According to a post on Binance, Solana (SOL) is predicted to surge to $400 by November 2024, fueled by the emergence of meme coins related to the US election. Merkle Tree Capital's CIO, Ryan McMillin, made this forecast, highlighting meme assets like Jeo Boden (BODEN) and Doland Tremp (TREMP) for contributing to Solana's outpacing of Ethereum in trading volume. McMillin anticipates this trend to persist. The rise in meme token values coincides with increased cryptocurrency backing from one of the presidential contenders, Donald Trump.
