The digital asset industry was a clear focus for 2025. Asset prices have not yet been there yet, but turnarounds are expected earlier than later. Certainly, Solana positions herself as the next cipher, with Sol heading to the $230 level at 67% upside.
Solana has long been seen as a token with great potential. It is currently the sixth largest crypto by market capitalization and is considered to be the next approved crypto-based ETF in the US. Furthermore, it may end the year as one of the biggest acquirers the market has to offer.
$230 from Solana? Solmetric has great potential
Entering 2024, the digital assets sector was playing a major role in playing in the shift global finance sector. The United States welcomed the first pro-Crypto president in the form of Donald Trump, who returned home. Plus, just three months after his second term, he is already about to overhaul his digital asset policy completely.
That trajectory has many who are turning a blind eye to what their assets could surge as the market makes its expected turn. Probably the chief among them is Solana. The tokens will surge at 67% upside to the $230 level, as they could be the next token.
According to CoinmarketCap, Solana has grown nearly 5% over the past seven days, trading at the $137 mark. However, it recovered well from early autumn. After reaching an all-time high of $295 in January, sales pressure pushed it down. It’s now weakened. Additionally, open interest has leapt to nearly $5 billion, reflecting an increase in demand.
Now Solana is facing a falling wedge pattern. If it does come true, the price is expected to jump the aforementioned 67% to $230.22. However, there are still risks. Certainly, if the bull signal is disabled, it could face a potential drop up to the $112 mark.
(TagStoTRASSLATE) Cryptocurrency (T) Solana
