Solana Price Surge Accelerates as Analysts Eye New Heights
Solana (SOL) has had a successful September, increasing in price by almost 20% and currently trading at $120. Analysts predict further gains toward $150 and beyond.
Ali Martinez noted that Solana's spot US SOL ETFs have accumulated roughly 4.37 million coins worth around $450 million since July 13, marking 11 consecutive weeks of net inflows.
X user Gordon believes in accumulating SOL at around $100 to sell above $500, while Scient expects a short-term correction starting October and plans to short Solana at approximately $120-$121.
A mysterious whale has also entered the scene, opening a long position of $20.2 million on SOL with a liquidation price set at $98, sparking speculation about potential inside information.