The cryptocurrency market seems to be in one other bullish stage. Bitcoin (BTC) has as soon as once more revived its $120,000 mark, with world crypto market capitalization rising 1.5% to $4.24 trillion within the final 24 hours. Solana (Sol) continues to rise within the total market. In keeping with information from Coingecko, Sol attracted 2.3% within the final 24 hours, 18.4% final week and 10.1% the earlier month. Nevertheless, the platform highlights the 14-day chart that the asset value fell 5.1%. On this value forecast article, let’s talk about whether or not Solana (SOL) might in the end infringe the $300 mark this October.
Worth forecast: Will Solana attain $300 in October?
Solana (Sol) is among the most resilient crypto property in years. Asset costs have fallen beneath $9 after the collapse of FTX in 2022. Sol hit its latest peak at $293.31 on January nineteenth of this 12 months. Sol’s costs have fallen 21.5% since its peak in January.
It’s possible that Solana (Sol) Rally will proceed over the subsequent few weeks. Bitcoin (BTC) is a market chief, with different property tending to observe their trajectory. BTC could possibly be heading in the direction of a brand new all-time excessive this month. October has traditionally been a bullish month for BTC. You may as well observe the historic patterns of 2025.
Moreover, other than being a traditionally bullish month, there’s a excessive chance that the Federal Reserve will announce a separate rate of interest reduce this month. One other charge reduce could cause a major spike in dangerous investments. Solana (Sol) and the bigger crypto market might expertise a serious breakout underneath such circumstances.
Spot ETF Information can also be scheduled later this month. The SEC should decide Bitwise and 21 share Solana ETFs by October sixteenth. With ETF approval, Sol costs can be despatched to the roof. Such growth might in the end violate the $300 mark.
