🥛 6 SOL price catalysts approaching 📈

GM. This is Milk Road, the newsletter that shakes crypto’s Magic 8 Ball to bring you daily insights.

Here’s what we got for you today:

✍️ When will alt euphoria hit?
✍️ 6 $SOL price catalysts for the next 6 months
🎙️ The Milk Road Show: How Coinbase Is Powering the Next DeFi Boom w/ Morpho & Aerodrome Founders
🍪 Avalanche aims to raise $1B for two $AVAX treasury firms

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Prices as of 2:00 PM ET, provided by CoinGecko.

WHEN WILL ALT EUPHORIA HIT? ⏰

It’s all happening!

The TOTAL2 (the market cap of all crypto, minus Bitcoin) has broken its 4yr resistance line and continued to climb. 👇

Source: TradingView

And as of yesterday, we officially flipped into Alt Season – a time in which 75% of the top 50 altcoins have outperformed $BTC over 90 days:

Source: BlockchainCenter

…so why aren’t my friends and family texting me for crypto tips like they usually do when alts start to outperform?

Maybe the lack of contact is due to the comments I made last Thanksgiving?

Or maybe it’s because (as mentioned yesterday) we’re not in the real Alt Season just yet.

The current alt dominance is being driven by weakness in $BTC and resilience in alts – for things to get crazy, we want to see strength in both, but for alts to grow at a faster clip.

So what could get us there?

Alt Season is typically correlated with an uptick in ISM’s Purchasing Managers Index (PMI) — which tracks how much money is being piled into wholesale goods by producers.

Once it breaks 50 and continues to move up, the real Alt Season can begin:

Source: TradingView

But hold up – what do corporate purchasing managers have to do with crypto?

When businesses load up on goods it’s typically in preparation for economic expansion.

As the economy expands → people/businesses earn/save more → some of which is invested in crypto.

One way to kick start that expansion is to put more money in the pockets of businesses and consumers, via rate cuts.

(Which make loans easier to access, and repayments cheaper to service – leaving businesses/people with more money once their bills are paid.)

Old news: the market is expecting up to 3 rate cuts this year.

New news: we could be getting 3 more after that!

Source: @DeItaone

Meaning over the next 8 months we could see 6 cuts totaling 1.5% (or more), flooding the economy with extra cash and potentially pushing crypto prices way up.

That period (starting Sep 17, at 2pm ET) is likely when the real Alt Season begins.

And if you want to trade Ethereum and/or Solana-based alts in the lead up – Milk Road Swap has you covered.

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6 SOLANA PRICE CATALYSTS FOR THE NEXT 6 MONTHS 📆

Apologies in advance for the not-so-subtle victory lap, but…

Did you do it? Did you heed our warnings??

Aug 13 Edition: “Alt Season isn’t here yet — but it certainly feels like it’s on its way”
Aug 19 Edition: “$SOL is underperforming $ETH 'cause it doesn't have that same ‘narrative juice’ as Ethereum right now…but it’s next in line”
Aug 28 Edition: “$SOL breakout soon”

We sure hope you did, ‘cause since that last edition:

1/ $SOL has broken out and continued to rip

On Wednesday, Solana broke through a six-month resistance line, amidst an almost week-long winning streak.

Source: TradingView

2/ SOL/ETH has reversed

Since April, the SOL/ETH ratio (aka: $SOL priced in $ETH) has been going down – meaning Solana has been weakening compared to Ethereum (1 $SOL has bought less and less $ETH).

That was until late August, when it reversed (and hasn’t looked back).

Source: TradingView

3/ Price catalysts have begun to execute

We know, we know – we’re bordering on insufferable at this point, but lettuce drop just one more self-reference…

The potential $SOL price catalysts we listed in August 28th’s edition? They went like this:

Movement on any major US-based Solana spot ETFs
Public Solana treasury announcements from major players (in the $1B+ range)
Progress on – or dare we say, ‘the launch of’ – Firedancer (which will help to solve Solana’s downtime issues)

Yeah, well – they’ve started to execute.

This morning, it was announced that Galaxy’s Solana Digital Asset Treasury (DAT) has officially started buying (helping to push $SOL’s price up 5% in the past 24hrs)! 👇

Source: @arkham

Now, lemme put a bow on this thing with an updated list of 6 Solana price catalysts that could or should hit over the next 6 months…

Final decision on US spot $SOL ETFs (10th of Oct 2025)
Continued buy-pressure from Galaxy’s Solana DAT ($FORD)
Pantera Capital’s $1.25B raise for its own Solana DAT (closing soon)
Firedancer progress (though, we’re not holding our breath on this one)
Solana’s Alpenglow upgrade (scheduled to launch in Q1 2026)
A total of eight potential rate cuts between now and next April

Magic 8-ball says: Outlook good.

P.S. If you want to see how much of our PRO All Access Portfolio is made up of Solana, as well as what other tokens we’re trading in real–time, join Milk Road PRO All Access here!