In a new video update, Guy Turner, host of popular YouTube channel Coin Bureau, shared his analysis on the current state of smart contract platform Solana (SOL). With over 2.45 million subscribers, Turner highlighted that Solana’s weekly and monthly charts were showing bullish signs, suggesting a potential 35-45% rally above $300, thus outperforming its rival. Surpassed Ethereum (ETH).
Turner also noted that Solana is showing positive performance against Bitcoin (BTC). He noted that given the upcoming Bitcoin halving event in April, the expected rally in the price of BTC could further boost Solana. This would lead to a potential 35-45% increase in the price of SOL against BTC, taking it above the $300 milestone.
The analyst also highlighted the importance of the four major milestones planned by the Solana Foundation. These milestones include the expansion of token extensions, the launch of new validator clients, increased institutional support, and a call for developers to take advantage of all the tools available on the Solana network.
Despite a 5% decline in the last 24 hours, SOL is currently trading at $181.55. However, Turner stressed that this improvement may be temporary and that Solana still has great potential in the near future.
In summary, Turner’s analysis of Solana suggests a positive outlook for this smart contract platform, with the potential for a strong rally in its price driven by a number of factors, including the upcoming Bitcoin halving event and major milestones set by the Solana Foundation. .
(TagstoTranslate)Guy Turner(T)SOL(T)Solana
My Dream Ranch Android and IOS free downloadMy Amazing Ranch free download mobile game is…
Prince of Persia: Two Thrones Free Download for PC (Full Version)Prince of Persia Two Thrones…
Grand Theft Auto III updated version free downloadGTA 3 (Grand Theft Auto III) is an…
Rain World PC Version 2024 Free DownloadYou are an ant. The world around you is…
Crusader Kings II latest version free downloadCrusader Kings II is an excellent strategy game in…
Junkyard Truck PC version free downloadJunkyard Truck is an open world simulation video game. Junkyard…