Sherpa: Solana (SOL) Competitor Has More Upside Potential, Even as It Sits 30% Below ATH

A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap Ethereum (ETH) competitor.

Renowned cryptocurrency analyst and trader is bullish on a large-cap Ethereum (ETH) competitor.

The analyst, who goes by the pseudonym Sherpa, tells his 239,200 followers on the social media platform X that Solana (SOL) has more upside potential, even as the Ethereum challenger trades about 30% below the all-time high of around $263 hit in November of 2024.

“SOL pretty neutral chart overall in the short term but I still think SOL is going to go much higher later. To be determined if it’s going to outperform Bitcoin and Ethereum over long stretches like it has but it’s still the best place to gamble.”

Solana is trading at $186 at time of writing.

Turning to ai16z (AI16Z), Sherpa says that the AI agent crypto project has bottomed out and that his earlier bearish call was “wrong.”

AI16Z is trading at $1.30 at time of writing, up by 12,659% since the November 3rd low of $0.0102.

Next up is aixbt by Virtuals (AIXBT), a crypto market intelligence platform built by the artificial intelligence agent project Virtuals Protocol.

The widely followed crypto analyst notes,

“AIXBT [one-hour] chart is very interesting. It recently got listed with a spot market on Binance and I think this is a gigantic change for a coin that only had perpetuals markets. Strong moves today – is this going to be the fate of other AI coins if/when they get Binance spot? Let’s see.”

AIXBT is trading at $0.672 at time of writing, up by 2708% from the November 19th low of $0.0238.