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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Solana Could Still Surge Another 400% Says Top Twitter Analyst, But His Wallets Show PNUT and DTX Accumulation

Bitcoinist
by Bitcoinist
Last Updated: November 29, 2024 2:00 pm
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana (SOL) has performed exceptionally in this bull run after making a new all-time high at $262. As experts see minor price corrections, they believe that SOL price has enough potential to hit massive gains in the upcoming months due to its wider adoption, ETF hype, and cutting-edge layer-1 blockchain solutions.

Meanwhile, DTX Exchange and Peanut the Squirrel (PNUT) are two newcomers, turning the heads of Solana traders with their high growth potential. Data shows a massive accumulation of DTX and PNUT in wallets, signaling a bullish upside rally in this bullish cycle. As the SOL price is expected to display a bullish comeback, these two cryptos will advance with staggering returns.

Solana Prediction: Borovik Sights SOL Price Hitting $1000 In 2025 

Solana is undoubtedly one of the most successful altcoins in the crypto market due to its vibrant meme community and cutting-edge L1 blockchain infrastructure. Solana has become a major go-to altcoin for traders as analysts like Borovik signal a bullish upside for the SOL price in the upcoming months after hitting a new all-time high in November and recording 40% gains on the weekly chart.

2025 predictions:

Bitcoin: $250,000
Ethereum: $3,200
Solana: $1,000
Dogecoin: $1 pic.twitter.com/l2vzz5xwan

— borovik (@3orovik) November 19, 2024

This bullish forecast for the SOL price is not just market speculation but is backed by major technological advancements in the ecosystem and the expected ETF approval in 2025. Under Trump’s crypto-friendly administration, investors should not ignore the SOL price potential as a 400% rally to hit the $1000 price level is just on the horizon.

Billion-Dollar PNUT Displays Strength With 45% Volume Surge

Peanut The Squirrel (PNUT) is a newly launched memecoin on Solana that has attracted large traction from the meme community in November. After surging past the billion-dollar market cap, PNUT faced high resistance amid the market downturn this week, taking heavy losses of 20% with high selling pressures from profit makers.

Source: TradingView

However, PNUT has successfully defended its billion-dollar status as its price trend shows a swift recovery with 3.27% gains in the last 24 hours. A staggering 45% surge in the transactional volume signals that the meme community has started accumulating PNUT for bullish returns as Solana-based memecoins are expected to explode this December, following the SOL price rally.

DTX Exchange Dominates Trader Wallets After $8.8M Raised

DTX Exchange (DTX) experiences peak demand this cycle as the project is poised for major growth this year after its long-awaited CEX listing. The hottest presale of the year has raised a mind-blowing $8.8 million in batch 5 and is counting. Large stakeholders join the platform for its trader-centric narratives and Defi features, which include the VulcanX chain, decentralized security, and ETF trading.

The hybrid trading mode allows traders to enjoy surplus liquidity and KYC-free onboarding for a seamless and secure trading experience. DTX Exchange also focuses on individual growth with features like 1000x leverage and advanced automation techniques so traders can navigate volatile markets more efficiently with higher positions.

With its passive income strategies and unified asset platform, hosting 120k+ trading instruments across stocks, cryptos, forex, equities, and CFDs, traders can utilize end-to-end solutions instead of jumping to different platforms for trading, holding assets, and strategizing. At only $0.10, DTX provides a life-changing opportunity to early investors with a 100x return potential after the Q4 listing.

Final Thoughts

The bold predictions for a 400% Solana surge highlight its continued relevance as a top-tier altcoin with extensive blockchain utility. However, the rising accumulation for DTX Exchange and PNUT highlights the trader’s will to enter early in high-growth projects that have just started their journey. While the SOL price trends higher, forward-thinking investors actively buy DTX and PNUT for higher returns in this bullish cycle.

Learn more:

Buy Presale
Visit DTX Website
Join The DTX Community

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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