Solana To $300 Next?🚀Technical Analysis w/ Evan Aldo

Solana (SOL) has staged a strong rebound in recent weeks. The token is trading near $240, and up over 35% in the past month. The rally has reignited a familiar debate in crypto circles: can Solana sustain this momentum and make a run toward $1,000 in 2025?

Guest: Evan Aldo
Evan Aldo Youtube Channel ➜ https://bit.ly/EvanAldo
20% off Evan Aldo Course ➜ https://bit.ly/EvanCourse ➜  Use code "paulbarron"

~This episode is sponsored by Gemini~
Sign up for The Gemini Credit Card and get an extra $50 in crypto!➜ https://bit.ly/GeminiPBN

00:00 Intro
00:10 Sponsor: Gemini
01:00 New highs, crypto highs next?
01:30 Tom Lee: What do the fed want from cutting?
02:30 Evans top 3 coins
03:00 Solana analysis
04:20 Mike Novogratz: Why SOL is flying
05:20 Sell $ETH for $SOL?
06:30 Solana pullback?
07:30 Helium explodes: $HNT analysis
09:00 Others vs $ETH
11:10 SUItember?
13:00 Gemini IPO = $GEMI
13:30 $CRCL analysis
14:30 $XRP analysis
16:15 $AVAX analysis
17:30 Evan alt portfolio update
19:30 Evan vs $SOL
21:00 Outro

#Solana #Crypto #Ethereum
~Solana To $300 Next?🚀Technical Analysis w/  ⁨@EvanAldo⁩  ~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺

Episode Transcript

Speaker 1 (00:00):
Solana is on a bullish breakout today. We're going to
give that to you and a lot more. You don't
want to miss it. My name is Paul Bera. Welcome
back into the show. Before we get started, I want
to thank our sponsor and that is Gemini. You guys
can now go over and get the MasterCard World Elite card.
You can do it in a Bitcoin card, a XRP card,
or the Gemini card. The great thing about this is you,
of course are all eligible for four percent back in

(00:23):
whatever token you want, So this is truly earning digital
assets as you're spending.

Speaker 2 (00:29):
It's the only way to go.

Speaker 1 (00:30):
Use our link down below to get started get the
Gemini credit card. It does help the channel out all right.
So I want to bring in Evan to Aldo. As
you guys know, we do a bunch of breakdowns, So Evan,
welcome into the show man.

Speaker 3 (00:41):
How are you great to be on aw He's an
honor so yeah.

Speaker 1 (00:45):
If you guys don't know, check out Evan's channel over
on YouTube. Just go over to Evanaldo dot com and
you can find out what he's trading. A couple of
things he's going to talk about today is these all
coins are set to pump.

Speaker 2 (00:56):
Next Well, we'll talk about that and more. Of course.

Speaker 1 (00:59):
Right now, Salon is on deck with a lot of
things happening with Evan.

Speaker 2 (01:04):
When you look at just in general, the.

Speaker 1 (01:06):
S and P five hundred now closes at an all
time new high. Another one that we're continuing to see
plus thirty six percent since the bottom of the market
in twenty twenty five. Another fifteen trillion in market cap
in five months, Evan, this.

Speaker 2 (01:21):
Is heating up.

Speaker 1 (01:21):
We're starting to get in some big action. I want
to play a clip for you and then get your response.
This is Tom Lee talking about what the Fed's going
to do.

Speaker 2 (01:29):
Take a look.

Speaker 4 (01:30):
I think that we want to not be like over
simplistic and thinking about this number one, What is the
Fed going to try to accomplish by cutting, especially if
they're worried about the employment market weekning. They want to
get the ism to actually go back above fifty. They
want corporates to start hiring, they want businesses to be confident.

(01:51):
So this rate cut is not just a symbolic cutting
of interest rates for mortgages. It is really an attempt
by the Fed to get the economy to grow again,
to actually increase the job market, that's really bullish for
small caps.

Speaker 1 (02:07):
Huge for small caps, which usually means all coins. We're
going to potentially see some shift into a little bit
riskier projects out there, Evan. Right now, when you look
at the total three and you look at the potential
here I'm on the weekly chart right now, and you
look at the potential of now what is could be
the breakout at setting it about one point one two trillion,

(02:30):
and you look at all coins in general, starting to
make a play. What were the three all coins that
you were talking about?

Speaker 3 (02:37):
So the three ones that I really like right now
and this is mainly based in the etherorem evaluation now
performing etherum so Avax excellent one apperform e theorum Chainleink
excellent one app perform e theorem, and we'll talk about it.
It's one of your favorite coins, Salana, very high likely
with outperforming theorem into the end of the year.

