A cryptocurrency strategist who follows closely believes one Ethereum (ETH) rival is poised to more than double its gains this year.
Pseudonymous analyst Altcoin Sherpa told his 211,900 followers on social media platform X that he thinks Solana (SOL) will hit a new all-time high this year.
However, the cryptocurrency strategist is bullish on SOL for the long term, but expects the Ethereum rival to witness a decline before it starts a new leg.
“There will probably be a decline in the $200 to $250 range. But I don’t know how deep it will go.
I remain optimistic about this cycle. This is the best chain for retail (meme proof). “By 2024, it will probably be more than $500.”
As of this writing, SOL is worth $187.90, down more than 6% over the past day.
Next is the merchant Called RSS3, a decentralized information processing protocol, appears to be trading in the $0.57 upper limit and $0.40 lower limit range.
“RSS3, still a very strong coin, is one I am still invested in and own. “I think this has been very strong amidst the market volatility at the moment.”
At the time of writing, RSS3 is trading at $0.448, down 15.4% in the last 24 hours.
Finally, the merchant Called He is bullish on Ondo Finance (ONDO), a project focused on tokenizing real assets (RWAs), including short-term bonds and U.S. Treasury bonds.
“ONDO: Buy ONDO for financial freedom for around $0.43. One of my bags of real assets (RWA) this cycle is to expect good things to come in the future.”
Temperature is trading at $0.422 at the time of writing, down more than 12% in the last 24 hours.
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