Solana Price Prediction: New Cryptocurrency Bill Could Give Solana As Legal As Bitcoin – Will Institutions Get On Board?


SOL may have a similar structure to Bitcoin – and the price of Solana changes significantly after the “cup and handle” process is confirmed.

SOL can no longer be considered a secondary “altcoin” in the eyes of US law, as the new bill seeks to place it directly alongside Bitcoin.

This supports expectations of an increase in Solana’s price at a time when Wall Street’s appetite for cryptocurrencies seems to be increasing.

Congress is debating the Clarity Act to give cryptocurrency companies clearer rules to promote their services to investors.

One of the main proposals in the bill includes a provision that would give SOL, DOGE, and XRP the same treatment as BTC and ETH as “excluded” assets.

Adoption of cryptocurrencies and blockchain technology has seen a huge rise in recent times. In addition, investors have flocked to Solana’s recently launched exchange-traded funds (ETFs), which bring the total amount available to them to $1.2 billion, according to data from SoSoValue.

If lawmakers pass the Clarity Act and Solana receives this special treatment, it will boost the credibility of the project, which will affect investors who are still on the fence.

Solana Price Prediction: Solana Coin Makes Big Pattern With Eyes 17% Gain

The four-hour chart shows that a bullish pattern called “cup and handle” has recently been formed, opening the way for a strong move that will push the price of SOL to $168 in the next few days.

Source: TradingView
Source: TradingView

The project has already passed through the neck of the model, confirming its expansion. Sales volumes increased immediately after the breach occurred, which further confirms its technical value.

The price may be hovering near the support level of $140, but it will probably start to climb the target if interest rates resume.

If so, SOL will offer a 17% chance of promotion at the time of writing. However, the price needs to stay above $140 for this to continue.

Solana’s natural resources have been growing rapidly recently. One of the most popular cryptocurrency presales, known as Bitcoin Hyper ($HYPER), is planning to take advantage of this blockchain feature to establish the first layer 2 (L2) of Bitcoin, and has raised more than $30 million to achieve this.

Bitcoin Hyper (HYPER)’s previous trading volume exceeded $30 million, giving Bitcoin the fastest pace of Solana.

Bitcoin Hyper ($HYPER) is a new transaction service that changes what Bitcoin can do by providing a true Tier 2 solution powered by Solana’s fast and efficient technology.

For the first time, Bitcoin holders will be able to deposit, lend, withdraw money, and use selected apps without leaving the Bitcoin ecosystem.

By addressing the never-ending problems of speed, fees, and lack of smart contract support, $HYPER is creating the foundation on which DeFi, NFTs, and real interest can thrive on Bitcoin.

This vision has already begun to grow. The pre-sale has raised more than $30 million, with growing support from cryptocurrency wallets and growing global interest.

How to buy $HYPER before listing it on trading platforms

To enter early, go Official website of Bitcoin Hyper And connect any compatible wallet eg The Best Wallet .

You can exchange USDT or SOL for $HYPER, or use a debit card to buy in seconds.

Visit the official website of Bitcoin Hyper here

A note Solana Price Prediction: New Cryptocurrency Bill Could Give Solana As Legal As Bitcoin – Will Institutions Get On Board? appeared for the first time Cryptonews Arabic.





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