Solana is aiming for $500, where is the next move for altcoins?

Solana could rise to $453

Despite the recent pullback in the price of Solana, it could be preparing for another price rally. An expected rise of over 54% could be in the works, which could open up space for another rise of over 93%, taking Solana to $453.

Last year, Solana’s price was predicted to rise to over $200, a goal that was achieved this year, reaching a year-to-date (YTD) high of $202. Although the price has fallen sharply from this high, Solana’s rise is not over yet, and is expected to surpass the current all-time high (ATH) of $260.

Future Price Prediction

Solana’s rise to $500 could make it the third largest crypto asset by market cap, behind only Bitcoin and Ethereum. A rise to $500 would be almost double the current ATH, and Solana and ADA would be vying for that position.

Solana’s technology is well suited to drive the next wave of cryptocurrency adoption. The upcoming airdrop could bring more liquidity and promote a price surge, just like when Jito and Pyth were airdropped. The continued high activity of meme coins on the network may help Solana become the third largest cryptocurrency.

Impact of network expansion

Solana has become the most important meme coin trading network, attracting a large number of new investors to the ecosystem. Continued network expansion may have a positive impact on Solana's price.

Currently, Solana is trading at around $146 and has fallen slightly in the past 24 hours, 0.2%.

Solana chain's MeMe is also unprecedentedly eye-catching. What new coins are you optimistic about? Mars, which was launched today, currently has a market value of 10,000 US dollars, a pool burn of 100%, a black hole of 20%, and can also be staked for mining. Musk also tweeted that it may be the next Golden Dog, a Middle Eastern project party, what do you think?