Speaker 2 (02:55):
All right.

Speaker 1 (02:56):
So if that is the case, if you look at
total three right now and you're I'm trying to figure
out how to play the all coins that could be
on the move right now, a couple of points you
want to take a look at. Everybody is pointing at Solana.
Of course, a couple of points that they're hitting at
long term rally. Solana's open interest now surging seven billion
over Solona's price rally, which is around the two hundred mark,

(03:19):
trading up a lot today it's over two forty, so
you're to date revenue about two and a half more
than Ethereum. That's another one that plays into this. So
there's big demand here. Where would your chart put Solana
right now as is as of today.

Speaker 3 (03:33):
The ETH evaluation looking excellent, Solona versus Eth right there.
Rare bullish sign is just the important thing, because if
you can't help orform ETH, what's the point this bottom
in twenty three similar situation, been years since you saw that.
We look at Solon at itself right now in terms
of an actual price what everyone wants to know. I
could easily see you going in the next couple of
days and to the end of the month, next few days,

(03:54):
to next two weeks, two sixty seven seems very likely.
After that, I think you could potentially see a jump
up to four hundred into the end of the year.
That four hundred market is huge. I wouldn't completely say
that you can't go higher, you know, up to six fifty.
That'd be the highest I could see you going into
end of the year. But my most likely target into
the end of the year somewhere between October and December

(04:15):
is four hundred for Salona. So there's a lot there.

Speaker 1 (04:18):
I want to go to a clip here because this
is Mike Novigrat's talking about why we're seeing Solana move
right now, take a look.

Speaker 2 (04:24):
You know why Salona.

Speaker 5 (04:25):
At this moment, total transactions per second Solona can do
in a day is fourteen billion. That's more than total
transactions on on equities, fixed income commodities and for in exchange. Right.
And so you've got a blockchain that's now fast enough
Taylor made to be the blockchain for financial markets. And

(04:48):
you've got an SEC share saying I want you to
build on chain. And so those two things are lining up.
I'm calling this the season of Soul. Behind us, you've
got Dan moorehead who's coming with the Sole Fund, a
treasury company.

Speaker 1 (05:08):
Yeah, so a lot happening Solana, treasury companies starting to
layer in the likelihood of starting to see real uh
maybe real rotation right now? Would you sell any of
your e for Solana right now? Or would you continue
to hold both assets.

Speaker 3 (05:24):
The way I do it. I continue to hold from
what I have. But yes, if I wanted to, I
think there's a high likelihood that it can be a
little risky, But yes, I think Salta likely will perform
you theorem into the end of the year. Be careful
in twenty twenty six, though, you know, you get excited
for a few months and then you know what happens usually.

Speaker 1 (05:42):
So yeah, exactly, Let's take another look here. Of course
x stocks continue to fly. They're now available to swap
in phantom. This is another catalyst that has been moving
out there within Solana, both token is stocks and crypto
all in one place. This is a big advantage because
it does get moving into a very accelerated point around

(06:02):
x stox token is stocks on Solana. And we're going
to talk about one of the biggest launches in crypto
today with the Jemmy token. We'll get into that in
a minute. But again, this is just very bullish for Solana.
Where would you put the pullback at if you were
tracking this out, looking at what you're seeing right now
on you know, the Fibonacci's and take a comparison to

(06:26):
what you're seeing in market cipher, where do you feel
the pullback would be on Solana?

Speaker 3 (06:31):
So the first pullback And it's interesting too, like you're
coming up, you're kind of pumping into the FOMC meeting,
which is going to happen relatively soon September seventeenth, and
I mean that's kind of a place where you may
intersect with two eighty three. So it could be that
two eighty three get everyone scared at the FOMC meeting,
you come back down for potentially I don't know, you know,

(06:53):
nothing too crazy, maybe twenty percent pullback something like that,
and then October into the October into potentially October November
into end of year four one hundred, and then you know,
if the star is really a line into the end
of the year, maybe just maybe six hundred. So but
let's hope for four hundred. I think the market will
peak somewhere between October and December. So you know, if

(07:16):
it peaks in October, it'll be four hundred. It peaks
in December, you got a better shot at six hundred.

Speaker 2 (07:20):
Yeah.

Speaker 1 (07:21):
Well, and there's there's a lot rolling out in terms
of how the you know, the ecosystem will play as well,
I want to go over to Helium real quick. Helium
mobile staffs. You guys probably saw this carrier off load
seven carriers. Now key is this is up and to
the right. Users are growing, numbers are exploding, Mobile signups

(07:43):
are flying. H and T though has kind of been
back and forth. When you look at H and T
the token which is now technically the mobile token, how
would you play this one?

