Ethereum and Solana have seen significant volatility in the past few weeks, driven by broader market trends. Still, there are growing signs that a possible rally is on the horizon, potentially creating a significant upside for the two tokens.
This Tuesday saw a slight recovery for Bitcoin, which was trading at $82,640 after weeks of significant volatility. In the past 30 days, Bitcoin traded in a range between $99,497 and $76,624, with altcoins experiencing even more ups and downs. However, traders noticed a silver lining, as even with this volatility, Bitcoin held above key long-term support at $75,000. This has prompted traders to anticipate a major rally in the coming weeks.
In this scenario, the Bitcoin price could trade around the $110,000 level, significantly boosting major altcoins like Solana and Ethereum. Still, these tokens continue to confront their own hurdles.
Ethereum, Solana Price Prediction
A Bitcoin rally will benefit the prices of Solana and Ethereum. Due to altcoins’ inherent higher volatility, they will likely outperform Bitcoin should a rally occur. Still, both tokens, especially Ethereum, are facing their own challenges.
In 2025, Ethereum already lost 44% of its value due to declining on-chain activity. A recent report by Nansen reveals that its position in DeFi is under pressure while Bitcoin continues to dominate the sound money narrative. Notably, Solana (SOL) seems to be taking the lead regarding ease of use.
Still, whales continue to bet on Ethereum, even as the rest of the market sells. Whale wallets, or those that hold between 10k and 100k ETH, increased their holdings by 12% in 2025. This suggests that whales are still bullish, even though their impact was not enough to reverse the negative trend trend.
Similarly, Solana experienced major declines in 2025, dropping from $231 to its current level of $123. The technical indicators are also not promising, as key momentum indicators work against it. However, should a rally occur, Solana must break through the resistance at $176 before retesting all-time high levels.
Both Solana and Ethereum have the potential for significant rallies, especially if institutional adoption picks up. Notably, the forthcoming approvals of exchange-traded funds (ETFs) could act as major catalysts in 2025.
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