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The crypto market seems to have returned to bull after absorbing the drop at the beginning of the week, and the price of Solana (SOL) is gearing up for dizzying forecasts. The new executive order signed by Donald Trump for the establishment of a digital asset reserve in the USA has brought back that confident sentiment typical of a bull market. Now the forecasts highlight the possibility that SOL will reach the price target of 300 dollars by the end of January. Let’s see all the details below. The crypto market is regaining lost ground after the latest retracement: watch out for Solana (SOL) The cryptocurrency market regained strength yesterday after the strong correction observed at the beginning of this week, driven by the gains recorded by Solana (SOL) and other cryptos. On Monday, the prices of the major crypto assets were in deep red, shaken by the launch of the memecoins TRUMP and MELANIA that had stolen the public’s attention. A few days later, however, optimism returns to smile on the crypto markets, with Bitcoin (BTC) turning bull above 105,000 dollars. The reason that triggered this rise is likely represented by the signature of President Donald Trump for the executive order that sees the United States establish a reserve of digital assets as Treasury. This news has brought greater conviction among crypto traders that the USA will continue to favor the growth of the crypto world under the new administration. In particular, it is thought that in the coming months new crypto ETFs may be added and that new favorable regulations for the industry could emerge. TRUMP ORDER ON CRYPTO TO DEVELOP NATIONAL DIGITAL ASSET STOCKPILE: FOX — *Walter Bloomberg (@DeItaone) January 23, 2025 Solana (SOL) leads the current recovery with a growth of 7.2% in the last 24…

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Filed under: News - @ January 24, 2025 2:23 pm