Crypto

Svanevik: Bitcoin Won't Fall Below $60K Again, Bullish on Solana and Hyperliquid

Guavy AI Editorial Team Published August 8, 2026

Instruments

HYPE BTC SOL

Crypto analytics firm Nansen's founder and CEO Alex Svanevik believes that Bitcoin has reached its cycle low, predicting it won't fall below $60,000 again. Svanevik made this statement on the Trade Secrets show, citing Bitcoin's role as a hedge against central bank money creation.

Svanevik also expressed his bullish views on the Solana ecosystem and Hyperliquid, saying they are giving non-crypto assets room to grow. He emphasized that blockchains like Solana have more to offer than just meme coins, pointing out its 'incredible team' behind it.

Regarding Robinhood chain, Svanevik believes it will rise as a contender to Base and has an excellent distribution. However, he doubts the company will launch a token, stating it would be counterintuitive given their stock listing on Nasdaq.

Svanevik: Bitcoin Won't Fall Below $60K Again, Bullish on Solana and Hyperliquid

T. Rowe Price Breaks New Ground in Crypto Investing with Memecoin Inclusion

Bybit Exchange Rate: Cosmos Hub (ATOM) to US Dollar (USD)

SGD Loses Ground Against Cosmos Hub (ATOM) in Latest Exchange Rate Update