The analysis suggests that Solana (SOL) is poised for a potential reversal against Ethereum (ETH). The SOL/ETH chart on the daily timeframe shows a pattern similar to one from four years ago, where a significant drawdown was followed by a consolidation period and a subsequent mega rally for SOL. It is currently trading around 0.04 ETH. There's a falling wedge formation, suggesting a likely breakout through the upper line. A $300 target is mentioned for SOLUSD chart. The target comes about by measuring from the December 18 low around to the point the trend breaks out of the wedge. A key point made is that rate cuts, particularly around the September 17 and October 29 Fed meetings, could catalyze a positive move for SOL. Market is pricing in rate cuts during the mentioned September and October timeframe with over 50% chances.