A crypto market expert has expressed bullish optimism for Solana (SOL), predicting that the cryptocurrency is currently on track to replicate Ethereum’s historical rise to new highs. As a result, the expert foresees SOL hitting new all-time highs of $1,000 this bullish cycle. Solana Sets Sights On $1,000 On August 12, a crypto analyst identified as ‘Kaleo’ on X (formerly Twitter) shared his optimistic expectations for Solana’s future outlook during this bull market. Kaleo observes that the Solana’s price chart was currently replicating a pattern previously seen in Ethereum in late 2020. Related Reading: Bitcoin Risks Further Decline As Bearish Death Cross Returns Comparing Solana’s market movement with that of Ethereum at the time, the analyst disclosed that SOL may be following a similar growth trajectory to Ethereum’s past performance in the last cycle. He noted that Ethereum had experienced a significant price increase in 2020, eventually reaching new all-time highs. Based on Solana’s current price movements, Kaleo predicts that the cryptocurrency could reach a reasonable target of $1,000 during the present bull market. This potential price inc ..
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