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Reading: How High Will Solana Rise If Bitcoin Hits $100K?
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Mycryptopot > News > Crypto > Solana > How High Will Solana Rise If Bitcoin Hits $100K?
Solana

How High Will Solana Rise If Bitcoin Hits $100K?

October 26, 2024 2 Min Read
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Bitcoin (BTC) is predicted to witness an enormous spike over the subsequent few months. Whereas some have been betting on the king coin reaching the $80K mark, others have been extra formidable by suggesting a possible rise to $100,000. Amidst this enhance, different belongings out there, together with Solana (SOL), may additionally surge.

Solana’s Present Value Degree & Market Volatility

With an 11% value enhance during the last week, Solana has been the highest-performing cryptocurrency among the many prime belongings. Based on latest knowledge, it briefly surged to $178 on October 24, the very best quantity in over three months. SOL’s present market worth is nicely over $80 billion, buying and selling at $173.14 at press time.

At press time, Bitcoin was buying and selling at $67,994.23, following a 1.22% spike over the previous 24 hours. At King Coin’s present value, it’s practically 8% beneath its all-time excessive of $73,750.07. BTC must rise by 47% to achieve the $100,000 mark.

When Will BTC Hit $100K?

Based on knowledge from CoinCodex, Bitcoin will surge to a excessive of $100,000 someday in 2025. However buyers received’t have to attend too lengthy, as it can attain this milestone within the first month of the approaching yr.

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It isn’t stunning that altcoins will comply with in Bitcoin’s footsteps. Most market belongings are anticipated to surge when BTC rises in direction of the $100,000 mark.

It appears to be like like Solana will take longer to achieve the $200 mark. CoinCodex revealed that SOL will surge to a most value of $190 when BTC reaches $100,000. A number of consider that SOL will goal for $200 by 2025. Sadly, the asset will attain this stage a lot later this yr.

Solana has surged by over 400% over the previous 12 hours, main the market to roll out extra formidable bets.

mycryptopot

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