Kraken Makes Bold Crypto Predictions

Crypto exchange Kraken has made some bold predictions about gainers across the cryptocurrency market. According to Kraken’s predictions, Solana is rising quickly, entering the fourth wave of what’s known as “price discovery.” Kraken reported, “Should Solana continue to follow this pattern and re-enter price discovery mode, one could expect Solana to move north towards the about $600 resistance into the 1st quarter of 2022.” At press time, Solana was sitting just under $164, still well off its all-time high from November of just over $260. However, Kraken believes that Solana can reach $600 by January of next year. Similarly, Kraken is predicting rallies for Ethereum, which the exchange believes could rise over 250%. Currently, Ethereum is sitting just under $39 hundred 50, well off its all-time high, and over $200 off its 24-hour high.