Solana Price Prediction: Why Does This Analyst Believe Solana Is About to Hit $264 and Then Shoot...
The post Solana Price Prediction: Why Does This Analyst Believe Solana Is About to Hit $264 and Then Shoot for an ATH? appeared first on Coinpedia Fintech News
Solana is showing signs of recovery and analysts are spotting an upward trend as buyers hold key support levels. If this momentum continues, there could be more growth. We’ll cover the predictions in detail below.
We’ll also talk about PlutoChain ($PLUTO), a cutting-edge hybrid Layer-2 solution for Bitcoin that could make it more useful for everyday payments and new applications.
Here’s what you need to know about these projects.
Solana Price Prediction: Can Solana Reach $264 Soon and Push for a New All-Time High?
Right now Solana is trading at around $190.37, down 2.13% in the last 24 hours. The price has ranged between $189.96 and $195.91 during this period. Solana’s current market cap is approximately $93 billion.
Solana has been showing signs of recovery after a rough month and gaining some momentum in the past week. Analysts believe this uptrend could continue, with the potential for a significant price surge if key levels hold.
Crypto expert Ali Martinez points out that Solana is following an upward trend within a parallel channel. This means that despite recent dips, the overall movement suggests steady growth.
The price recently bounced off a key support level, which could indicate that buyers are stepping in to push it higher.
If this trend continues and Solana breaks through resistance, it could climb even further. However, if it falls below the current support, the next major level would be crucial in determining whether the rally can continue.
Another analyst GeryCat predicts that Solana will rise to at least $250, with an ideal target of $300.
PlutoChain ($PLUTO) Is the High-Speed, Low-Cost Hybrid Layer-2 Solution That Could Turn Bitcoin Into a Scalable and Versatile Ecosystem
With only about seven transactions per second and confirmation times that can stretch to 10 minutes or more, Bitcoin often feels too sluggish and expensive for small purchases or fast payments—especially when network congestion drives fees even higher.
Fortunately, PlutoChain ($PLUTO) might be able to fix these issues. As a Layer-2 solution, it could make Bitcoin faster, cheaper, and more versatile. By processing transactions off the main Bitcoin chain, PlutoChain could reduce congestion and enable near-instant confirmations.
With block times of just two seconds, it could turn Bitcoin into a practical option for everyday spending, cross-border payments, and microtransactions.
Lower fees are another major benefit. Right now, Bitcoin’s high costs make sending small amounts impractical. PlutoChain could help cut transaction fees and make Bitcoin transfers more affordable for both individuals and businesses.
But, PlutoChain isn’t just about payments. It’s Ethereum Virtual Machine (EVM)-compatible, meaning developers could build DeFi apps, NFT platforms, and other blockchain tools on top of it. This could unlock a whole new world of use cases for Bitcoin beyond just being a store of value.
PlutoChain’s testnet has processed over 43,200 transactions in a single day, which showcases its ability to handle high demand and scale efficiently. Security is also a priority. PlutoChain has been audited by SolidProof, QuillAudits, and Assure DeFi to ensure a strong defense against vulnerabilities.
It also introduces decentralized governance and allows users to vote on upgrades. This could give the community more control over Bitcoin’s future. With faster transactions, lower fees, and expanded functionality, PlutoChain could be the key to making Bitcoin more practical and powerful than ever before.
Closing Thoughts
Solana continues to climb on an upward trend. Analysts are optimistic about a potential breakout as buyers hold strong at key levels.
Meanwhile, PlutoChain might tackle Bitcoin’s biggest challenge—scalability. With faster transactions, Ethereum compatibility, and decentralized governance, it could do more than just speed up Bitcoin.
It could turn it into a versatile, community-driven ecosystem and expand its use beyond just an asset for holding wealth.
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Disclaimer: It’s important to note that participating in presales carries risks, including market volatility and potential project delays. Please conduct thorough research, understand the risks of market volatility, and seek professional advice before engaging with any blockchain project. Future-oriented statements are speculative and may not be modified.
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Life runs through multiple cycles of happiness and sorrow.
We take both cycles very differently— we consume happiness, and sorrow consumes us.
We want the happiness cycle to stay permanent, and the sorrow cycle to be temporary.
Each long happiness cycle makes us believe it will last forever, which puts us in a state where sorrow consumes most of us whenever it arrives.
Each sorrow cycle consumes us in a way that makes us lose hope for happiness, and when the cycle shifts again, we take lessons from our recent sorrow.
We try to consume happiness less than we initially did, knowing the cycle could change at any moment.
