Solana (SOL) ready for the "cycle trading"?

Solana (SOL) is rising to the sky this week. All developments indicate that SOL may be preparing for what Lark Davis, the founder of The Wealth Mastery, calls the "trade of the cycle."

This attention is not random. Currently, SOL seems ready for one of those rare market opportunities, a boom that you don't want to miss.

With the growing interest from institutions, ETF funds are being launched, and famous traders like Scott Melker (Wolf of All Streets) publicly declaring: "I am very happy to own Solana. My bag is full," all create a perfect formula for the Solana frenzy.

Price movement of Solana in September

Let's start with the actual events. The price of SOL in the first week of September fluctuated around the $200 mark and even broke through this threshold. This created a new rhythm for the month after a stable and consolidated summer.

SOL Price Chart | Source: TradingviewThe price surged to 214 dollars on September 4 and stabilized above 220 dollars on September 10. At the time of writing on September 12, the price of SOL continued to rise to the sky, heading towards 243 dollars.

Analysts' Opinions: "Cycle Trading"

Lark Davis's perspective often has a strong influence on the sentiment within the altcoin community. He emphasizes that, with the upcoming launch of Solana ETFs, the amount of SOL purchased from treasuries is increasingly rising, along with upgrades that make the Solana network faster and cheaper, the price can only go up.

He also pointed out that Bitwise CEO Matt Hougan believes that SOL could lead this price surge. The current position of SOL is similar to when Bitcoin was around $40,000 and Ethereum (ETH) was at $1,600. On the other hand, he is not the only one optimistic about Solana.

Cosmo Jiang from Pantera Capital is one of many analysts who have set different price targets for Solana for the remainder of the year, ranging from $250 to $400 during this cycle. Some traders even predict that the price could reach $1,000 by early next year in the event of a strong surge. Lark Davis himself predicts that Solana will triple in value during this bull run.

"The strong rise of Solana could cause the price to triple in a short period of time."

Meanwhile, Scott Melker (, also known as the "Wolf of All Streets" ) posted that his Solana bag is full and ready, emphasizing the level of confidence that top traders have in the potential for SOL to rise to the sky.

The idea of Solana reaching $1,000 in the near future sounds wild, but it is not just a wish on X. News about ETFs, continuous inflows of institutional money, and a new altcoin season could easily push SOL to $500, even $1,000 if everything goes according to plan.

Of course, such a "moonshot" rise depends on an ideal scenario: ETF approval, stable network upgrades, no serious security incidents, and the overall crypto market being vibrant.

But the important thing is: the fundamental factors of Solana are gradually converging. Recent technical upgrades of the blockchain, stable trading volume, along with a thriving DeFi/NFT ecosystem have attracted institutional investors to Solana.

If institutional capital continues to flow in and excitement about ETFs becomes a reality, Solana could far exceed cautious predictions.

ETFs, interest rate cuts, and institutional cash flow support for Solana

This cycle revolves around the market story and organizations participating enthusiastically. The prospect of spot ETF funds appearing for Solana and other major altcoins is not just an online joy but a reliable catalyst. The recent approval of Ethereum ETFs has set a precedent.

At the same time, rumors about interest rate cuts and liquidity injections from central banks make risky assets like SOL particularly attractive. This is the context that savvy traders like Lark Davis and Scott Melker are hoping for.

The DeFi volume, NFT activity, and payment infrastructure on Solana are all increasing, creating more real value than just hype.

The bullish argument is that if Solana maintains technical solidity, avoids security issues, and receives a "green light" from institutional investors, then aiming for a four-digit price target is entirely justified. However, as is often seen in crypto, the price still needs to "quickly break resistance" before making predictions too far from reality.

Minh Anh