Investor Arthur Cheong Predicts Solana (SOL) Will Soon Be ‘Substantially Higher’ – Here’s His Timeline

Crypto investor Arthur Cheong says that he’ll maintain his Solana (SOL) tokens pending his value that shall be a lot larger within the coming months.

Cheong, the founding father of the crypto funding firm Defiance Capital, says ready on the social media platform X that he participated in a freely obtainable (OTC) SOL deal by way of Galaxy Digital and his unlocked tokens.

Though he’s already appreciable after the acquisition of $ 64, Cheong out He’ll wait to promote his Sol Stack.

‘None of them promote.

I feel it will likely be significantly larger in three months. “

The investor can be bullish On the Solana ecosystem, particularly Jupiter (Jup), a decentralized Alternate (DEX) aggregator who has at present locked the second highest complete worth (TVL) on Solana after the Jito (JTO) re-impotocol, in response to Defillama.

Now that the CME group has introduced that it will likely be rolled out on 17 March two Solana-based Futures contract choices, Cheong out {That a} quick squeeze can come up for Sol.

A brief squeeze happens when a pointy rise within the value of an property merchants who had beforehand bought to shut their positions and feed extra rallies.

Based on Cheong, the crypto market cycle remains to be not over, but it surely must be attainable by one repetition After the ‘Trump -marriage journey’.

“It appears like there was a severe defect and outflow of liquidity available on the market recently, as a result of a number of crypto has corrected from BTC> 40% in lower than two months.

Nevertheless, the Stablecoin provide has been dramatically expanded since 2024, with nearly $ 100 billion rising to realize a complete inventory of $ 221 billion, which now represents greater than 1% of the M2 -money amount of the US greenback …

That stated, when the animal spirits come again as they all the time do, I feel we have now the liquidity and capital to push the market significantly larger. “

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Generated picture: midjourney