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.
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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.
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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.
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Solana has surged by over 400% over the past 12 hours, leading the market to roll out more ambitious bets.
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