SOLANA has been on a massive run lately, which made me wonder how far this token can theoretically go?
We can draw this perfect parallel channel on the chart by copying the bottom bear market support on top of the Q4 2022 tops, which fits perfectly!
Assuming that SOL will go up towards the top resistance by 2025, we can aim at a value of >5,000$, an amazing 50x from this point. Sidenote: this would take the total marketcap to roughly 2.5T, which is around 60% larger than the total current marketcap of crypto. It's not a realistic expectation, hence it being the ultimate best case.
For now, 145$ and 260$ are the main resistances to beat.