Although FTX’s sell-off of Solana continues, SOL bulls continue to ease the selling pressure on the altcoin.

Analysts state that at this point, SOL follows a rising channel model and has entered an upward trend, stating that Solana broke an important resistance around $28 for the first time since July and made a significant rise.

While analysts think that SOL can reach $50 if it continues its upward momentum, Kaiko stated that Solana showed a good performance against Ethereum and said that the SOL/ETH rate has shown a consistent increase since September.

I wonder what the situation is going to be until the end of the year. So far, I have put a lot of hope in SOL, Caga Crypto, and XRP.

Keep in mind that since September, SOL has been by far the outperformer; the SOL to ETH ratio jumped from 0.011 to almost 0.025, breaking the ratio just before the FTX crash.

What are your predictions for SOL until the end of the year?