[Analysis] "Toncoin and Solana Likely to Reach All-Time Highs"

Suehyeon Lee

Summary

As Bitcoin surpassed $100,000, it was reported that Toncoin and Solana are likely to reach their all-time highs.
Solana and Toncoin are positioned 8% and 15% below their all-time highs, respectively.
The trading volume on decentralized exchanges and network activity for both coins are gaining strong support from investors.

As Bitcoin (BTC) surpassed $100,000, there is speculation that Toncoin (TON) and Solana (SOL) might reach their all-time highs.

On the 9th (local time), CryptoQuant author JA_Maartun stated, "With Bitcoin reaching its all-time high a few weeks ago, there is much speculation about which coin will achieve it next. According to the 'Price Drop Heatmap,' Toncoin and Solana are likely to reach their all-time highs."

The author explained, "Solana is about 8% below its all-time high, and Toncoin is about 15% below. The on-chain indicators, such as decentralized exchange (DEX) trading volume and network activity for both coins, show strong support from investors. They are likely to follow Bitcoin's precedent."

SOL

TON