Former Ark Invest Analyst's Bold Solana Prediction: $1,000 Is Child's Play

Former Ark Invest analyst Chris Burniske made an ambitious price prediction of $ 1,000 for Solana, the world's 4th largest crypto asset.

Although the last bull of the cryptocurrency ecosystem did not meet expectations, the highest volumes were in meme coins on the Solana ecosystem. In bull markets where we see a different category come to the fore, the meme coin ecosystem, which is the star of this bull, has brought along many metrics with its pros and cons.

Solana, which stands out due to this popularity and high transaction volume, continues to top the charts, leaving even BNB behind in terms of transaction volume. New predictions were not delayed as Solana exceeded 190 dollars, which raised questions about whether a new ATH would occur by exceeding the 200 dollar level in the process.

In his latest analysis, former Ark Invest analyst Chris Burniske mentioned that after Solana exceeds the $ 200 threshold, ATH can easily reach $ 1,000.

The analyst, who based his prediction on Solana's potential and the movements he has been watching for a long time, stated that the $ 1,000 price prediction for Solana is not a distant expectation at all.

Technical indicators support the analyst, who stated that Solana expressed his prediction because the markets quickly recovered after the decline and decline and the part that occurred was close to the performance of the bull period. Considering the price movement and the movements observed on the chart, it is estimated that new increases may occur with the $ 200 level being exceeded.

The outlook for Solana is quite positive

While technical data indicate that Solana is in an upward trend, it is stated that exceeding $ 190 is one of the important resistance points. The next target is the $200 resistance level.