The cofounder of Three Arrows Capital, Su Zhu, predicts that the price of Solana's native cryptocurrency, SOL, may surge as it approaches the Breakpoint event, an annual conference organized by Solana. Zhu believes that the community's increased anticipation of partnerships and significant announcements at the event will drive the price up. On-chain analyst Ali Martinez also forecasts a potential price increase for SOL using the TD Sequential indicator. However, factors such as market volatility and general bearish sentiment in the crypto space may impact SOL's price. Currently, SOL is trading at $128.86, experiencing an extended drawdown over the past month.



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