Speaker 2 (07:55):
Would you go into Helium right now?

Speaker 3 (07:57):
I think it's a good bet. Yeah, I mean it's
been very lackluster kind of you know, like you were
mentioning here and if you look at the Helium chart
right over here, you know you kind of have a
triple bottom, some type of reverse head and shoulders, which
is one of my favorite you know, not a the
best head reverse edd shoulders, but some type of pattern
where if you break upward, you have a technical target

(08:17):
that's pretty high up, which would bring it up to
around you know, just under seven dollars.

Speaker 2 (08:21):
So I think you.

Speaker 3 (08:22):
Got a decent potential at like a three x, you know,
up to some of these areas to make a new
all time high, you know, breaking above these areas ten
dollars to sixteen, you would need a lot of crazy
crazy good good news. But to get a two or
three x up to seven dollars, I think it's pretty
likely in the coming month, right yeah, yeah, gets a
good bet.

Speaker 2 (08:41):
Yeah, a good bet.

Speaker 1 (08:42):
So lacking helium right now definitely depressed a little bit
in the sense of current price. What is on the
move is ethereum as of today, after we've seen some
movement obviously with Bitcoin over one fifteen and I think
at one's sixteen this morning. But when you look at
eth right now, most capital now setting in on Ethereum
right there. In terms of tokens, obviously you see kind

(09:05):
of the layout here.

Speaker 2 (09:06):
On the total three.

Speaker 1 (09:07):
But when you look at the total three and you
look at also what we're going to see within all coins,
would you go the ethereum right right now or would
you continue to maybe reposition your portfolio into more all coins.

Speaker 3 (09:23):
So when you look at this charge total others versus ethereum,
which is everything outside the top ten market cap versus ethereum,
you're seeing this major kind of area anchorwave on the
weekly right here. You know, the last time you saw
something similar back here was June of twenty four. You
had a big jump in that area you coul zoom
out even more. Last time you saw it here was
January of twenty one, so very similar. I mean, obviously

(09:45):
you had an all coin season early, you know, last time,
this was kind of your main all coin season where
things out prefermed ethereum in the beginning of twenty one,
and I think it'll be more likely that you'll see
it in the end of this year and a quarter
four of this year. In the next few months here
for a big jump up to hopefully this area. So
potentially your average all cooin cannot perform Ethereum by up
to one hundred percent, maybe maybe even more now when

(10:07):
we look at ethereum itself. Obviously a nice jump up here.
I think into the end of the month, you know,
you should at least hit forty eight hundred. You might
just might hit fifty four hundred if we do see
a breakout, and that would you know, you've been kind
of in this range for since August right now, you
know it's been over a month. You're a dude to
probably break upward at some point here. Fifty four hundred

(10:29):
potentially is what you could see by the end of
this month. Now, that's where if you wanted to map
this out. That's where I would That's where I would
say you could potentially see a pullback here and it
would be you know, I would guess ten percent, maybe
a little bit more back to some of these areas,
something of that nature, you know, in beginning of October,
maybe after the FOMC meeting, you know, hard to say exactly,

(10:49):
but something like that. And then in October, I would
hope for seventy three hundred, if this cycle can get
extended a little bit more into end of year, you
might just might be looking at a ten or eleven
k EVE by the end of the year. But my
main target, my main guess for the market cycle peak
for this seventy four hundred around that area.

Speaker 2 (11:08):
Let's take a look at Swie.

Speaker 1 (11:11):
You have a Dane hitting on this right here. This
is kind of a little bit cryptic, but next week,
mind blown, we're going to get a big, big release.
We anticipate there could be some movement here, possibly within
things we've reported on before around Pokemon. And if you
look at the market around Pokemon cards, this is crazy

(11:32):
how much it has grown. That's the S and P
five hundred compared to baseball cards. Meta platforms, Pokemon cards.
People just don't realize how big this is in terms
of investment, and now the potential here of tying it
into something.

Speaker 2 (11:44):
Like Swie could be pretty big. What do you like
about SUI right now?

Speaker 1 (11:48):
In the short term, we'll call it September, and then
let's look by end of year.

