Solana (SOL) Expected to Hit $150: What to Expect Then
Well-known analyst Austin Hilton recently made a bold prediction for Solana price, suggesting that the alternative coin could soon surge to $140-150. He shared his optimistic outlook in a YouTube video analyzing trends in the cryptocurrency market. Hilton highlighted Solana's stellar performance over the past 15 days, with its value rising 14%.
Regarding price activity, he noted that SOL registered a single-day gain of nearly 3% and a seven-day gain of over 15%. This growing momentum, coupled with increased inflows into the cryptocurrency market, triggered Solana to reach a potential target of $140-150 by the end of February.
Can Solana reach $150 by the end of February?
This prediction closely aligns with Hilton’s current view on overall market sentiment, with the total cryptocurrency market capitalization once again crossing the $2 trillion milestone. He cited Bitcoin's renewed rise above $52,000 and surging demand for Bitcoin ETF products as key drivers helping major altcoins such as Ethereum and Solana.
Additionally, Solana SOL continues to rise rapidly in the cryptocurrency rankings. After briefly surpassing Binance Coin (BNB), it has solidified itself as one of the top 5 cryptocurrencies by market capitalization.
With SOL's market capitalization reaching these key milestones, Hilton believes now appears to be a favorable time for investors to consider moving funds to Solana. Positive momentum and technical indicators both reinforce his confident outlook for continued gains.
Hilton concluded by encouraging viewers to take advantage of the potential gains he anticipates may occur in the coming weeks. He firmly reiterated that various bullish signals currently exist, making him optimistic that Solana will reach the $140-150 range soon. With strong adoption and developer activity, Solana looks set to continue to lead the overall market if incoming funding flows persist.
