As the crypto market gears up for another bull run, an analyst has been bullish about the Solana price, hinting at a breakout to $1,400. The crypto analyst also pointed to an Ethereum token, ETFSwap (ETFS), as one of the altcoins that will make the next crypto millionaires as its presale gains more traction in the crypto market. This article discusses the reason for crypto analysts’ optimistic sentiment on ETFSwap (ETFS) and Solana’s price. 

Solana Price Eyes Breakout To $1,400

According to a crypto analyst identified as “Titan Of Crypto” on social media platform X (formerly Twitter), Solana’s price could see a breakout to $1,400. The crypto analyst revealed this information in an X post on October 14, 2024, analyzing a Solana (SOL) chart, indicating the Solana price movements since 2023. After careful analysis, the analyst identified a bull flag pattern for the Solana price, which could trigger a major rally for Solana (SOL) in the coming weeks.

 According to the analyst, the bull flag pattern on the Solana price chart started to form before October 2024 and will eventually complete its formation in October 2025. The analyst believes that if Solana (SOL) successfully forms this pattern, the Solana price could hit a high of $1,429 by 2026. The crypto analyst also included that if the Solana price can surge to the projected price, Solana’s (SOL) current market cap of about $72 million could surge 2x; according to CoinGecko, the Solana price currently trades above $2,600, ranking 5th in the crypto market. 

ETFSwap (ETFS) Prepares For 6000x Surge

ETFSwap (ETFS) is an Ethereum-based crypto ETF trading platform that bridges the gap between Decentralized and traditional finance with tokenization. As a crypto ETF trading platform, ETFSwap (ETFS) is reshaping how crypto community members interact with exchange-traded funds (ETFs) by introducing a tokenized version of such assets. The tokenized ETFs on ETFSwap (ETFS) directly represent traditional ETFs on the blockchain, allowing investors of all portfolio sizes from different regions to invest in assets like Gold, cryptocurrencies, and stocks at an affordable rate. 

Compared to traditional ETFs, traders can convert tokenized ETFs to other cryptocurrencies and purchase them with crypto. Traders can increase their profit position by 50x when trading tokenized ETFs on the platform’s derivative trading arm. They can also amplify their portfolio with fractional ownership. In addition, ETFSwap (ETFS) features zero-knowledge proofs, a DeFi protocol that protects the privacy of each user, enabling them to remain anonymous when carrying out transactions. 

Further, as a decentralized platform, ETFSwap (ETFS) users will not need authorization from any third party as they can execute transactions with the help of smart contract functionality on the network. ETFSwap (ETFS) recently announced plans to launch phase 1 of its much-anticipated beta platform. In phase 1, users can access staking functionalities, live ETF prices, and swapping features. After the announcement, there was much buzz in the crypto market as investors began to shift investments into ETFSwap (ETFS) by joining its ongoing presale event. 

In this presale, ETFSwap (ETFS) offers its native token ETFS to everyone at a pocket-friendly price of $0.03846. The platform native token, which functions as a standard ERC-20 token of the Ethereum network, powers the network and grants access to all its functionalities. Therefore, only users who hold the Ethereum token can trade tokenized ETFs and participate in testing out the beta platform. Users who hold this Ethereum token will also gain added perks like exclusive investment opportunities and early access to all new ETF listings on the platform. ETFSwap (ETFS) also offers up to 87% APR as staking rewards for users who stake this Ethereum token on its staking pool. 

Conclusion 

As the Solana price gears for a massive breakout to $1,400, analysts are also confident that ETFSwap (ETFS) will soon surge by 6,000x in the coming months. Early investors who make hay while the sun shines by buying this Ethereum token will secure their chances of recording massive yields on their investments. Interestingly, this Ethereum token has also been listed on the asset-tracking platform Coinmarketcap. So don’t delay. Buy ETFS today!

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The post Solana Price Breakout: Analyst Says Bull Flag Will Send SOL To $1,400, Only This Ethereum Token Will Perform Better With 6,000x Gains In 2 Months appeared first on TheCoinrise.com.