Solana Breaks Away From Bitcoin Stagnation, $274 Target Ahead
The post Solana Breaks Away From Bitcoin Stagnation, $274 Target Ahead appeared on BitcoinEthereumNews.com.
An analyst’s model shows a 15x multiplier effect for every dollar of institutional capital into SOL Wall Street may be breaking its old cycle by positioning into Solana before Bitcoin or Ethereum rally A $2.5B inflow could push Solana’s price to $274, while a $5B inflow could send it to $335 Bitcoin has been moving sideways between $113,000 and $123,000, unable to break out. Yet while the world’s largest cryptocurrency stalls, Solana is powering higher. Just days ago, SOL was near $190, and lately had climbed past $215 to now trade near to $210. This divergence is fueling a new thesis: institutional investors are breaking the old cycle of “Bitcoin, then Ethereum, then altcoins,” and are positioning directly into Solana first. Trading volumes linked to digital asset treasury companies have jumped, hinting that Wall Street is already making its move. Could ETFs and Treasury Buys Trigger a 15x Multiplier Effect? According to analyst Ran, Wall Street is gearing up for two big catalysts around Solana. The first is the possible approval of Solana ETFs, expected around mid-October. The second is the imminent start of bulk Solana purchases by digital asset treasuries, mirroring the strategy that previously ignited Ethereum’s rally. Neuner’s analysis points to a powerful “multiplier effect” observed earlier this year with Ethereum, where a combined $26 billion of ETF and treasury inflows propelled its market cap from $219 billion to $554 billion. This represents a 15x impact, where every $1 billion of institutional capital effectively added $15 billion to Ethereum’s valuation. What Do the Numbers Predict for Solana’s Price? Applying that same 15x multiplier formula to Solana yields explosive potential price targets. With a current market cap near $130 billion, the model suggests even modest institutional inflows could have a dramatic impact. Related: Here’s Why Analysts Are Turning Bullish…