When sorrow returns, we build a resistance that doesn’t allow it to consume us the way it did the first time.
After going through multiple cycles, you reach a state where the intensity of your emotions remains the same in both. You accept both as temporary— so you stop caring about their short-term impact and don’t swing emotionally as you once did.
You adapt, just as seasons change from winter to summer, embracing the qualities of both.
Through these shifts, you grow, learning to embrace change rather than resist it.
Would you say you've reached this state, or are you still in the process?
Consensys and SEC Reach Agreement to Dismiss MetaMask Securities Case
Ethereum co-founder and CEO of Consensys – Joseph Lubin – announced that Consensys and the US Securities and Exchange Commission (SEC) have reached an agreement in principle to dismiss the securities enforcement case concerning MetaMask.
The case, which targeted Consensys’ popular cryptocurrency wallet, is expected to be formally closed pending approval by the agency.
SEC Ends MetaMask Probe
Lubin took to X to express satisfaction with the outcome and stated that while Consensys was prepared to fight the lawsuit to its conclusion, the resolution marks a positive development for blockchain software developers.
The announcement follows a series of similar moves by the SEC in recent weeks. The agency has dropped its lawsuit against Coinbase and closed investigations into OpenSea, Robinhood, Uniswap, and Gemini. These actions come a month after the resignation of SEC Chair Gary Gensler on January 20.
Under Gensler’s leadership, the Commission adopted an aggressive approach to cryptocurrency regulation and claimed that most digital tokens should be classified as securities. The regulatory stance resulted in multiple legal actions against crypto firms, with the securities watchdog accusing them of offering unregistered securities.
However, since Gensler’s departure, the SEC has rapidly shifted course, backing away from several high-profile cases.
Lubin Welcomes SEC’s Shift
According to Lubin, the company’s lawsuit against the SEC, which aimed to prevent Ethereum from becoming a target of enforcement actions, was a significant factor in the agency’s decision to halt its investigation into Ethereum.
Lubin described each legal and policy victory as an important step toward building a better financial system and internet infrastructure. Looking ahead, Lubin expressed appreciation for the SEC’s new leadership and the agency’s apparent shift toward a more “pro-innovation” and “pro-investor” stance.
“We will remain deeply engaged with public and private policymakers going forward. Crypto wants the U.S. to address the best interests of consumers and businesses alike, and we are already on our way to making that happen. Now we can get 100% back to building. 2025 is going to be the best year yet for Ethereum and Consensys. The paradigm shift to a much more decentralized world is accelerating.”
The exec had previously criticized the SEC for what he termed an “abuse of power” after Consensys was forced to lay off 20% of its workforce in October last year due to macroeconomic challenges as well as significant legal costs incurred during the extended regulatory battles.
The post Consensys and SEC Reach Agreement to Dismiss MetaMask Securities Case appeared first on CryptoPotato.
Bitcoin Eyes Major Breakout as Market Patterns Repeat
Bitcoin’s price continues to follow historical trends, with analysts tracking key structures shaping its long-term movement. Market cycles and technical patterns reveal potential price action, influencing investor decisions.
Trader Tardigrade reports that Bitcoin is forming another Descending Broadening Wedge, a structure seen in previous cycles. If this trend repeats, Bitcoin could break out by mid-2025 and reach $150,000 in the third quarter. Bitcoin has followed similar patterns before experiencing sharp breakouts. The chart shows multiple instances where Bitcoin moved inside these formations.
Each breakout has driven a strong rally, signaling structured price movements. In the first case, Bitcoin declined within a wedge before breaking out around October. A rapid surge followed, pushing the price to a peak labeled B. After reaching that level, a corrective phase set in, forming another descending broadening wedge.
A similar pattern played out as Bitcoin remained inside the second wedge. Resistance levels, marked by pink triangle indicators, faced multiple tests before Bitcoin broke above the upper boundary. The breakout, marked by a yellow circle, triggered another rally. This repeated market structure signals a consistent transition from consolidation to breakout.
Market analyst CryptoGoos examined Bitcoin’s price from 2017 to 2026, tracking key peaks in 2018, 2021, and a projected future high. A red trendline connects these peaks, showing Bitcoin’s long-term bullish trajectory. Each breakout produced a higher low, reinforcing an upward pattern. Bitcoin’s growth structure remains consistent across market cycles.
Green bands on the chart mark support zones where Bitcoin found strong buying interest after corrections. Red bands indicate resistance points where selling pressure increased. In 2024, Bitcoin remains above critical support levels, maintaining an upward trend. Projections place Bitcoin at $325,000 by 2026, following its historical growth path.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.