A prominent cryptocurrency expert, known as Inmortal, has made daring forecasts about various altcoins, including Solana (SOL). He predicts that Solana could experience a remarkable surge of over 230%. Additionally, Inmortal has provided insightful evaluations for altcoins like Pepe (PEPE), Floki (FLOKI), and Chainlink (LINK).

Solana Expected to Hit New Heights Between $400 and $600

In his latest observations shared on social media platform X, Inmortal believes that Solana will reach a new all-time high (ATH) by the end of summer, potentially peaking between $400 and $600. According to his analysis, Solana will consolidate before breaking through its resistance levels, setting the stage for a rise to new ATHs. Solana's mainnet asset, SOL, last reached an ATH of approximately $260 in November 2021 and is currently trading at $178.

Monitoring PEPE, FLOKI, and LINK Closely

Inmortal has also highlighted the possible effects of Ethereum's (ETH) recent rally on memecoins like PEPE and FLOKI. He points out that Ethereum's upward movement could continue to provide the necessary momentum for these altcoins to rise.

Specifically, the analyst predicts that FLOKI could increase to $0.000340, which represents a rise of over 50% from its current price of $0.000223.

Besides SOL and popular memecoins, Inmortal is also keeping an eye on Chainlink's mainnet asset, LINK. He anticipates that LINK could climb to $28 if it can maintain support above $16 on a three-day timeframe. At present, LINK is trading at $16.35, down 2% in the last 24 hours. According to Inmortal, if the Chainlink community, often referred to as "Marines," can keep the price above this support level, a strong rally could follow.

In summary, Inmortal’s optimistic outlook for Solana and other altcoins indicates potential significant gains, provided certain market conditions are met. Investors and enthusiasts will be closely watching these developments in the coming months.