{"id":458744,"date":"2023-11-21T16:46:14","date_gmt":"2023-11-21T16:46:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=458744"},"modified":"2023-11-21T17:49:33","modified_gmt":"2023-11-21T17:49:33","slug":"solana-price-prediction-inflows-flock-to-sol-as-analyst-sees-47-upside-but-this-spot-bitcoin-etf-coin-might-20x","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-inflows-flock-to-sol-as-analyst-sees-47-upside-but-this-spot-bitcoin-etf-coin-might-20x","title":{"rendered":"Solana Price Prediction: Inflows Flock To SOL As Analyst Sees 46% Upside, But This Spot Bitcoin ETF Coin Might 10X"},"content":{"rendered":"<p>The Solana price has seen a correction of 5% in the last 24 hours, bringing its price to $<a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\">56.36<\/a> as of 11:45 am EST, following a massive 100% surge that the coin has seen over the past 30 days.<\/p>\n<p>Despite the current correction, however, one analyst expects another 46% upside, and inflows into SOL outpaced every other cryptocurrency except Bitcoin in the past week, said a CoinShares <a href=\"https:\/\/a.storyblok.com\/f\/155294\/x\/69a0b96ffb\/coinshares-digital-asset-fund-flows-20-11-23.pdf\">report.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-458749\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSDT.jpg\" alt=\"SOLUSDT\" width=\"1785\" height=\"699\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSDT.jpg 1785w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSDT-300x117.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSDT-1024x401.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSDT-768x301.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSDT-1536x601.jpg 1536w\" sizes=\"(max-width: 1785px) 100vw, 1785px\"><\/p>\n<h2>Solana Price Prediction: Solana Rally Is Coming, Claims Well-Known Analyst<\/h2>\n<p>A well-known analyst and trader who managed to call the floor price of BTC during the 2018 bull market now claims that Solana is one of the cryptocurrencies that will be the next to see a significant burst to the upside.<\/p>\n<p>Known as Bluntz on X, the analyst told his 229,100 followers that SOL seems ready to rally after the recent pullback to $54.78. The trader believes the pullback set the stage for a new 2023 high, exceeding SOL&rsquo;s yearly high of $67.76.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24sol&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$sol<\/a> looking like a series of 1-2s from the lows on LTFs, next leg up should hopefully take us up to $80 and beyond <a href=\"https:\/\/t.co\/nEfnrC9v4U\">pic.twitter.com\/nEfnrC9v4U<\/a><\/p>\n<p>&mdash; Bluntz (@Bluntz_Capital) <a href=\"https:\/\/twitter.com\/Bluntz_Capital\/status\/1726358498492158218?ref_src=twsrc%5Etfw\">November 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He practices Elliott Wave theory, which predicts future price action through crowd psychology, which typically manifests in waves. The theory says that a bullish asset will go through a five-wave rally, where each primary wave has five sub-waves.<\/p>\n<p>In Solana&rsquo;s case, the coin is expected to rally around $70 initially and will follow another surge to $82.50.<\/p>\n<h2>Solana Price:&nbsp;A New Bitcoin ETF Token Could Outperform Even SOL<\/h2>\n<p>While SOL has seen an impressive price surge in the past 30 days, it could be easily outperformed by a new cryptocurrency called <a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\">Bitcoin ETF (BTCETF)<\/a> token.<\/p>\n<p>The project is focused on the likelihood of a spot Bitcoin ETF approval by the US Securities and Exchange Commission, and it has created a series of goals and milestones on the road to the ETF approval.<\/p>\n<p>The idea is to reward holders as Bitcoin ETFs get approved and provide an opportunity for those who believe the product is finally about to come.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Just three days left in the countdown till the end of <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinETF?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinETF<\/a> Stage 3! &#128640; Keep your eyes peeled! &#9201;&#65039; <a href=\"https:\/\/t.co\/9LsJMJwEAk\">pic.twitter.com\/9LsJMJwEAk<\/a><\/p>\n<p>&mdash; BTCETF_Token (@BTCETF_Token) <a href=\"https:\/\/twitter.com\/BTCETF_Token\/status\/1725483997734596825?ref_src=twsrc%5Etfw\">November 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\">project&rsquo;s presale<\/a> reveals that there are, in fact, many who expect a BTC ETF to receive a regulatory green light, as it has already raised over $1.26 million. The <a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\">BTCETF token<\/a> currently sells for $0.0056.<\/p>\n<p><iframe title=\"&#128640; BTCETF Breaks Records: Surpasses $1M in Presale Funds! Ready to Skyrocket 10x at Launch?! &#128200;&#128165;\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ZxX-r50A5lA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>The token&rsquo;s price will rise in under three days, so anyone who wishes to purchase it at a lower price has to react quickly. Currently, <a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\">BTCETF<\/a> is available in exchange for ETB and USDT, but it can also be bought with credit or debit cards.<\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-solana\">Where to Buy Solana (SOL)<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/solana-blockchain-a-new-frontier-in-gaming-and-nfts\">Solana Blockchain: A New Frontier in Gaming and NFTs<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-solana-meme-coins\">6 Best Solana Meme Coins To Buy In 2023<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                              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Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. 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