$SOL & $DOGE Expected To Take Bronze And Silver For Gains This Bull Run - CoinPedia Analytics
SOL and DOGE are gaining significant attention as the crypto market gears up for a potential rally.
Solana, currently priced at around $255, is seeing impressive on-chain activity and high trading volumes. Its partnerships with major players like Shopify and Visa, along with the rapid growth of decentralized applications (dApps), have made it a top pick for investors seeking altcoins. With Solana leading the blockchain in transaction volumes and DeFi trading, analysts predict it could reach $300 by the end of the week, marking a potential 56% upside from current levels. However, the $250-$260 resistance remains a key hurdle.
On the other hand, Dogecoin (DOGE) has experienced a massive 174% surge in November, fueled by increased network activity and whale accumulation. Despite the optimism, reaching $2 would require a market cap increase of over 400%, a challenging feat without favorable conditions. Short-term targets suggest Dogecoin could hit $0.45 or even $1, but the journey to $2 remains uncertain.