Solana Price Prediction: SOL Surges 15% Because of Trump…Here’s Why
The post Solana Price Prediction: SOL Surges 15% Because of Trump…Here’s Why appeared on BitcoinEthereumNews.com.
The crypto market has been on a rollercoaster ride, with most cryptocurrencies experiencing major sell-offs. However, Solana (SOL) is defying the trend, surging over 15% in a single day. The reason? Former U.S. President Donald Trump just announced a Crypto Strategic Reserve, featuring Solana as one of the selected coins. This revelation has sparked fresh investor interest, pushing SOL’s price to $160. With bullish momentum building up, the question remains: Is Solana on its way to $300? As the crypto market moves fast, so should you. Open an account with Bitget to easily get started trading cryptos. Crypto Market Crash & Recovery The crypto market recently suffered a major downturn, with most top coins losing over 20% of their value. However, Trump’s endorsement of certain cryptocurrencies has helped shift market sentiment, leading to a partial recovery. Among the biggest gainers is Solana, which has seen renewed investor confidence as traders speculate on its long-term role in the crypto space. –> Click here to easily trade Solana today <– Solana Price Analysis after the Trump News SOL is currently trading around $160, marking a 15% increase in the past 24 hours. This sudden price jump was triggered by Trump’s unexpected Crypto Strategic Reserve announcement, which included Solana as one of the key cryptocurrencies. This has fueled speculation about SOL’s future, with many traders now eyeing higher price levels. If momentum continues, $200 could be the next major resistance, setting the stage for even bigger gains. SOL/USDT 1-day chart – Bitget Platform via TradingView Solana Price Prediction: How High will Solana Price Reach? Looking ahead, Solana has strong upside potential. If the market continues to recover, SOL is projected to reach $300 in the medium term. A major rally could unfold if Bitcoin hits $100,000, potentially pushing Solana even higher. For now,…
Filed under: News - @ March 2, 2025 4:25 pm