Can Solana And Toncoin Print Fresh All-Time Highs Just Like Bitcoin’s Recent $100K Move? Here’s What This Analyst Says
An influential cryptocurrency analyst on Monday identified Solana (CRYPTO: SOL) and Toncoin (CRYPTO: TON) as the next contenders to reach new all-time highs, following the accomplishments of Bitcoin (CRYPTO: BTC).
What happened: JA Maartunn, a well-known market observer and contributor at on-chain analytics firm CryptoQuant, called Solana a “standout,” underscoring that the cryptocurrency was just 8% away from its peak of $263.21.
He also drew attention to Toncoin’s trajectory, which followed closely at 15% below its all-time high of $8.25.
“Both projects are supported by strong fundamentals, including active development teams and active networks,” Maartunn stated. “Given these figures, it seems likely that these coins could follow Bitcoin’s lead in the near future.”