A crypto analyst is betting on Solana (SOL) to outperform Ethereum (ETH) when the crypto market’s next bull run arrives.
Solana’s Recent Performance
Inmortal Crypto, a popular analyst with a large following on X (formerly Twitter), points to Solana’s recent performance as a key indicator. During April’s market bounce, SOL saw a significant price increase of roughly 65%, compared to ETH’s 33% gain. This, Inmortal Crypto argues, suggests a continuing trend.
Price Predictions
The analyst predicts that SOL could reach $330 after a potential retest of the $100 support level. Meanwhile, they believe ETH is poised for a breakout after retesting the $1,500 mark, mirroring a pattern from late 2024.
The Analyst’s Take
Inmortal Crypto suggests that those who don’t recognize the potential of Solana now might regret it later. They highlight the significant difference in performance between the two cryptocurrencies during the recent market uptick as a strong signal for future performance.
Current Market Prices
At the time of writing, Solana (SOL) is trading around $151, while Ethereum (ETH) is at approximately $1,791.
Disclaimer: This information is for general knowledge and discussion only, and does not constitute investment advice. Always conduct your own thorough research before making any investment decisions.
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