A widely followed analyst believes that Bitcoin (BTC) is in an uptrend, but one Ethereum (ETH) rival will likely outperform the flagship crypto asset.
In a new video, the analyst pseudonymously known as InvestAnswers tells his 565,000 YouTube subscribers that Solana against Bitcoin (SOL/BTC) is likely on the verge of an explosive breakout.
“SOL/Bitcoin chart is recovering. You can see it went on a huge parabolic move in the last bull run. Then we had the bear market, fell down to the bottom. We never got near that bottom again this time around, which is a very positive sign…
The pair was flat, which means that Solana was recovering at the same rate as Bitcoin. Then Solana went on a rampage… and then it chopped sideways … for basically the whole of 2024, and then it dipped early 2025 because fear of the unlock, and other crap like that. And here we are recovering back… So it is going to recover. I do believe from here, Bitcoin will do very well, but Solana is the faster horse.”
The analyst also says Solana may increase by more than 136% of its current value.
“Very likely we get back to all-time highs and approximately $300-plus, maybe $360.”
SOL/BTC is trading for 0.001608 BTC ($152) at time of writing.
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Featured Image: Shutterstock/Black Salmon/Tun_Thanakorn/PurpleRender
Read the full article here
Follow us on Google News to get the latest Updates