Speaker 3 (11:55):
So yeah, I mean, I think the big debate for
Swie right now is like, can you outperform Salon? And
I mean I think you might be able to. It's
tough to say. I think they'll at least follow. It
does look really good. In the short term, you get
the four day you know trigger wave right here, I
would look at you know, if you're talking short term,
next couple of weeks, I would hopefully at least yeah,
I could at least see four dollars, you know, this

(12:15):
target by the FOMC meeting into the end of the month,
and then hopefully maybe a little correction from there. Hopefully
from that correction you'd break upward and hit up to
you know, old all time high run five dollars, and
then you should easily be able to in October hit
I would say six dollars, you know that kind of area.
I mean that's not even a double. So I mean

(12:35):
my goal for this would be at least you know,
seven to fifty, you know, kind of at least a double,
you know, kind of in that area. And then I mean,
if things go really really well, a triple up to
ten dollars big FID level could be in the cards.
So my target anywhere from like six sixty to all
the way up to ten dollars bend a year.

Speaker 1 (12:52):
But I want to go over to the Winklevoss situation.
Right now, Gemini of course priced in their IPO at
twenty eight to share. I think it's trading somewhere around
forty five bucks right now. They've halted it twice, and
the ticker is Jemmy g E M I. So this
is something that is very bullish for I think the
market in general. But you look at not only what's

(13:14):
happening with Gemini, you also look at other potentials out there.
This is Bernstein talking about circle sustaining growth. Whether or
not that's a play you would make, I'm kind of
curious for you. I know, right now Gemini has already launched,
it's taking off right now. Would you invest in crypto
adjacent stocks right now?

Speaker 2 (13:36):
In general.

Speaker 3 (13:38):
I mean, it's hard to say because there's not too
much data on them and they're very new. If you
look at the thing, we can compare it to as
kind of coinbase, which if you look at, usually the
sequels worse than the original, and Coinbase didn't do too well,
and first IPO to just followed bitcoins, So I would
guess some of these would probably have a negative twenty
twenty six Circle is already down good amount, so that

(14:01):
could be one that I would keep my eyes on.
And if we look at that sharp for circle right here,
and it's sound quite a bit hit a major level
bubble pop pattern, I could see this, you know, easily
tracking back up to two hundred with bigcoin at anue
all time HI two forty could be possible to get
up to four hundred something crazy like that. I don't
know if that's really there, but I could definitely see

(14:23):
this remaining positive for the next few months. I think
it's a decent PUI.

Speaker 1 (14:27):
The SEC chairman, Paul Atkins, just wrapped up meetings with
the ECB. This was with Kristen Laguard and they're doing
a handful of things. First of all, a couple of
things he said in the meeting was a direct quote
from Mackins. Crypto's time has come. Most cryptos are not
securities anymore, and then they're pushing for a super app platform.
So we could see trade Linn's steak all that under

(14:48):
one roof starting to go into cross countries.

Speaker 2 (14:52):
And I think that, of course, along with.

Speaker 1 (14:54):
US and EU regulatory alignment both you know what's happening
in Genius most likely market structure, Mika, maybe this could
explode a lot of this cross and maybe border cross
border payments as well as just more integration between the
two markets. So good stuff in general. XRP, let's take
a look at it, because that might be one that

(15:15):
gets hit the reason in both positive and possibly even negative.
But you've got ETFs coming into the market, Canary Capital
now on DTCC along with others. What do you think
about XRP right now? How does your chart show?

Speaker 3 (15:30):
I think it generally looks pretty good if we go
to the XRP chrt. I mean it had a nice
bottom here, you got a nice trigger wave over on
your three day, which is a pretty rare bullish sign,
and I think that easily brings you back up to
you know, three dollars thirty cents, three dollars up to
three dollars sixty cents, you know, that old all time high.
And then my target for the longest time on this

(15:50):
has always been you know, between Ford to where's it. Yeah,
forty six dollars right there, So that's kind of the
main target. I mean, these are the big fibble levels
right there, so I think you can easily get up
to you know, four dollars. That's not even a double
from where we are right now into the end of
the year. So I think it's a pretty safe bet.
I mean, we'll do as well as you know, is
a lot of some of the other ones like Salana

(16:12):
we talked to, Probably not, but you know, I think
it'll generally go upward.

Speaker 1 (16:16):
You mentioned Avas in there as another buy right now.
Give me your chart on Avalanche through end of year.

