Renowned crypto analyst, operating under the pseudonym Inmortal, has recently brought Solana (SOL) into the limelight, foreseeing a remarkable surge in its value that could rival even Ethereum (ETH). With a sizable following of over 207K on the social media platform X, Inmortal has shared a bold vision suggesting Solana could experience an astounding increase of more than 340% from its current valuation by the year 2025.
Solana’s Potential Ascendance
Drawing parallels to Ethereum’s meteoric rise in 2021, soaring from $80 to $4500, Inmortal envisions a comparable trajectory for Solana. His projection suggests that SOL, currently priced at $8, could soar to an impressive $450 by 2025.
Ethereum vs. Solana: Short-Term Speculation
Despite his long-term optimism for SOL, Inmortal anticipates Ethereum might outshine Solana in the short term. He speculates that ETH could outperform SOL in the upcoming months before SOL reclaims its leadership position.
Key Resistance-to-Support Conversion
Inmortal closely monitors Solana’s capacity to convert critical resistance levels into support, identifying significant price targets at $120-$130, followed by $190-$200. These levels are deemed pivotal, suggesting that Solana’s price might fluctuate significantly between these key points, presenting a volatile yet potentially lucrative journey for investors.
Solana’s Current Performance
At present, Solana trades at $104.63, reflecting a 3.51% increase over the last 24 hours. This positive trend aligns with Inmortal’s bullish forecast for the cryptocurrency.
Beyond Solana: Insights into Bitcoin and Memecoins
In addition to his predictions for Solana, Inmortal extends his insights to Bitcoin, forecasting a retest of the $47,000 mark in the coming week and an anticipated surge beyond $53,000 in early March. He adopts a patient stance, refraining from short positions and opting to wait for favorable market developments.
Furthermore, Inmortal delves into the meme coin sector, anticipating that Floki (FLOKI), a dog-themed cryptocurrency, will likely outperform its rival, Dogecoin (DOGE). Contrary to the conventional trend where DOGE leads, Inmortal predicts that Floki will take the lead in this cycle, suggesting a shift in the memecoin hierarchy.
