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Solana’s “15x Multiplier” Model Predicts a Price Target of $274


by Coin Edition
for CoinEdition
Analysis reveals a 15x multiplier effect that could propel Solana's price to $274 on ETF news.
  • An analyst’s model shows a 15x multiplier effect for every dollar of institutional capital into SOL
  • Wall Street may be breaking its old cycle by positioning into Solana before Bitcoin or Ethereum rally
  • A $2.5B inflow could push Solana’s price to $274, while a $5B inflow could send it to $335

Bitcoin has been moving sideways between $113,000 and $123,000, unable to break out. Yet while the world’s largest cryptocurrency stalls, Solana is powering higher. Just days ago, SOL was near $190, and lately had climbed past $215 to now trade near to $210.

This divergence is fueling a new thesis: institutional investors are breaking the old cycle of “Bitcoin, then Ethereum, then altcoins,” and are positioning directly into Solana first. Trading volumes linked to digital asset treasury companies have jumped, hinting that Wall Street is already making its move.

Could ETFs and Treasury Buys Trigger a 15x Multiplier Effect?

According to analyst Ran, Wall Street is gearing up for two big catalysts around Solana. The first is the possible approval of Solana ETFs, expected around mid-October. 

The second is the imminent start of bulk Solana purchases by digital asse…

The post Solana’s “15x Multiplier” Model Predicts a Price Target of $274 appeared first on Coin Edition.

Read the article at CoinEdition

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Solana’s “15x Multiplier” Model Predicts a Price Target of $274


by Coin Edition
for CoinEdition
Analysis reveals a 15x multiplier effect that could propel Solana's price to $274 on ETF news.
  • An analyst’s model shows a 15x multiplier effect for every dollar of institutional capital into SOL
  • Wall Street may be breaking its old cycle by positioning into Solana before Bitcoin or Ethereum rally
  • A $2.5B inflow could push Solana’s price to $274, while a $5B inflow could send it to $335

Bitcoin has been moving sideways between $113,000 and $123,000, unable to break out. Yet while the world’s largest cryptocurrency stalls, Solana is powering higher. Just days ago, SOL was near $190, and lately had climbed past $215 to now trade near to $210.

This divergence is fueling a new thesis: institutional investors are breaking the old cycle of “Bitcoin, then Ethereum, then altcoins,” and are positioning directly into Solana first. Trading volumes linked to digital asset treasury companies have jumped, hinting that Wall Street is already making its move.

Could ETFs and Treasury Buys Trigger a 15x Multiplier Effect?

According to analyst Ran, Wall Street is gearing up for two big catalysts around Solana. The first is the possible approval of Solana ETFs, expected around mid-October. 

The second is the imminent start of bulk Solana purchases by digital asse…

The post Solana’s “15x Multiplier” Model Predicts a Price Target of $274 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Sui (SUI) is trading in a tight consolidation pattern that is getting ready to resolv...
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