Solana Leads as Analyst Sentiment Turns Bullish Across Five Crypto Assets

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Solana posted the strongest reading in a 30-day analyst consensus index covering five crypto assets, as the measure rose for Bitcoin (BTC), Ether (ETH), Solana (SOL), BNB and XRP after July. SOL’s index reached +72 in the Oct. 14 snapshot, with 31 of 34 analysts, or about 91%, taking a bullish view. Bitcoin’s reading climbed about 67 points during a 103-day comparison, rising from −18.3 on July 2 to +49.2 in the Oct. 14 snapshot. It moved above zero on July 27, when BTC traded at $63,800. In the snapshot, 137 of 164 analysts, or 84%, were bullish. BTC rose about 33% over the comparison. The current sentiment gain exceeded the one in the 2022-23 comparison, when Bitcoin’s index rose about 36 points, from −1.3 to +34.2.
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