Four top asset managers including VanEck and 21Shares have filed for a spot Solana exchange-traded fund (ETF), whose approval could bode well for Solana tokens. Solana ecosystem tokens have been under bearish pressure due to the weak sentiment in the broader crypto market. However, these dips often present an opportunity for traders to buy low. In this article, we explore the top 4 Solana tokens that could easily rally 100x as the ETF approval deadline nears.
Top Solana Tokens that Could Rally 100x Ahead of SOL ETF Approval
The approval of a spot Solana ETF seems more likely after the asset was mentioned as part of the proposed digital assets stockpile. As the approval deadline looms, below are the top 4 Solana tokens that you can buy today for 100x gains.
Bonk (BONK)
SOL meme coins have been getting much attention and BONK is one of the top Solana tokens to buy for a 100x rally. BONK price has declined after a broader market pullback and trades at $0.0000118 after a slight 3% drop in 24 hours.
BONK is oversold after the recent downtrend as its RSI of around 33 shows. The Awesome Oscillator histogram bars are also shrinking, which hints at a bullish divergence and a bullish BONK price forecast.
If demand rises again and BONK flips resistance at the 50% Fibonacci level of $0.000036, the price could extend its gains to target the 123.6% Fib level of $0.000074.
Jupiter (JUP)
Jupiter is also one of the best Solana tokens to buy today. JUP is the native token of the Jupiter decentralized exchange (DEX) aggregator on the Solana blockchain. As such, unlike meme coins, the JUP token is backed by utility, making it more likely that the price could rally 100x.
Data from DeFiLlama shows the massive growth that the Jupiter DEX aggregator platform has seen in the last year. If this extends it supports a bullish Jupiter price prediction and could stir an over 100x rally.
Official Trump (TRUMP)
Official Trump is also one of the top Solana tokens to buy for significant gains. At press time, TRUMP trades at $12.20, and despite falling by more than 80% from its record high, it remains one of the top meme coins to buy due to President Trump’s recent pro-crypto utterances.
TRUMP also shows a strong technical outlook as a potential double-bottom pattern emerges on its four-hour chart. If this meme coin flips resistance at the neckline of this pattern at $17.73, it could fuel a rally toward $24.59, allowing traders to make swift returns.
Pudgy Penguins (PENGU)
The other top altcoin to buy that could also potentially rally 100x is Pudgy Penguins (PENGU). This meme coin has registered strong gains of 3.4% in 24 hours despite a pullback across the broader crypto market.
Pudgy Penguins price bounced after it was listed on the Robinhood exchange where it will be available to EU traders. Exchange listings tend to bode well for price and as more traders get access to PENGU, it could drive a notable recovery and even lead to a 100x rally.
Final Thoughts
Solana tokens have previously outperformed the rest of the crypto market, and such a trend could happen again. BONK, Jupiter, TRUMP, and PENGU could register a 100x rally amid a bullish technical outlook, rising adoption, and exchange listings.
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