Influencer Ansem says SOL has bottomed, predicts rise to $600 this cycle

Crypto influencer Ansem, who has around one million followers, stated on X that while sentiment around Solana (SOL) is currently pessimistic, he believes the asset has bottomed out. He predicted that SOL will rise from $60 to $600 during the current market cycle. Ansem noted that the current pessimism is similar to when SOL was trading at $8 in 2023. He argued that if SOL could reach $297 in the last cycle with only memecoins, it has greater potential this time with the addition of consumer apps like CARDS and perpetual futures that could rival Hyperliquid (HYPE). According to CoinMarketCap, SOL is trading at $67.07, down 1.10% over the past 24 hours.