CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Cryptocurrency Influencer Benjamin Cowen Analyses Solana’s Potential Turnaround

10.08.2023
A A
0
124
VIEWS
ShareShare

Benjamin Cowen, a prominent figure in the cryptocurrency space with over 780,000 followers on YouTube, has offered insights into the potential trajectory of Solana ($SOL), drawing parallels with Cardano’s ($ADA) historical performance and suggesting a turnaround could be on the horizon.

Identifying Patterns:

Cowen delved into historical data, pinpointing a pattern in Solana’s price movement. He noted instances where Solana experienced a low, followed by a high, and then revisited that high again. Drawing a comparison to Cardano’s price behavior in 2019, he speculated whether Solana could potentially see a drop to $16.5 or even $11 before initiating a recovery.

Historical Precedent:

Cowen highlighted Cardano’s history as an example. After reaching its peak, Cardano underwent a substantial decline, only to surge afterward. This pattern prompted him to contemplate whether Solana and other altcoins might follow a similar trajectory in the coming months.

Current Solana Situation:

As of the current scenario, Solana is trading at $24.8, reflecting a 6.5% increase over the past 24 hours. This observation adds another layer to Cowen’s analysis of Solana’s potential ups and downs.

The inflow of Investments and ESG Recognition:

The report delves into the notable influx of investments in cryptocurrency products focused on altcoins, including Solana. According to CCData’s Digital Asset Management Review, investment products centered around Solana, Stellar ($XLM), and $XRP saw substantial inflows in the past month. SOL-based products experienced a 55.7% increase, amounting to $87.8 million in assets under management (AUM).

Furthermore, Solana’s standing in CCData’s ESG Benchmark report is noteworthy. It shares a position with Cardano, with both projects trailing behind Ethereum ($ETH). The report emphasizes the growing significance of Environmental, Social, and Governance (ESG) mandates among institutional investors and funds. It projects that global ESG-related assets under management could reach $33.9 trillion by 2026.

Solana’s Potential Turnaround:

Cowen’s analysis, while speculative, sheds light on the potential turnaround that Solana could undergo. The comparison to Cardano’s historical behavior underscores the cyclical nature of cryptocurrency markets. With Solana making notable strides in adoption and investment interest, the cryptocurrency’s trajectory in the coming months will undoubtedly be closely watched by enthusiasts and investors alike.

The post Cryptocurrency Influencer Benjamin Cowen Analyses Solana’s Potential Turnaround appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post

Joe Rogan and Post Malone Sound Alarm Bells Over Central Bank Digital Currencies

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Traditional Beverage Company Safety Shot Enters Crypto with $25M BONK Treasury Strategy

Traditional Beverage Company Safety Shot Enters Crypto with $25M BONK Treasury Strategy

2 months ago
Top Crypto Gainers Today on DEXScreener – FOUR, EGG, LABUBU

Top Crypto Gainers Today on DEXScreener – FOUR, EGG, LABUBU

1 year ago
2x Bitcoin Strategy ETF (BITX) Becomes First SEC-Approved Leveraged Crypto ETF

2x Bitcoin Strategy ETF (BITX) Becomes First SEC-Approved Leveraged Crypto ETF

2 years ago
Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in

Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Why is Bitcoin near all-time highs? Everything that happened in crypto today

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

CME Group to Launch 24/7 Crypto Futures and Options Trading in Early 2026

From Bitcoin to DeFi 2.0, the Trends Driving Crypto’s Future: WisdomTree Analyst

$4B BTC in 4 weeks: How Bitcoin ETFs buy more than double the BTC mined

Trending

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin
All news

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

03.10.2025
0

The market has surged to a cap of $4.18 trillion today, with the crypto price prediction for...

Will a Europe-US BTC reserve race actually happen?

Will a Europe-US BTC reserve race actually happen?

03.10.2025
XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

03.10.2025
Why is Bitcoin near all-time highs? Everything that happened in crypto today

Why is Bitcoin near all-time highs? Everything that happened in crypto today

03.10.2025
Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz