Monsta Mash ($MASH): The New Solana (SOL) Alternative Poised to Outshine DOGE – How a $460 Dogecoin Bet Became $1 Million

Since Solana hit an all-time high of $264, it has dropped to as low as $180. Could the recent price surge be a start towards its previous position?

DOGE is recovering after a week of consolidation. This shows that DOGE could resume its run towards its $1 target if the upward trajectory is held.

Solana To Trade Above Its ATH Of $264 in 2025

Solana has been among the best-performing cryptos over recent years. In November 2021, SOL reached a new ATH of $264. After this rise, Solana began a downtrend dropping to $185, about 30% from its all-time high. Some analysts believe that Solana's drop is a healthy correction while others believe the volatility could persist if technical issues are unresolved.

Solana's price today is $192.44, down 1.25% in the last 24 hours. Some analysts predict that Solana could hit an ATH of $271 by 2025. Its ability to overcome technical obstacles and earn back the investors' confidence will be crucial to its future.

Will DOGE HIT $1 Target in 2025?

DOGE is trading below its 50EMA located at $0.36, which indicates a struggle to regain its bullish momentum. Despite the recent declines, its RSI is closer to the neutral zone at 42. For a new uptrend, DOGE needs to break through its 50 EMA at $0.36 to gain the market's positivity. If this is successful, it may target the upper resistance between $0.38 and $0.40.

Dogecoin is trading at $0.320582 after losing 1.83% in the last 24 hours. By January, the price of the DOGE is predicted to drop by 10.70% and reach $0.0285267. The meme coin recorded 43% green days with 12.67% price volatility over the past 30 days, indicating a bearish trend.

Conclusion

Despite Solana’s downtrend, analysts are optimistic that the price will rise and attain a new ATH of up to $271 by 2025. DOGE has been trading in the woods, but its current price indicates it could regain its momentum.