Comparing IntelMarkets and Bonk as Solana targets $500 by Christmas.

Christmas is known to bring huge surges to the crypto market. As the days till Christmas count away, many analysts are wondering what the season will bring to cryptocurrencies like Solana (SOL) and  Bonk (BONK). At the same time, IntelMarkets (INTL) is emerging among the best crypto bets for this festive period.

Solana $500 price possible by Christmas

Solana’s fast and low-cost blockchain has become a game-changer for decentralized applications and DeFi.

SOL is currently trading at around $215, with a 24-hour trading volume of $5.26 billion, and a market cap of over $100 billion. Driven by favorable market sentiment SOL reached its ATH of $263.83 in November 2024. However, the altcoin has seen a decline of around 6% in the past week. 

Despite this, analysts believe the current market sentiment gives a bullish trend that could drive SOL to reach the $500 mark by Christmas. Solana’s solid technological advancements, increasing adoption, and overall positive momentum in the crypto market further fuels this optimism. 

BONK fueled by speculative trading

The meme-inspired cryptocurrency built on the Solana network, BONK, has gained quite a reputation due to its community-driven approach. BONK was launched on December 25, 2022, to rejuvenate liquidity on Solana-based decentralized exchanges. After launch, the token skyrocketed in price and added to the growth in Solana’s value.

Currently, BONK is priced at $0.000034, with a 24-hour trading volume of $457M and a market capitalization of approximately $2.6 billion. Following the initial spike in November’s massive market hype, BONK saw a massive price corre

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Author: Guest Post