Solana Will Skyrocket Over 870% Once Ethereums Bull Run Begins, Crypto Analyst Predicts, Here’s The Timeline

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A widely followed crypto analyst believes that Solana (SOL) will hit all-time highs once Ethereum (ETH) initiates its bull market.

In a new strategy session, the host of InvestAnswers tells his 446,000 YouTube subscribers that Solana could go up to $250, an increase of more than 870% from its current price of $25.75.

According to the pseudonymous analyst, the rise of Solanas will likely be triggered by the Ethereums Cancun upgrade, which is expected to further improve the scalability of major smart contract platforms. Host InvestAnswers mentions a prediction made by Blofin, a crypto-financial services company that sees Ethereum rising to $9,700 after the update.

According to Blofin, they predict that after the Ethereum upgrade in Cancun, the price could exceed $9,700 per ETH in the first quarter of 2024. And of course, this is their most optimistic case.

The next question is always, Well, if Ethereum goes to $9,700, what is the price of Solana? I calculated it for you. It will be at least $250 if ETH reaches $9,700.

Remember that $9,700 from their current level is 5x higher and of course Solana is rising faster than ETH at this time.

While the host of InvestAnswers thinks Ethereum could rally back to $9,700, he doesn’t see the upside happening in the coming months.

Great to see $9,700 ETH. Maybe see well in the bull run. I doubt to see it in the first quarter of 2024, but maybe early 2025.

When it comes to Bitcoin (BTC), the anonymous analyst reiterates his prediction that the flagship crypto asset will surge more than 40% from current levels by early next year.

I said several times a few months ago, I wouldn’t be surprised if we had a target of $42,000 Bitcoin between January and April 2024.

Bitcoin is trading at $29,804 at the time of writing.

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