• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How Trump's Measures Boosted Solana's Prices

user avatar

by Giorgi Kostiuk

2 months ago


President Donald Trump's executive order on cryptocurrencies has led to significant price increases in Bitcoin and Solana. What impact will this have on the market in the near future?

Trump's Support and Its Impact on Solana

Trump's endorsement of the World Liberty Financial project resulted in increased transactions on the Solana platform, significantly strengthening its market position. This surge in transaction activity has led to congestion on the Solana network.

Will Solana Reach $300 Soon?

Currently, SOL has seen a 5.66% rise within the last 24 hours, with its trading volume reaching $9.69 billion. Over the past week, it has increased by 22.91%. Indicators suggest continued upward momentum, but Solana faces significant resistance around the $270 mark. If surpassed, the price could soar to $300.

Prospects and Risks in the Cryptocurrency Market

Despite the optimistic outlook, the cryptocurrency market is known for its volatility, and caution is advised as fluctuations can occur unexpectedly.

Trump's current support is driving significant changes in the crypto sphere. Solana is seeing substantial growth, but investors should consider potential market risks.

0

Share

Other news

Nasdaq and S&P 500 Futures Crash: What Does It Mean for Cryptocurrencies?

The sharp drop in Nasdaq and S&P 500 futures poses risks for the crypto market. Let's explore the possible impacts.

user avatarGiorgi Kostiuk

a few seconds ago

MAGACOINFINANCE: Growth, Support, and Potential

MAGACOINFINANCE gains momentum into the year 2025 with a raise of over $4.5 million.

user avatarGiorgi Kostiuk

6 minutes ago

Fidelity's Major Investment in Bitcoin: A Signal of Growing Confidence

Fidelity invested $118.8 million in Bitcoin, highlighting growing institutional demand and long-term confidence in cryptocurrency.

user avatarGiorgi Kostiuk

8 minutes ago

Binance Implements Measures to Protect Users Trading Volatile Altcoins

Binance strengthens monitoring of 10 volatile altcoins, introducing regular risk assessments for users.

user avatarGiorgi Kostiuk

8 minutes ago

U.S. Cracks Down on Houthi Funding Through Cryptocurrency

The U.S. Treasury has frozen eight Tron addresses linked to Houthis to curb their operations’ funding.

user avatarGiorgi Kostiuk

8 minutes ago

TRUMP Memecoin Falls Below $10 Following Trump's Tariff Wars

TRUMP memecoin's price drops amid tariff wars, causing investor concern.

user avatarGiorgi Kostiuk

9 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.