Analyst Says I Expect 800 Percent Increase In This Ethereum Rival Altcoin, Explains The Reasons!

Investors cryptocurrency while aiming to earn more from its investments, it is more altcoinWe see it heading towards

In this context, analysts share altcoins that they see more increase potential.

Finally InvestAnswers Host of YouTube channel, biggest altcoin Ethereum (ETH) one of its strongest rivals Left (LEFT) forecasted an increase.

Commenting on SOL’s price movements to 444,000 YouTube subscribers in a recent video, the crypto analyst said that the rapid adoption of Solana LEFTHe said he could raise his ATH to $260.

“Solana is trading at less than 1/16th of Ethereum’s market cap.
Combined with the widespread adoption of Solana and the large number of transactions, I believe SOL will achieve breakthrough value.

I think it will reach 20% of the market value of ETH in the very near future.”

Biggest cryptocurrency first in the next bull market Bitcoin (BTC) and EthereumStating that . will rise, the analyst said that the altcoin rally will begin after that.

“As the market recovers, first Bitcoin, then Ethereum will recover. After that, I believe the money will be transferred to altcoins.

And an altcoin to which a lot of money will flow will be Solana. Solana can go for a very high price, which means an 825% increase.

So basically you only make 3x more money investing in Solana than Ethereum, but it’s riskier. “

Answering the question of whether Solana is likely to rise to the all-time high of $ 260 again, the analyst said, LEFTHe said he believes the .

The analyst, who opened a parenthesis here, underlined that Solana should not experience any more network interruptions and solve all her problems.

Finally, the analyst drew attention to the high competition in the market and “But there is competition. And there are new altcoins like Aptos (APT). In this context, I believe that part of the reason for the weakness in layer-1s last week was Aptos, the so-called SOL killer.” said.

Solana, which is far from its $260 ATH due to the bear market effect, is trading at $28.74 at the time of writing.