Bullish Signal for Solana Alternative as XRP, Chainlink Outlook Shifts: Van de Poppe

Cryptocurrency analyst Michaël van de Poppe has shared an optimistic view on a competitor to Solana , while also providing insights on XRP and Chainlink ( LINK ). At the forefront of his analysis is Sei ( SEI ), which Van de Poppe describes as "looking juicy" at its current price level, signaling potential bullish movement.

Van de Poppe, who commands a large following on social media platform X with 759,100 followers, suggests that SEI could experience a significant rally, potentially increasing by approximately 74% from its current valuation.

The analyst highlights SEI’s potential to capitalize on its expanding ecosystem, noting it is at a cyclical low against Bitcoin.

He predicts that SEI might undergo a final correction at the support zone around $0.4 before surging upwards to $0.70. At the time of his analysis, SEI is valued at $0.403.

Turning attention to XRP, Van de Poppe observes that this fourth-largest cryptocurrency by market capitalization is undergoing a phase of consolidation. He advises that the most strategic entry points for long positions are at higher time frame support zones close to $1.82, forecasting these levels will be retested. Presently, XRP is priced at $2.17.

Finally, Van de Poppe comments on Chainlink, noting that it has commenced an upward trend.

Despite this positive movement, he points out that the valuation of Chainlink against Bitcoin remains notably low, but he foresees considerable upside potential for LINK by 2025. The current market price for LINK is $20.15.