A renowned cryptocurrency analyst, known as Inmortal, has made a bold prediction about the future of several popular altcoins, including Solana (SOL). Inmortal believes that Solana could experience a remarkable surge of over 230% in the near future. The analyst also shared insights into other altcoins such as Pepe (PEPE), Floki (FLOKI), and Chainlink (LINK), hinting at their potential for significant growth.

Solana's Bright Future

In his latest market analysis shared on the social media platform X, Inmortal forecasted that Solana could reach its all-time high (ATH) by the end of summer, with a potential peak between 400 and 600 dollars. Solana's previous ATH was around 260 dollars in November 2021, and it is currently trading at 178 dollars. The analyst suggests that Solana will consolidate before breaking its cross-resistance, enabling it to reach new record highs.

Altcoins to Keep an Eye On

Inmortal also highlighted the potential impact of Ethereum's (ETH) recent rally on memecoins like PEPE and FLOKI. He noted that Ethereum's performance could continue to provide the necessary momentum for these altcoins to rise. Specifically, FLOKI could surge to 0.000340 dollars, up from its current price of 0.000223 dollars, indicating a potential increase of over 50%.

In addition to SOL and memecoins, Inmortal has his sights set on Chainlink's mainnet asset LINK. He believes that LINK could reach 28 dollars if it maintains support above 16 dollars over a three-day period. Currently, LINK is trading at 16.35 dollars, down 2% in the last 24 hours. Inmortal suggests that if the Chainlink community, affectionately known as "Marines," can keep the price above the support level, a strong rally is likely.

Key Takeaways

Solana could reach a peak between 400 and 600 dollars by the end of summer.

FLOKI may surge to 0.000340 dollars from its current level of 0.000223 dollars.

LINK has the potential to reach 28 dollars if it holds above the 16-dollar support level.

In conclusion, Inmortal's predictions paint a promising picture for Solana's future, along with the potential for significant growth in other altcoins like PEPE, FLOKI, and LINK. Investors and enthusiasts alike will be eagerly watching these cryptocurrencies to see if these forecasts come to fruition, potentially leading to substantial gains for those who position themselves accordingly.