Even after sharing a very optimistic forecast for the Solana (SOL) cryptocurrency, billionaire Arthur Hayes, co-founder of BitMEX, revealed that he exchanged the token for Ethereum (ETH), estimating an impressive rise in the asset.

Em one post shared on December 21, the crypto expert highlighted a prediction that the price of Ethereum will reach the $5,000 level.

Given this estimate, Hayes justified his exchange of SOL for ETH. In the last 30 days, Solana has seen growth of 70.8%, while Ethereum has increased its price by 14.1% in the same period. The BitMEX co-founder shared an ETH chart justifying his growth estimate for the second-largest cryptocurrency.

“Family… I have a confession to make. I received a message from the Lord while meditating. He said to drop that coin POS of Sam and profess your love for Archangel Vitalik. So I dumped $SOL and put in more ETH. ETH = $5,000,” he wrote.

At the time of publication, the price of Ethereum was listed at US$2,312.35, up 3.2% in the last 24 hours. In the last seven days, the cryptocurrency has registered a growth of 1.2%. Solana, on the other hand, was trading at US$93.72, up 7.7% in the last day. The fifth largest asset saw its price rise by 18.2% in the last week.

Solana for US$ 100

The Solana (SOL) cryptocurrency was undoubtedly a positive surprise for the market given its performance and recovery throughout 2023. Amid its impressive growth, billionaire Arthur Hayes, co-founder of BitMEX, shared a very optimistic forecast for the price of the now fifth largest asset on the market.

In a recent publication, Hayes said that the price of the Solana cryptocurrency will soon surpass three digits. According to his prediction, SOL will reach the $100 price zone.

It is worth remembering that the recent trajectory of Solana (SOL) has been remarkable. The cryptocurrency reached a new milestone on December 20th, with its native token, SOL, trading at $84. This 14% increase is not only significant in itself, but also marks the first time since May 2022 that the value exceeds the US$82 mark.

Even more impressive, this 35% growth in the last two weeks has enabled Solana to surpass XRP in terms of market capitalization, consolidating itself as the fifth largest cryptocurrency in the world, excluding stablecoins.


The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.

Source: https://portalcripto.com.br/arthur-hayes-diz-que-largou-solana-para-comprar-ethereum-eth-para-us-5-000/

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