Speaker 3 (16:24):
Oh yeah, that's a great one. So first thing I'll
show you on Avalanche is Avax versus Eth because we're
obviously trying to out perform Ethereum. Look at this big
place that we hit in September of twenty three versus Eth,
and you jumped up into the end of that year
three hundred percent almost against eth same area. So far,
you've jumped up thirty percent against EATH. I think you
easily could keep going here. And when we look at

(16:45):
AVAX itself right here, we're breaking up, well, a lot
of things really aren't breaking, you know, up necessarily, and
you have a technical target out of this double bottom
this breakup right here all the way at forty eight dollars,
all the way at forty eight dollars that could be
a good goal onto the end of the month, could
target into a month, and if you could break above there,

(17:06):
that would give you a new target that would be
all the way up at your old all time high,
which I think you know, you got a decent shot
of hitting somewhere between one hundred to that old all
time high area one fifty in to the end of year.
I kind of don't think you're going to make a
new all time high and hit two hundred bucks, but
I think there's a lot of potential here for you know,
a three potentially four x here.

Speaker 1 (17:27):
So yeah, three to four x Okay, So we're going
to share our uh evans and mine are all coin portfolio. Well,
we're just going to short share it right now. Let's
talk about it, because we put one hundred k in
this thing, and the idea was as we were buying
specific positions across a lot of different tokens.

Speaker 2 (17:49):
Right now, we're out performing Bitcoin pretty.

Speaker 1 (17:51):
Solidly over on the twenty four I'll look at the
thirty day because we're been kind of been up and down, Evan,
but we're back floating above the top with a fourteen
almost fifteen percent profit. Right now. We'll take a look
at the tokens here. Of course, as you guys can see,
there is Ethereum leading the pack. I've sorted this out
by profit loss. We've got Solona number two, Arbitrum, chain Link, Chronos,

(18:17):
and then Avalanche and then ave even Cardano in here,
some Ono, some Jupe. We're not losing on a lot
of tokens. So everything is up right now. Is there
anything we would do to this portfolio at all? Right now?
Would we leave it as is? Continue to write it?

Speaker 3 (18:36):
I would say probably leave it as is. If I
were to do anything, I would sell some ether and
convert it into Avax, chain Link and one in Solana.

Speaker 2 (18:47):
Okay, so let's let's do this.

Speaker 1 (18:49):
I'm going to sell fifty percent of the Ethereum our
current holdings is around twenty five grand, so we'll sell
about twelve and a half on that. We'll move that
and sp that into Solana and Avalanche. Because we're only
only seventy four hundred. That would put Solana as our
number one position. Oh and chain Link sorry three, those

(19:10):
three that would only put but that would probably move
Solana into our number two, no our number one position.

Speaker 2 (19:18):
You're okay with that.

Speaker 3 (19:19):
Let's keep Salana an Eath even I don't. I don't
want to have Maybe keep Salona Eath even you know
what I mean, sell some of the eth but I
don't know if we want Solana to be number one Evan.

Speaker 1 (19:29):
So just I want to play with this because this
is something that we did from a research standpoint. We
didn't pull the trigger on the purchase like we did
on the all Corn portfolio, but we said, what if
we purchased all Solana on this portfolio the one hundred k.

Speaker 2 (19:46):
This is where we would be if we.

Speaker 1 (19:48):
Were all in on Solana right now, up thirty four percent.
So how do you argue going into one token versus
the diversified portfolio?

Speaker 6 (19:59):
All now you hijacket I Hango was not on my
list my list is. Granted that is true, you still
may have performed it, but I don't know.

Speaker 2 (20:12):
Okay, all right, well we're gonna we're letting it ride.

Speaker 1 (20:15):
So we're going to see at the end of the
game anyway, just to see. Hey, these are always fun anyway,
just you know, to have fun with you know, different
little trading exercises. Because listen, if you're up, you know,
it doesn't matter if you're up. You know, obviously everybody
wants to double x or you know, uh, two x
three x four x their portfolio is. But the point

(20:37):
is is that you're trying to minimize risk within all
these strategies, so we'll keep you abreast of all that.

Speaker 2 (20:43):
Again, this is not financial advice. We're not telling you
to go out and do this.

Speaker 1 (20:46):
This is just having fun with our own money, trying
to figure out how things work and how to play
into this. So Evan, it's always fun having you on
the show. Thank you so much for coming in.

Speaker 2 (20:55):
We appreciate it great, Thanks so much. It was not
all right you get if.

Speaker 1 (21:00):
You're not in the diamond circle, get in right now
because this is where we'll drop an additional email out
to you where I talk about things just like this,
including some kind in some cases my own investing portfolio.
What I'm doing personally not investment advice, but hopefully it
gives you some direction go out there and do the
research on what you think would work for you. And
of course, if you're not following me on X, do that.

(21:21):
It's just at Paul Baron. We'll catch you next time,
right here on The Paul Baron Show