People are grossly underestimating how high Solana will go.
Solana is the first blockchain that is being globally adopted at scale.
At this point in the cycle with Ethereum last cycle, ETH was proving itself unable to handle increasing load.
TLDR- RAISE YOUR $SOL TARGETS.
Solana unlocks have been out for a couple hours now
Here’s what I think will happen
Some selling of course but not as big as most think
When they realize it won’t be as big as they think they will remember solana is down 60% in a month and just got listed on CME
Pump $200+
🚀 FACT: SOLANA IS STILL DOMINATING! 🚀
🔥 $8.2B TVL – Liquidity is FLOODING IN
📈 $24B+ Weekly Volume – Traders are FEASTING
👥 2.9M Active Addresses – The Chain is BOOMING
💥 27% of ALL DEX Volume – The #1 Chain for On-Chain Trading
RESIST THE FUD! ⚔️ EMBRACE THE STATS! 💯
@Solana & @SolanaNew – LET'S GET THIS VIRAL! 🔄🔥
@solana_devs, double down on BUIDLing!!! 🏗️
🚨SOLANA FUD IS NOT REAL🚨
- We have more users than all chains combined
- We have more DEX volume than any other chain
- With Firedancer we will have more TPS than all chains combined
Solana is a blackhole that will absorb all attention and liquidity this cycle.
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BTCUSD
Bitcoin continues to consolidate between R2 and S1 as expected. The asset is now bullishly building a base above its 2021 cycle highs while resetting sentiment, thus refueling before initiating its next impulsive move to the upside. Axe Edge Members have been well aware and ahead of the herd throughout this correction.
▪️Macro bull flag target 120k - 130k ⏳
▪️Sentiment reset ☑️
▪️Weekly oscillator reset ☑️
▪️Critical moving averages rising and closing the gap in price ☑️
▪️No changes to critical support and resistance levels
I will return to the office tomorrow to post a new weekly market update. Cheers ⚒️
VanEck Predicts Solana Could Reach $520 In 2025
Solana has completed a full year without network outages, with asset manager VanEck predicting SOL could hit $520 by the end of 2025. The firm cites Solana’s growing market share in smart contract platforms, rising DEX volumes, and increasing adoption. VanEck estimates a $250 billion market cap for SOL, driven by expanding institutional interest, including ETF filings and Coinbase’s planned Solana futures trading.
Source: Decrypt
It def has to feel this way in order to move higher. Even crazier that people already feel market is done when it’s literally only been an 11% pullback from the highs 🤔
#BTC $BTC