An cryptocurrency strategist has taken notice of Solana (SOL) predicting its value to skyrocket.
The analyst, known by the pseudonym Inmortal, has shared with his over 207 thousand followers on social media platform X that Solana could experience an astonishing over 340% increase in value compared to its current price by 2025.
Comparing to Ethereum’s notable recovery in 2021 when ETH’s price surged from $80 to $4500, Inmortal envisions a similar trajectory for Solana.
He suggests that SOL could jump from $8 to an impressive $450 by 2025.
Despite this long-term optimism for SOL, Inmortal predicts Ethereum could be superior to Solana in the short term. He speculates: “ETH has a good chance to outperform SOL in the coming months. After that, SOL will be the leader again.”
According to him, the important resistance levels for SOL are set at $120-$130, followed by $190-$200.
At the time of writing, Solana is trading at $104.63, marking a 3.51% increase in the past 24 hours.
