Discover 3 Solana-based tokens that have high potential to turn a $100 investment into $10,000 in October, backed by strong technical patterns and market growth.

The cryptocurrency market generally presents a bullish outlook in the fourth quarter, providing promising investment opportunities for potential buyers. Heading into October, here are three Solana-based tokens that could deliver massive returns, potentially turning a $100 investment into $10,000.

Top 3 Solana Tokens to Increase Your $100 Investment in October

According to Cryptorank, SOL prices have performed well in October, with an expected four-year average growth rate of 18.7%. This bullish narrative could drive a continued recovery in Solana-based tokens.

Dog Hat (WIF)

Dogwifhat (WIF) is a Solana-based meme coin known for its playful branding featuring a Shiba Inu wearing a skullcap. Despite low volatility on Tuesday, WIF price surged more than 15%, hitting the psychological $2 mark and breaking out of a falling wedge pattern.

The breakout marks the end of the corrective trend and supports a possible rally to $4, followed by a high of $4.8. According to Coinglass, the WIF funding rate surged to 0.0073%, indicating that buyers are ready to buy at a premium to hold the asset for the long term, indicating strong confidence in a future rebound.

Helium (HNT)

Helium (HNT) is a decentralized network designed for Internet of Things (IoT) devices, allowing low-power wireless devices to communicate over long distances.

Contrary to other Solana tokens, HNT price has been showing a steady recovery since the beginning of July 2024, with its value increasing from $2.93 to $7.36, an increase of 150%. Analysis of the weekly chart shows that this upward trend has contributed to the formation of a well-known reversal pattern, the cup with handle.

If this pattern holds, helium prices could surge 42% before hitting the critical resistance level of $10.48.

Jupiter (JUP)

Jupiter (JUP) is a decentralized exchange aggregator built on the Solana blockchain that aims to provide the best token exchange rates across various liquidity sources. Over the past three weeks, JUP prices have seen a V-shaped recovery, rising from $0.658 to $0.859, a 30% increase.

Similarly, Jupiter’s locked volume (TVL) surged 22.6% from $962.4 million to $1.18 billion. This growth indicates more capital in the JUP protocol and growing user confidence.

With continued buying, Juiper Coin price is 6% away from breaking out of the falling wedge pattern.