Summary
- Solana (SOL) is expected to rise by 2025 due to the US Exchange-Traded Fund (ETF) and increased retail demand.
- Analyst Nikolai Shendergaard reported that the profit expectations of new individual investors are a factor in maintaining Solana's bullish trend.
- The Solana ETF is likely to be approved shortly after President-elect Donald Trump takes office, with five companies, including VanEck and Grayscale, competing.
Solana (SOL), one of the major altcoins, is expected to lead the rise by 2025 due to factors like the US Exchange-Traded Fund (ETF) and retail demand.
On the 9th (local time), Nansen Research analyst Nikolai Shendergaard stated in an interview with Cointelegraph, "Despite recent adjustments, Solana is likely to achieve significant financial success."
Analyst Nikolai predicted that Solana would continue its bullish trend due to the profit expectations of new individual investors. He forecasted, "New investors often make the mistake of determining value and future potential through the unit price of virtual assets, and Solana's price around $200 could be quite attractive to investors."
He also mentioned the anticipation surrounding the Exchange-Traded Fund (ETF). He explained, "In the crypto industry, it is expected that the Solana ETF will be approved shortly after President-elect Donald Trump takes office. Currently, five companies, including VanEck and Grayscale, are competing."
YM Lee
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