A recent survey by MV Capital suggests that Solana (SOL) is poised to outperform both Bitcoin (BTC) and Ethereum (ETH) in the upcoming market cycle.
Analysts predict that Solana could reach a peak of $600, marking a fourfold increase from its current levels around $217.46. This bullish sentiment reflects optimism among institutional investors, who see Solana’s upside potential as particularly strong.
This positions Solana as a consensus long-term bet, driven by factors such as institutional confidence, potential regulatory shifts, and emerging sectors like AI and decentralized physical infrastructure networks (DePIN).
The survey, which gathered insights from 76 liquid and venture capital allocators in the crypto space, revealed that over 30% of respondents expect Solana to be a top performer in this cycle.
Trump has expressed strong support for Bitcoin and digital assets, calling himself the “Bitcoin President,” fueling market expectations for potential deregulation over the next four years.
Solana’s growth prospects are bolstered by political backing for cryptocurrencies, especially with Donald Trump’s recent pro-crypto stance.
A favorable regulatory climate and potential Solana ETF approval have drawn considerable institutional interest, positioning Solana as an attractive long-term investment.
Although the SEC has yet to approve this, a crypto-friendly chairman in Trump’s administration could accelerate the process, significantly boosting Solana’s visibility and liquidity.
A Solana-specific regulatory change could be the approval of a Solana exchange-traded fund (ETF) in the U.S. In July, Cboe proposed listing Solana ETFs by VanEck and 21Shares.
