SOL exhibits strong bullish sentiment for both the 3D (Long-term) and 1D (Mid-term) TPIs: which indicates promising growth potential that may fill the channel fib level at 1 (~34).
Furthermore, SOL is currently displaying signs of outperformance compared to ETH: A green SOL/ETH color implies that SOL is surpassing ETH, and if the bullish trend persists, SOL may offer higher returns in the mid-term.
Assuming that the CPI does not significantly erode market participants' confidence, alternative cryptocurrencies (altcoins) are expected to experience further growth, and SOL may be an excellent investment opportunity in such a scenario.