Ethereum News Today: Bitcoin, Ethereum, Solana Project 100X Gains by August 2026

Bitcoin, Ethereum, and Solana are showing strong technical momentum that could position them for significant long-term gains by August 2026. Analysts highlight bullish price action and alignment with historical breakout patterns, suggesting that a $100 investment in each of these cryptocurrencies might grow into $100,000, assuming the projected price targets are achieved [1].

Bitcoin, which has experienced a prolonged period of consolidation followed by a clear upward trend, is displaying a recovery structure with sustained strength above key moving averages. Throughout late April and May, the asset recorded higher highs and higher lows with shallow pullbacks, indicating strong buyer interest. In June and July, sideways movement remained within the long-term trendline, with buyers consistently reinforcing the bullish setup. Analysts note that the convergence of key moving averages in August marks a potential catalyst for a sustained rally [1].

Ethereum recently closed at $4,743.24 with a 3.08% gain, demonstrating a stair-step rally pattern. The price surged through multiple resistance levels with measured pullbacks, showing controlled corrections and steady momentum. The Relative Strength Index remained near neutral, avoiding overbought conditions while maintaining a constructive base for further gains. Despite a brief cooling off period after reaching $4,775, Ethereum retained most of its gains, reinforcing its long-term bullish trajectory [1].

Solana, on the other hand, completed a bullish harmonic pattern on its 1-hour chart, surging from the $182 range to over $202. This sharp move was accompanied by increased trading volume, signaling strong demand and possible short covering. Following the breakout, Solana experienced healthy profit-taking around the $200 level, suggesting a balanced market response rather than panic selling. Analysts stress that maintaining the $197–198 support level is crucial to preserving upward momentum, with a potential target of $205 if the trend continues [1].

The broader market context suggests that Bitcoin and Ethereum could benefit from regulatory developments and increased institutional adoption, while Solana is well-positioned to capitalize on capital rotation from larger cryptos. However, these projections are based on analysts' forecasts and are not guaranteed outcomes. Investors are encouraged to approach such potential with caution, recognizing the volatile nature of the crypto market [1].

[1] Source: [1] Title: 3 Cryptos That Could Turn $100 Into $100,000 by August 2026: Bitcoin, Ethereum, and Solana

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