In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana ( SOL) and its potential to reclaim the $200 mark. He also hinted that upcoming upgrades could pave the way for new all-time highs (ATHs). Cheung also shared his bullish outlook on bitcoin ( BTC), predicting new ATHs soon. He expects a dispersion of returns, with new and older altcoins like SOL, AKT, MKR, and TAO making new ATHs. He also anticipates a consolidation of capital into blue-chip meme coins with compelling narratives, such as WIF, MAGA, and BODEN. Cheung believes the most obvious sectors to get a bid are the Solana ecosystem and Crypto x AI, and he also sees potential in gaming and social narratives. However, he doesn’t expect a bid for ETH and its counterparts unless an ETF is introduced.
Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon
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