Bitcoin (BTC) is expected to witness a massive spike over the next few months. While some were betting on the king coin reaching the $80K mark, others were more ambitious by suggesting a potential rise to $100,000. Amidst this increase, other assets in the market, including Solana (SOL), could also surge.
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Solana’s Current Price Level & Market Volatility
With an 11% price increase over the last week, Solana has been the highest-performing cryptocurrency among the top assets. According to recent data, it temporarily surged to $178 on October 24, the highest amount in over three months. SOL’s current market value is well over $80 billion, trading at $173.14 at press time.
At press time, Bitcoin was trading at $67,994.23, following a 1.22% spike over the past 24 hours. At King Coin’s current price, it is nearly 8% below its all-time high of $73,750.07. BTC will have to rise by 47% to attain the $100,000 mark.
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When Will BTC Hit $100K?
According to data from CoinCodex, Bitcoin will surge to a high of $100,000 sometime in 2025. But investors won’t have to wait too long, as it will reach this milestone in the first month of the coming year.
It isn’t surprising that altcoins will follow in Bitcoin’s footsteps. Most market assets are expected to surge when BTC rises towards the $100,000 mark.
It looks like Solana will take longer to reach the $200 mark. CoinCodex revealed that SOL will surge to a maximum price of $190 when BTC reaches $100,000. Several believe that SOL will aim for $200 by 2025. Sadly, the asset will attain this level much later this year.
Solana has surged by over 400% over the past 12 hours, leading the market to roll out more ambitious bets.
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