, according to data from CoinMarketCap.\u00a0 SOL price at $144 | Source: SOLUSD on Tradingview.com Featured image from DL News, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":607727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[167,6664,26263,14690,12837,89406,86420,83626,89405,85361,86410,83627],"class_list":["post-607712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-sol","tag-sol-news","tag-sol-price","tag-solana","tag-solana-news","tag-solana-price","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\nAnalyst Who Predicted Solana\u2019s 1,100% Move Reveals Where The Altcoin Is Headed Next<\/title>\n<meta name=\"description\" content=\"Crypto analyst Javon Marks has provided insights into the future trajectory of the Solana (SOL) price after it hit a 1,100% return.\" \/>\n<meta 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analyst Who Predicted Solana\u2019s 1,100% Move Reveals Where The Altcoin Is Headed Next","url":"http:\/\/wncen.com\/news\/solana\/solana-1100-move-headed-next\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/solana\/solana-1100-move-headed-next\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/Solana-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/Solana-Small.jpeg?fit=320%2C180"},"articleSection":"Solana","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","sol","sol news","sol price","solana","solana news","solana price","solusd","solusdt"],"dateCreated":"2024-05-13T20:00:10Z","datePublished":"2024-05-13T20:00:10Z","dateModified":"2024-05-13T20:00:10Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst Who Predicted Solana\\u2019s 1,100% Move Reveals Where The Altcoin Is Headed Next\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-1100-move-headed-next\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-1100-move-headed-next\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Solana-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/Solana-Small.jpeg?fit=320%2C180\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"sol\",\"sol news\",\"sol price\",\"solana\",\"solana news\",\"solana price\",\"solusd\",\"solusdt\"],\"dateCreated\":\"2024-05-13T20:00:10Z\",\"datePublished\":\"2024-05-13T20:00:10Z\",\"dateModified\":\"2024-05-13T20:00:10Z\"}<\/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\/2024\/05\/Solana-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/607712","targetHints":{"allow":["GET"]}}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=607712"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/607712\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/607727"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=607712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=607712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=607712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}