A prominent cryptocurrency commentator predicted a significant price increase for solarium SUN/USDexpecting up to 5x performance by the end of 2025.
What happened: marty party, a widely followed cryptocurrency influencer who is also a musical artist, said in an X post on Sunday that solarium has been consolidating organically at $150 for 225 days. He expressed confidence in an imminent increase and noted that Solana's price would not fall below $150 again.
“The magnitude of this economy could be multiplied by five before the fourth quarter of 2025,” he wrote. MartyParty also talked about the increasing returns of Solana's native DeFi offerings and their high adoption, concluding that the project has the best chance of delivering the second Internet.
See also: Bitcoin Could Hit $70K Thanks to Tailwinds from Stablecoin Minting, Chinese Stimulus, and Renewed Altcoin Activity: 10x Research
Furthermore, he advised his followers to buy Solana for less than $200 and hold it for 2 to 4 years, warning that hesitancy or emotional attachment to other low-potential assets could lead to missed opportunities.
Why is it important: MartyParty's predictions are aligned with the opinions of Antonio ScaramucciCEO of SkyBridge Capital and prominent cryptocurrency advocate close to the VP Kamala Harris campaign team.
Scaramucci emphasized Solana's potential to lead what he saw as an imminent layer 1 blockchain revolution. He also revealed his substantial allocation towards the fifth-largest cryptocurrency, adding that he owns “a large amount” of Solana.
That said, Solana's future growth could be affected by regulatory concerns. The SEC reportedly raised questions about Solana's security status last month, which could lead to a suspension of filings related to its exchange-traded funds (ETFs).
price action: At the time of writing, SOL was trading at $156.06, down slightly in the last 24 hours, but gained 12% over the month, according to Benzinga Pro data. Over the last year, the token has increased sevenfold.
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