Solana Could Still Skyrocket to $1K, Despite Recent Dip
06.08.2024 13:00 1 min. read Alexander Stefanov
Crypto expert Chris Burniske remains optimistic about Solana (SOL), maintaining his prediction of a $1,000 price target despite recent market declines.
Burniske, a partner at Placeholder, initially set this target when SOL was trading at around $180, though it has since dropped to $129.
Burniske emphasizes his confidence, noting that short-term price fluctuations do not affect his long-term view.
He recalls that when Solana was priced at $8, critics expected it to fall further, yet the coin surged over 20 times to reach $200.
[reaedmore id=”134934″]Additionally, Burniske is also positive about Celestia (TIA), another layer-1 blockchain project. He suggests that if investors fully grasp Celestia’s unique advantages, they would remain unfazed by its current price dip.
He encourages those who have lost confidence due to recent declines to reconsider, as TIA is still significantly higher than its initial listing price and could offer opportunities for those looking to average down.
-
1
Fidelity Moves Forward with Spot Solana ETF as SEC Acknowledges Filing
04.04.2025 8:00 2 min. read -
2
Binance Announces Next Megadrop: New Airdrop Listing Confirmed
08.04.2025 20:00 2 min. read -
3
First Leveraged XRP ETF Set to Hit the U.S. Market
08.04.2025 11:16 2 min. read -
4
Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts
04.04.2025 17:00 2 min. read -
5
Ethereum’s Market Dominance Hits Five-Year Low: Can It Bounce Back?
07.04.2025 19:00 2 min. read
Bitcoin Surge Fuels XRP Comeback Hopes
Bitcoin’s recent surge above has reignited enthusiasm across the crypto market, lifting not just the leading cryptocurrency but also signaling a broader altcoin revival.
Ripple to Unlock 1 Billion XRP as Price Struggles to Keep Momentum
Ripple Labs is preparing for another large-scale XRP release, set to occur on May 1, when 1 billion tokens—currently valued at around $2.1 billion—will be unlocked from escrow.
ARK Invest Makes Bold Move into Solana with Staked ETF Bet
ARK Invest has quietly deepened its exposure to Solana by adding a staked SOL investment to two of its tech-focused ETFs, signaling growing confidence in the blockchain’s long-term potential.
Altcoin ETFs Flood SEC as Bitcoin Maintains Unshakable Market Dominance
The U.S. Securities and Exchange Commission (SEC) is warming up to the idea of expanding the crypto ETF landscape beyond Bitcoin, with 72 crypto-related ETF proposals now awaiting review.
-
1
Fidelity Moves Forward with Spot Solana ETF as SEC Acknowledges Filing
04.04.2025 8:00 2 min. read -
2
Binance Announces Next Megadrop: New Airdrop Listing Confirmed
08.04.2025 20:00 2 min. read -
3
First Leveraged XRP ETF Set to Hit the U.S. Market
08.04.2025 11:16 2 min. read -
4
Coinbase Seeks CFTC Approval for XRP Futures Amid Regulatory Shifts
04.04.2025 17:00 2 min. read -
5
Ethereum’s Market Dominance Hits Five-Year Low: Can It Bounce Back?
07.04.2025 19:00 2 min. read
