According to a widely respected crypto analyst, smart contract platform Solana is a good option for smart contracts.SOL) looks bullish on multiple timeframes.
Guy Turner of Coin Bureau has released a video that updates the audience on his latest news. tells Solana told his 2,45 million YouTube followers that the weekly and monthly charts of Ethereum foreshadowed a breakout between 35-45%.ETHThe price of a comparable product is $300.
Turner says that Solana also has a raging attack against Bitcoin.BTCHe also says Solana, the company’s flagship digital asset, is poised to rally in anticipation of its impending halving on April 1st.
12:30 SOL appears to be breaking against BTC weekly and monthly. This could indicate a 35-45% increase.
This means that, as long as BTC stays at its current price, SOL’s value could rise between 35 to 45% and bring it closer to the $300 level. BTC will likely rally due to the Bitcoin halves that are just around the bend. It means that SOL would reach $300 if it gained 35 to 45 percent compared to BTC.
Guy continues to state that the four milestones Solana will reach in the near future are also key to its potential to surge to $300.
The Solana milestones will determine whether SOL reaches $300 or higher. The Solana Foundation released a de-facto roadmap in January that contained four major milestones.
First, you may recall that token extensions were released shortly thereafter in January. The second milestone is the launch of new validator clients, namely Firedancer… the Firedancer client will significantly increase Solana’s speed but it’s not clear by how much…
Support for institutions is not specified as the third milestone of Solana’s official roadmap. It is noted that enterprise now has access to all tools necessary to build on Solana. “The fact that Solana is a decentralized NASDAQ indicates that tokenized assets in the real world could be on their way.”
Turner cites the Solana Foundation as the fourth major milestone. call To developers, use the full range of tools to develop products and Services over Solana.
SOL currently trades for $181.55, which is a 5% drop in the past 24 hours.
Don’t Miss a Beat – Subscribe Get email notifications delivered straight to your Inbox
Check this out Price Action
Join us! Twitter, Facebook You can also find out more about the following: Telegram
Search for a way to surf The Daily Hodl Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Do your research before investing high risk in Bitcoin, cryptocurrency and digital assets. Your transfers and transactions are entirely at your own risk. own Risk is yours, as are any losses. The Daily Hodl neither advises the purchase or sale of cryptocurrencies, digital assets or any other type of digital asset. Nor is The Daily Hodl a financial advisor. The Daily Hodl engages in affiliate marketing.
Midjourney: Generated Image
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: dailyhodl.com