A new Solana price has recently been reported and there are updates on the coin and LINK as well. A popular crypto analyst believes that Solana (SOL), which competes with Ethereum (ETH), will increase by more than 10 times in 2025.
SOL new prediction for 2025 is out
Inmortal, a pseudonymous crypto trader with 194,800 Twitter followers, predicts that SOL will reach $250 in 2025.
Currently, SOL’s trading price is $23.34, so hitting Inmortal’s target would result in an increase of over 971%. However, Inmortal does anticipate SOL dropping below $20 in the coming months before continuing its uptrend.
“$20 before $40 SOL.”
The analyst is closely monitoring the decentralized oracle network, Chainlink (LINK), and predicts that there will be a significant increase in its value after more than a year of accumulation. The analyst is not surprised by the impending LINK pump because it is significantly undervalued and has experienced over 400 days of accumulation, which is a textbook deviation. You are welcome.
Based on the trader’s chart, it seems that they predict Chainlink will experience a significant increase in value and reach close to $20. Currently, LINK is trading at $7.59.
In addition, Inmortal believes that Bitcoin (BTC) could potentially reach its all-time high (ATH) of around $69,000 in the second half of 2024, if it follows the pattern of its previous market cycle.
According to their analysis, we would currently be past the mid-cycle rally and have approximately 467 days left to return to previous ATH levels.
SOL price could rise by more than 870%
A well-known cryptocurrency expert has made a prediction regarding the value of Solana (SOL).
According to this analyst, once Ethereum (ETH) begins an upward trend, Solana could approach its highest-ever value. In a recent strategy session that was shared with his 446,000 YouTube subscribers, the host of InvestAnswers explained that Solana has the potential to reach $250.
This represents an increase of over 870% from its current value of $25.75. The analyst, who chose to remain anonymous, believes that Solana’s rise will likely be triggered by Ethereum’s Cancun upgrade.
This upgrade is expected to improve the scalability of the smart contract platform. During the strategy session, the InvestAnswers host also addressed Blofin’s prediction that Ethereum could reach $9,700 after the upgrade.
