Solana's TVL has increased significantly, and the price rally is based on solid fundamentals.
PEPE Coin is targeting the $0.00002288 and $0.00002694 levels.
Shiba Coin can reach $0.00002528.
Bitcoin is moving towards new daily highs, but it is too early for investors to rejoice before the daily close. Altcoins are on the rise again and perhaps Bitcoin will reach a new high above $108,000 before the end of the year. There are both optimism and negative expectations for 2025. So, what are the latest predictions for Solana, Shiba Coin and PEPE Coin?
Solana (SOL)$SOL
The total locked value (TVL) on the Solana network has risen above $8.51 billion. After the FTX crash, we saw TVL fall below $250 million, but this year saw a new peak of $9.44 billion. This shows that liquidity and investor interest on the network are returning to 2021 levels. The rise SOL Coin has experienced since the days it fell below $9 has been quite remarkable. Currently, SOL Coin is targeting $200. After testing the support level at $178, SOL Coin has started to rise again. After this level, the price of SOL Coin is expected to exceed $210 and move towards $224. These targets will follow $246 and $260 respectively, and eventually a new ATH (all-time high) above $300 will be targeted. If the meme coin craze breaks out again on the Solana network in January and new investors pump in liquidity, SOL Coin’s rise could be much faster.
With Ethereum reaching $3,475.8, this rise is expected to positively affect PEPE, the largest meme coin on the network. After testing the $0.00001449 level, PEPE Coin$PEPE
Similar to other cryptocurrencies, it has started targeting resistance levels. If it continues to close above the $0.0000189 level, the popular meme coin may focus on the $0.00002288 and $0.00002694 levels. A possible quick retracement in ETH price could support this rally. Ethereum has remained below its ATH level for a long time and according to historical data, the rally is expected to start in 2025.
Shiba Coin$SHIB
is still the second largest meme coin and has increased by 6% recently. Although there are many alternatives in the meme coin space, Shiba Coin's efforts to build its own ecosystem cannot be ignored. After testing the parallel channel support at $0.00002087, Shiba Coin is expected to target the $0.00002528 level. If the momentum continues, the $0.00002943 resistance may come to the fore.