After a bearish October thus far, the crypto market is turning bullish again.
This week’s interest rate cut, the Federal Reserve’s pause in quantitative tightening, and the new US–China trade agreement have created a strong risk-on environment. Bitcoin and Ethereum have already reclaimed $113,500 and $4,000, respectively.
Top analysts have also flipped bullish on Solana, which hit $200 on Sunday.
Prominent crypto trader Ali Martinez has given a new Solana price prediction, backing the asset to hit $290 in November, considering it has successfully held the $180 support level.
He highlights that SOL is trading within an ascending channel and has successfully defended its lower trendline, a major bullish signal.
Meanwhile, smart money investors are back to being bullish on Solana meme coins. Besides mid-caps like Fartcoin, a new low-cap token, Snorter (SNORT), is going viral in the final few hours of its presale.
Several top crypto influencers are calling SNORT the next 10x crypto.
Solana Price Prediction: How High Can SOL Go This Year?
The crypto bull market is turning bullish once again.
The US Federal Reserve is set to cut its target rate by another 25-basis-point this week, down to 375-400. Interest rate traders are betting on yet another 25 bps cut in December as well, CME FedWatch odds reveal.
There is a strong likelihood that the US Fed will end its quantitative tightening, a program that drains liquidity from the market and creates selling pressure on risk assets.
The lower interest rates and the end of QT would lower the borrowing costs, paving the way for a strong rally.
Meanwhile, a major de-escalation in the US-China trade war has given a boost to crypto prices. US Treasury Secretary and China’s Li Chenggang reached a trade consensus in their talks on Sunday, and a new agreement will be finalized in Donald Trump’s meeting with Xi Jinping this week.
Experts believe that a new crypto bull market is on the horizon, and Solana is expected to be one of the top performers. The strong institutional demand for SOL, and its upcoming spot ETFs are expected to play a major role.
Besides Ali Martinez, other top analysts are also giving bullish Solana price predictions. TraderSZ is sticking with his original price targets of $300 and $390 in the short term and $500 at the cycle top.
Popular trader BitBull agrees with the $500 price target.
Snorter Tipped As The Next 10x Crypto
Solana meme coins show a strong correlation with SOL, especially since smart money investors view them as beta bets.
Now, a new Solana meme coin, Snorter (SNORT), is going viral just days before its Initial Exchange Offering.
With just hours left in its presale, SNORT has already raised nearly $6 million in early investments, despite the broader market bearishness. Several top influencers are among its early buyers, with most viewing it as a potential multi-bagger play.
SNORT is the platform token of the Snorter bot, a full-stack crypto trading and sniper bot, built within the Telegram app.
Snorter Bot combines speed, automation, and security to give traders a competitive edge in Solana’s fast-moving meme coin markets. Its Telegram-based sniper allows users to instantly detect and buy new token launches the moment liquidity is added, often ahead of the crowd.
It features built-in contract scanners that identify honeypots, rug-pulls, and other red flags before trades are executed, significantly reducing risk.
Traders can also automate entries and exits, mirror profitable wallets, and set take-profit or stop-loss levels directly from chat. With just 0.85% trading fees for SNORT holders, Snorter has emerged as the fastest and cheapest Telegram trading bot for investors.
It is, therefore, not surprising that many top analysts are calling Snorter the next 10x crypto, with some even eyeing up to 100x returns.
Nikolay is a cryptocurrency analyst and market writer with years of experience tracking digital asset trends and emerging blockchain technologies. A long-time crypto enthusiast, he actively trades across major exchanges and specializes in identifying early-stage projects and meme tokens. His analysis combines technical insight with a strategic, long-term investment perspective.
