The cryptocurrency market has attracted attention with a fast and eventful start to 2025. Solana (SOL) and another popular altcoin have been on analysts' radars. The liveliness in this market offers new opportunities to investors. These two altcoins, especially those based on strong fundamentals, are among the most ambitious crypto assets of the year. So, are these two popular cryptocurrencies really preparing for a big rally?
Cardano: Is $7 Target Realistic?
Crypto analyst Javon Marks has made a bold prediction for Cardano (ADA). Marks expects the price of ADA to rise to $7. He bases this prediction on the strong recovery Cardano has shown in the past period. Marks stated:
"ADA has the potential to rally to $2.77. If it breaks this level, it could reach a target of $7.8."
This prediction is based on Cardano’s performance in the previous bull cycle. Analyst Ali Martinez believes that ADA will reach $4 in a few weeks. Martinez said that this rise is reminiscent of the big rally in 2021 and that “if Cardano continues this momentum, we could see a bigger jump.”
Is a Strong Move Expected in Solana?
Solana is showing signs of a strong recovery in the first days of the new year. After a 33% drop in the past month, SOL has gained 6.25% in the last few days. Currently trading at $217.60, Solana has broken through a critical resistance level.
Analysts predict that Solana could surge 22% to new all-time highs if it stays above $210. However, according to Coinglass data, there is still selling pressure among long-term investors. It was reported that $201.69 million worth of SOL was withdrawn from exchanges in the last three days. This could lead to a sudden sell-off in the market.
Cardano and Solana's Movement
While these developments in Cardano and Solana have created great excitement among investors, it is emphasized that external factors should also be monitored carefully. In particular, concerns about the new health crisis in China may increase volatility in the markets. It is important for investors to be cautious during this period.
Cardano has a high potential to reach $7 and Solana to climb to new heights. However, how sustainable these increases will be will depend on the market’s movements in the coming days.