SOL portends a big rise: clear cup-handle pattern, Solana to launch 90% expected offensive

With ETH continuing its upward trend as the SEC may approve the spot Ethereum ETF application, Solana (SOL) is also expected to move higher. SOL has the potential to approach its all-time high and break through $260, with a future target price of $453. It is expected to reach $600 this year and may rise to $750 next year. SOL is expected to become the new Ethereum in this cycle.

ETH was one of the biggest gainers in the last bull run, with its price more than tripling to a current high of $4,891. Ethereum's rise is due to its decentralized finance (DeFi) utility, with many DeFi projects leveraging the network. Therefore, Solana can undoubtedly enjoy the same honor as Ethereum in 2021.