Solana (SOL) is predicted to reach a price target of $2,000 based on its global adoption and fewer disruptions compared to Ethereum (ETH).
An analyst believes SOL could potentially reach $4,000, with a crucial formation and the approval of a Solana ETF playing a significant role.
Solana's price has surged above $130 and currently has positive returns on three major trading sessions, with a 24-hour trading volume increase of 56%.
The potential approval of Solana ETFs in the US and Canada could attract institutional interest and drive the price even higher, potentially reaching $1,000 or more.