How high can Sol rise in this bull market?

From the second half of 2023 to now, Sol has risen 30 times. Regardless of whether Bitcoin is strong or not, Sol has been hovering around $170. At present, it may be a matter of time before it breaks through the new high.

Many of the coins that have gone out of the circle in the past two months are from the Sol ecosystem, such as JUP, Front, Bome, etc.

Why is Sol so strong this round?

First of all, Sol's founding team are all Americans, and the founder of Ethereum is from Russia. In fact, the main purpose is to compete with Ethereum. Bitcoin is a belief and a consensus, and the current ecosystem is just starting.

Ethereum is the best public chain. If American capital wants to harvest the world, it must create a chain that can compete with Ethereum, which is Solana. Therefore, Solana's breakthrough of the previous high is inevitable. Maybe in the next bull market, its price may be close to Ethereum. Of course, it is impossible to kill Ethereum at this stage.

I think that since Solana is the biggest competitor of Ethereum, the price of the currency will not be weak. This round of bull market may reach 300-500 US dollars, and the next round may exceed 1,000 US dollars. Just like Ethereum in 2019, from the low to now, there is still room for dozens of times.

If you like contracts, like to study the market, and study technology, click on the avatar. I have increased about 30 times in a month. Free sharing, I am waiting for you in the circle. Work-weight-consumption: xxxxxx, always online, welcome to discuss and make progress together#以太坊ETF批准预期 #机构积极投资比特币ETF #BTC走势分析 #新币挖矿 $SOL $USDC