Crypto analysts are projecting significant gains for Solana (SOL), Cardano (ADA), and Polkadot (DOT) as the market enters a phase of altcoin rotation. Solana's ETF countdown has generated intense excitement, with approval odds now above 90%, potentially pushing the price toward the $300 target. Analyst Lark Davis highlighted that the ETF discussion alone has positioned Solana as a leading asset for Q4 2025, and a Nasdaq-listed company recently added $530 million worth of SOL to its treasury, signaling strong institutional confidence. Data from Coin Bureau shows record inflows into Solana ETPs, and a daily close above $240 could trigger a run to $300.
Meanwhile, Cardano is showing signs of recovery after months of consolidation, with analyst Timofei noting a pattern similar to Solana's early 2023 setup that led to a massive rally. Founder Charles Hoskinson emphasized plans to integrate Bitcoin DeFi and real-world asset (RWA) tokenization, aiming for a total value locked (TVL) of up to $15 billion, which could close the performance gap with Solana. ADA's price is expected to rebound toward $3, with the cycle bottom believed to be near.
Polkadot's ETF prospects have also boosted optimism, as the 21Shares Polkadot ETF appeared on the DTCC list, indicating readiness for potential U.S. approval. The current price trades near $4.17, but analyst Michaël van de Poppe suggests a weekly close above $5 could spark a rally to $6 or $7. Network upgrades in 2025, including Elastic Scaling and Agile Coretime, are designed to enhance performance and attract more developers, further supporting growth. The altcoin rotation wave is driven by institutional interest and market capitalization shifts, with altcoins now accounting for nearly 40% of the total crypto market cap of over $4.2 trillion.