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Solana (SOL) Could Outperform All Digital Assets | CryptoGazette - Cryptocurrency News

source-logo  cryptogazette.com 18 October 2021 06:36, UTC

There are all kinds of juicy predictions about the price of Solana these days. It’s been just revealed that an important analyst and trader believes that SOL could outperform all the other digital assets.

The trader known as Cantering Clark posted online a snapshot of a collection of different cryptos throughout the day.

He noted that even while Bitcoin was receiving all of the attention during its rally past $60,000, SOL quietly outperformed the rest of the market.

“There are so many reasons to have been long SOL to this point. Are you seeing the trend yet? Even on a day where Bitcoin is the main show, Sol is outperforming. Fast horse.”

Bitcoin bullish moves

He also addressed Bitcoin’s bullish moves and he said that the upcoming ETF is the main catalyst for the king coin.

“How many people are going to get long as hell thinking each confirmation is going to yield a higher result? I believe in the inefficiency of this market. ETF = ATH”

According to Canterin Clark, altcoins to underperform compared to BTC.

“If you think Bitcoin is going to break the ATH soon and you are also positioned heavily in alts, maybe rethink that…Because when Bitcoin breaks the ATH alts are going to get cut down. So yes, the post absolutely makes sense.”

At the moment of writing this article, BTC is trading in the green, and the digital asset is priced at $61,862.93.

Bitcoin to reach new ATH

Bitcoin could soon reach new ATHs, and analysts are expecting to see the king coin continue to explode.

Crypto analyst Benjamin Cowen said that Bitcoin bears are worried as BTC’s technicals continue to look more and more bullish.

Not too long ago, Cowen said that traders that have been anticipating a bear market ever since the king coin suffered a correction back in May are running out of ways to justify it on the chart.

cryptogazette.com