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Cryptocurrency News Articles
InvestAnswers Believes Solana (SOL) Has the Potential to Outperform Bitcoin (BTC)
Apr 27, 2025 at 03:48 pm
A much -noticed cryptoanalyst called Investanswers believes that Bitcoin (BTC) continues to have a clear upward trend, but Solana (Sol) has the potential to exceed the leading cryptocurrency.
A much-noticed crypto analyst called Investanswers believes that Bitcoin (BTC) continues to have a clear upward trend, but Solana (Sol) has the potential to outperform the leading cryptocurrency.
In a recently published video, which he shared with his 565,000 YouTube subscribers, the analyst highlighted the Solana/Bitcoin (SOL/BTC) trading pair as an interesting factor.
“I think it’s interesting because it shows that Solana had a huge parabolic move. It went up massively in the last bull market before it fell sharply in the bear market.”
However, Investanswers pointed out that in this cycle Solana never fell back to his previous lows, which is a bullish signal.
“But you can see that it never quite fell back to his previous lows in this cycle, which is an interesting bullish factor about Solana.”
The analyst went on to say that Solana was able to keep pace with Bitcoin’s recovery for the majority of 2024.
“Now, if we look at the chart, we can see that Solana was able to keep pace with Bitcoin’s recovery for the majority of 2024. But then Solana suffered a burglary in early 2025, especially due to concerns about the release of token.”
Solana started a strong recovery
Despite the initial setback, Investanswers noted that Solana started a strong recovery shortly after and is now outperforming Bitcoin.
“But shortly after it started a new leg up and it’s now outperforming Bitcoin. Essentially, Solana is a faster horse than Bitcoin because the dynamics are increasing again.”
Solana could hit new all-time highs
According to Investanswers, Solana still has a significant increase ahead of it.
“I think Solana still has a good move to go and I’m thinking that it could go to around $300 to $360. So it has the potential to rise by at least 136% from its current price.”
The analyst believes that the token will reach its previous all-time highs and may even go beyond.
At the time of writing, Solana is trading at $152.67. This means that it would need to increase by more than 136% to reach Investanswers’s target span of $300 to $360.
If this happens, it will be a significant milestone for Solana and will further cement its status as one of the most powerful altcoins on the market.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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