Breaking💥! Solana Appears to Repeat the Move That Led to a 980% Increase in 2021, Says Analyst

An analyst widely followed in the crypto community believes that Solana (SOL) might be repeating a pattern observed three years ago, just before the smart contract platform reached its all-time high.

The pseudonymous analyst Inmortal shared with his 214,700 followers on the social media platform X that Solana seems to be exhibiting a series of ascending highs and lows on the two-day chart. This comes after SOL briefly surged above $200 earlier this year.

According to Inmortal, SOL demonstrated the same pattern between the second and third quarters of 2021, shortly before beginning a parabolic surge from $24 to its historical peak of $259, representing an increase of over 979%.

"Time is a flat circle. SOL," declared the analyst, suggesting that SOL could be on its way to a new record around $500.

At the time of writing, the SOL token is priced at $161. Therefore, if the prediction materializes, Solana will record a 210% increase.

It's noteworthy that Solana has risen nearly 3% in the last 24 hours and about 13% in the past 7 days. This surge comes amid a broader recovery in the crypto market.

In addition to Solana, the analyst also expressed optimism about Beam (BEAM), a gaming-focused altcoin. He shared a chart suggesting that BEAM will rise above $0.03 after reclaiming support at $0.016. At the time of this article, the BEAM token is priced at $0.0175.

The analyst also commented on the native asset of the TokenFi (TOKEN) protocol, which focuses on the tokenization of real-world assets (RWA). He believes the altcoin is showing a bullish setup after reclaiming support at $0.08.

"If the ETH ETF is approved this week, tokenization/RWA plays should fly, in my opinion. TOKEN is one of my favorites. Price above the key level, deviation setup, leading the sector," stated the analyst.

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