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Cryptocurrency News Articles

Soaring Solana Reaches New ATH Under Official TRUMP—Is the Crypto President’s Swearing-In the Next Catalyst?

Jan 19, 2025 at 06:00 pm

Solana has soared to unprecedented heights, reaching a new all-time high after the official TRUMP coin made waves in the cryptocurrency market.

Soaring Solana Reaches New ATH Under Official TRUMP—Is the Crypto President’s Swearing-In the Next Catalyst?

Solana price soared to reach a new all-time high as the official TRUMP coin made waves in the cryptocurrency market. Investors and analysts speculate that the upcoming swearing-in of the crypto president could serve as the next major catalyst.

According to ChangeNOW, transaction volumes for coins like TRUMP and SOL surged, indicating increased activity among investors.

Solana price soared to reach a new all-time high as the official TRUMP coin made waves in the cryptocurrency market. Investors and analysts speculate that the upcoming swearing-in of the crypto president could serve as the next major catalyst.

According to ChangeNOW, transaction volumes for coins like TRUMP and SOL surged, indicating increased activity among investors.

Solana price soared to reach a new all-time high as the official TRUMP coin made waves in the cryptocurrency market. Investors and analysts speculate that the upcoming swearing-in of the crypto president could serve as the next major catalyst, potentially propelling prices even higher.

According to ChangeNOW, transaction volumes for coins like TRUMP and SOL have surged, suggesting that investors are actively engaging in the market. Let’s take a closer look at the recent price performance of TRUMP and Solana (SOL).

OFFICIAL TRUMP (TRUMP) Price Analysis

TRUMP price experienced a significant surge recently. Over the past 24 hours, its value ranged from $4.29 to $32.61, indicating strong upward movement. Over the last few days, the price fluctuated between $6.54 and $32.13. TRUMP has already soared by over 500% and continues its bullish pattern.

With a market cap exceeding $5 billion and a 24-hour trading volume surpassing $10 billion, bullish trends are influencing the market. Current momentum suggests the potential for further growth in OFFICIAL TRUMP (TRUMP), and it could reach new highs following a potential Binance listing.

TRUMP is available on ChangeNOW and can be swapped, purchased with a bank card or fiat money with no registration and no hidden fees.

Solana (SOL) Price Analysis

Solana (SOL) price showed a significant bullish move, with its price climbing over 31% in the past week and more than 19% in the past month. Currently trading between $172 and $213, SOL is showing bullish signs.

The Relative Strength Index is around 61, suggesting strong buying pressure. If the price breaks above the nearest resistance level at $238, it could target the next resistance at $280, potentially increasing by over 30% from current levels. Technical indicators like a positive MACD of 7.738 support this optimistic outlook. Overall, market trends indicate that bulls are currently influencing Solana’s price movement.

Solana price soared to reach a new all-time high as the official TRUMP coin made waves in the cryptocurrency market. Investors and analysts speculate that the upcoming swearing-in of the crypto president could serve as the next major catalyst, potentially propelling prices even higher.

According to ChangeNOW, transaction volumes for coins like TRUMP and SOL have surged, suggesting that investors are actively engaging in the market. Let’s take a closer look at the recent price performance of TRUMP and Solana (SOL).

Solana Gains Momentum as Bulls Drive Prices Higher

Solana (SOL) has seen a significant upward movement, with its price climbing over 31% in the past week and more than 19% in the past month. Currently trading between $172 and $213, SOL is showing bullish signs.

The Relative Strength Index is around 61, suggesting strong buying pressure. If the price breaks above the nearest resistance level at $238, it could target the next resistance at $280, potentially increasing by over 30% from current levels. Technical indicators like a positive MACD of 7.738 support this optimistic outlook. Overall, market trends indicate that bulls are currently influencing Solana’s price movement.

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Other articles published on Jan 20, 2025