Solana (SOL) Forecasted to Reach $150: Here’s When

Vignesh Karunanidhi
Solana (SOL) Forecasted To Hit $235: Here's When

Popular analyst Austin Hilton recently made a bold Solana price prediction, suggesting the altcoin could soar to $140-150 soon. He shared his upbeat outlook in a YouTube video analyzing the cryptocurrency’s market traction. Hilton highlighted Solana’s stellar performance over the past 15 days, surging 14% in value.  

Regarding price activity, he noted SOL registering a one-day gain of almost 3% and a 7-day upside exceeding 15%. This building momentum, coupled with rising capital inflows into crypto, has prompted a potential target of $140-150 for Solana by the end of February.

Also read: Cardano (ADA) Could Hit $1; Here’s The Timeline

Source: CoinGecko

Will Solana hit $150 by February end?

The prediction ties into Hilton’s bullish take on overall market sentiment currently, with total crypto market capitalization surpassing the landmark $2 trillion level once more. He cited Bitcoin’s rally back above $52,000 and surging demand for Bitcoin ETF products as key drivers aiding major altcoins like Ethereum and Solana too.

Moreover, Solana SOL continues to gain ground rapidly in the crypto rankings. Having surpassed Binance Coin (BNB) for a brief period, it cemented itself as one of the top 5 crypto by market value.

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With SOL’s market cap hitting such key milestones, Hilton believes now seems like an opportune moment for investors to consider rotating funds into Solana. The positive momentum and technical indicators all reinforce his confident outlook on continued upside.

Hilton closed by encouraging viewers to capitalize on the potential gains he expects to materialize in the coming weeks if prevailing trends hold up. Citing the various bullish signals at play currently, he firmly reiterated his optimistic stance on Solana hitting the $140-150 range shortly.

Riding high on strong adoption and developer activity, Solana looks poised to keep outpacing the broader market if incoming capital flows persist.