A Crypto Strategist Believes One Ethereum Rival is Set for More Gains in 2024
A popular crypto strategist, known as Altcoin Sherpa, predicts that Solana (SOL) will experience further gains in 2024. The analyst shares on social media that SOL/ETH looks bullish after recovering all of its bear market losses within a few months. Solana is currently trading at $119.55, a significant increase from its opening price of $9.99 this year.
Sei (SEI) and Celestia (TIA) Also Show Positive Signs
Altcoin Sherpa also mentions two other altcoins worth keeping an eye on. Sei (SEI), a new layer-1 blockchain, is expected to continue its uptrend according to the analyst. SEI is currently valued at $0.432, with a 17% increase in the past day. Celestia (TIA), a blockchain designed for launching decentralized networks at minimal cost, appears to be in an accumulation range amid an uptrend. TIA is currently priced at $13.86.
Hot Take: Solana Continues to Impress
The crypto market has been buzzing about Solana’s impressive performance this year, and Altcoin Sherpa’s prediction only adds to the excitement. With SOL/ETH looking bullish and Solana erasing all bear market losses quickly, it’s clear why many believe the altcoin has strong potential for future gains. As investors continue to keep an eye on Solana’s progress, it remains one of the top contenders in the cryptocurrency space.
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