Solana Poised for Big Gains as Analyst Spots Bullish Pattern
A crypto analyst with a strong following suggests that Solana (SOL) could nearly double in value based on its current market pattern.
According to trader Ali Martinez, SOL is moving within an ascending channel, a formation that typically indicates upward momentum.
Martinez points out that Solana is maintaining support along the lower boundary of this pattern, which could pave the way for a rise toward $387. With SOL currently trading at $201, this would represent a potential 92% increase.
Beyond price action, Martinez highlights Solana’s strong network activity, noting that over 5 million new addresses are being created daily—a sign of increasing adoption.
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Bitcoin’s Final Surge? Economist Predicts Massive Crypto RallyShifting focus to Bitcoin, Martinez observes that more than $6.79 billion worth of BTC, or roughly 70,000 coins, have been withdrawn from exchanges in the past week. This trend often signals growing confidence among long-term holders.
