Analyst Predicts Surge for Ethereum Rival Solana, Cautions on Gaming Token Beam

A popular crypto analyst has shared his bullish views on Solana (SOL), an Ethereum competitor, and provided an update on the gaming altcoin Beam (BEAM).

Solana (SOL)

Altcoin Sherpa believes Solana has potential for significant gains. He advises buying within the range of $168-$208 and holding for the next few months. Solana is currently trading at $187.

Beam (BEAM)

Sherpa remains optimistic about BEAM, but warns that it could drop by 17% if a key support level fails. He is not planning to sell anytime soon. BEAM is currently trading at $0.0316.


Ethena (ENA)

Sherpa also commented on Ethena (ENA), a synthetic dollar protocol. He expects it to pull back significantly in the future, but advises buying dips in the short term. Ethena is currently trading at $1.11.