$830 Target For Solana? Analyst Says The Math Checks Out

Solana could be on track for a massive 323% rally this altcoin season, according to a new technical analysis by crypto strategist Quantum Ascend, who projects a potential peak around $830 based on market cap extensions and Elliott Wave structures. In a detailed July 22 breakdown, the analyst argues that most retail traders continue to overlook the impact of inflation and token supply dynamics—factors that significantly affect price projections. Solana To $1,000 Is Not Realistic Thus Cycle “Looking at the market cap chart, it’s up almost 216,000%, while the price chart is only up 18,000%. So what this tells us is, there’s some kind of inflationary pressure on the asset,” Quantum Ascend said source: https://www.newsbtc.com/news/solana/830-target-for-solana-analyst-math-checks-out/