The post Can Solana Price Hit $500 as Peter Brandt Teases $100K Crypto Bet? appeared on BitcoinEthereumNews.com.

Key Insights: Solana price has been extremely volatile over the past year, with sharp fluctuations. Peter Brandt teases $100K investment in Solana or XRP, sparking market debate. Reaching $500 would require a 180% jump from Solana’s current price level. Solana price has gained attention lately as veteran trader Peter Brandt teased a $100,000 investment in Solana (SOL) or Ripple’s XRP, sparking debate over both coins’ prospects. At the time, SOL traded around $177, with Brandt’s technical charts highlighting a bullish cup-and-handle breakout aiming for about $518. Source: X Meanwhile, he identified a triangle pattern on XRP, suggesting a move toward $4.43. The post reignited discussions on a potential continuing rally in Solana price, or if XRP’s recovery from legal setbacks would offer a better opportunity. Solana Price 2024–2025 Performance Solana price has been extremely volatile over the past year. In mid-2024, the Solana price fell sharply from about $173 on June 5, 2024, to roughly $124 by June 24, 2024. It then rebounded above $150 in early July. In late 2024, several large whale purchases drove SOL back up. By November 2024, SOL price spiked to about $262 (reportedly after a $35 million buy). Analysts noted SOL was trading near $250 in late November after a 48% one-month rally, approaching its previous 2021 peak ($268). Eventually, the Solana price hit $293.31 on January 19, 2025, setting a new all-time high. By May 2025, SOL had corrected back into the $170–180 range. Notably, it gained about 20% through May 2025 after an 18% drop in April. Over the first five months of 2025, it was down 7% on the year, but up 25% over the prior 90 days. Brandt has commented on SOL and XRP in recent months beyond the $100,000 post on X (formerly Twitter). For SOL, he has been bullish.…

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Filed under: News - @ May 26, 2025 4:23 pm