- A crypto trader is projecting SOL ($254.18)’s likely run to $600 in two months
- An unlock of over $2.5 billion in March could dent the altcoin’s market sentiment
Undoubtedly, Solana [SOL] has been this cycle’s highlight, fronting a 13x after rallying from $8 to nearly $300 in a record 18 months. In fact, some asset managers, like Bitwise, have projected the altcoin could top $750 by the end of the cycle.
That’s not all though. Bob Loukas, a renowned crypto trader, has joined the fray with a bold prediction of $600 in two months.
“My read on $SOL, feels like pressure building and once released, could run very quickly (<8 weeks) to $600. Price action & history, economic activity, narrative, phase of cycle, all support.”
For context, Solana is now the fastest and cheapest blockchain, compared to Ethereum. It has eclipsed Ethereum on key fronts apart from TVL (total value locked) – A trend that Delphi Digital believes could make it fli…
