Solana – a Bitcoin rival

0

October 22, 2021 (Investorideas.com Newswire) Bitcoin rival Solana will hit new all-time highs of $ 250 by the end of 2021, predicts the boss of one of the largest independent financial advisory, management organizations of assets and fintech in the world.

The bullish forecast from Nigel Green, founder and CEO of deVere Group, which has $ 12 billion under advisement, comes as the price of Solana (SOL) jumped 25% in two days amid a dynamic week for d ‘other cryptocurrencies, including Bitcoin which hit a new high of over $ 66,000 on Wednesday.

Currently, at the time of writing, Solana costs $ 208. Its previous record price was $ 214 reached in September of this year.

Mr Green said: “Solana is certainly a rising star in crypto. With its price skyrocketing more than 100 times since the start of the year, its potential is becoming impossible to ignore.

“I think its bull run will continue for the remainder of this quarter and hit new all-time highs of $ 250 by the end of 2021.”

DeVere’s boss and leading crypto advocate predicted in July that Bitcoin would surpass its previous all-time high this year – which was proven this week. Likewise, he recently nailed his prediction that Cardano would hit $ 3.

He comments: “Solana has broken through some key resistance levels in recent weeks, indicating that investors are not worried about downward pressures.

“It is gaining momentum and, consequently, a growing number of active holders. There is no reason to expect this to slow down significantly before the end of the year.”

Solana is a decentralized blockchain that provides developers with a cutting-edge platform to build infinitely scalable DeFi applications and enable staking.

“The DeFi industry is about to explode due to the inherent real world value it can offer to almost any industry.

“Investors increasingly understand the value of the network not only as a platform for developers, but as a global financial utility.”

Mr Green concludes, “Solana is poised to quietly outperform the rest of the crypto market this year. This is one to watch.”

e: [email protected]
phone: +44 207 1220 925
Twitter: @PriorConsults

deVere Group is one of the world’s largest independent advisors of specialized global financial solutions for international, local affluent and high net worth clients. It has a network of more than 70 offices around the world, more than 80,000 clients and $ 12 billion in consulting.

More information:

This news is published on Investorideas.com Newswire – a global digital news source for investors and business leaders

Disclaimer / Disclosure: Investorideas.com is a digital publisher of third party equity news, articles and research and creates original content including videos, interviews and articles. Original content created by Investorideas is protected by copyright laws other than syndication rights. Our site does not make any recommendations to buy or sell any stock, service or product. Nothing on our sites should be construed as an offer or a solicitation to buy or sell any products or securities. Any investment involves risks and possible losses. This site is currently paid for news publishing and distribution, social media and marketing, content creation and more. Disclosure is issued for every paid press release, content posted / created as necessary, but otherwise the news has not been paid and has been published for the sole benefit of our readers and subscribers. Contact the management and IR of each company directly for specific questions.

More information on the disclaimer: https://www.investorideas.com/About/Disclaimer.asp Learn more about posting your press release and our other news feed services press Investorideas.com https://www.investorideas.com/News-Upload / and tickertagstocknews.com

Global investors must adhere to the regulations of each country. Please read the Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Follow us on StockTwits

News and Research for Bitcoin, Blockchain, Digital Currency Stocks, and ICOs

Buy a crypto guest article on Investorideas.com


Source link

Leave A Reply

Your email address will not be published.