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Cryptocurrency News Articles

Solana Bulls Target $1k Under President Trump As JetBolt Takes Spotlight

Feb 06, 2025 at 03:42 am

President Trump’s decision to halt trade tariffs has ignited a bullish surge for Solana, pushing prices up a bit following its previous larger price dip

Solana Bulls Target $1k Under President Trump As JetBolt Takes Spotlight

Solana (SOL) price soared on March 8 after U.S. President Donald Trump announced that he will be putting trade tariffs against Canada and Mexico on hold for now. This news comes as a breath of fresh air for beleaguered crypto analysts and holders after a barrage of sell-offs.

Solana price reached a daily peak of $218.01 after the trade tariff announcement. This positive development offered a welcome respite amidst a barrage of negative macroeconomic news impacting the crypto market.

Now, the question on everyone’s mind is: can Solana bulls realistically target a $1,000 price point if bullish renewal makes its way back into the crypto charts? Let’s take a closer look at the possibility.

Solana Price Sensitive to Macroeconomic Factors, Trump’s Pro-Crypto Stance May Help SOL

Solana (SOL) price recently surged, reaching a daily peak of $218.01, following an announcement that trade tariffs against Canada and Mexico will be put on hold by President Trump. This positive development offered a welcome respite amidst a barrage of negative macroeconomic news impacting the crypto market. Now, the question on everyone’s mind is: can Solana bulls realistically target a $1,000 price point if bullish renewal makes its way back into the crypto charts?

Solana (SOL) price soared on March 8 after U.S. President Donald Trump announced that he will be putting trade tariffs against Canada and Mexico on hold for now. This news comes as a breath of fresh air for beleaguered crypto analysts and holders after a barrage of sell-offs.

Solana price reached a daily peak of $218.01 after the trade tariff announcement. This positive development offered a welcome respite amidst a barrage of negative macroeconomic news impacting the crypto market.

Now, the question on everyone’s mind is: can Solana bulls realistically target a $1,000 price point if bullish renewal makes its way back into the crypto charts? Let’s take a closer look at the possibility.

Solana price chart for the last 24 hours (Source: CoinMarketCap)

Undoubtedly, the recent SOL price jumps demonstrate Solana’s sensitivity to macroeconomic factors. And with President Trump’s pro-cryptocurrency stance fueling economic events in favor of crypto, Solana might theoretically be able to benefit greatly in a more pro-crypto environment.

Solana experienced earlier gains in January when President Trump launched his TRUMP meme coin. As the TRUMP coin launched on Solana’s network, analysts quickly credited this event as a catalyst skyrocketing SOL’s improved standing in the marketplace.

The current market landscape under President Trump presents both opportunities and challenges for Solana. The speculative nature of SOL based tokens like TRUMP can increase interest in Solana, but may also negatively impact Solana’s growth and hinder its upward momentum. While Solana may experience larger price increases during Trump’s term, a $1,000 target seems less feasible in the very short term.

JetBolt Grabs the Spotlight with Its Zero-gas Technology As Solana Is Influenced by Macro-Economic Trends

As Solana is influenced by macro-economic trends, JetBolt (JBOLT) proceeds to impress with its zero-gas tech on the Skale network, which eliminates gas fees completely. This game-changing innovation removes one of the most significant friction points in blockchain transactions. Consequently, this breakthrough has placed a spotlight on JetBolt among crypto enthusiasts and developers seeking efficient and next-gen solutions for crypto transactions.

Moreover, the JetBolt ecosystem features a SocialFi staking model that blends traditional staking with active community engagement. In this model, holders who stake their JBOLT tokens can earn extra rewards for blending staking while interacting with others on the platform.

JetBolt integrates not one, but two cutting edge technologies in its ecosystem, with the second being AI. In addition, the JetBolt platform also integrates an AI-powered news aggregator that consolidates blockchain news articles from various third-party sources and organizes entries by market sentiment.

Throughout its ongoing presale, JetBolt offers unique perks including batch discounts and Alpha Boxes, which allow buyers to enjoy up to 25% extra tokens for batch purchasers. Altcoin seekers are rushing to JetBolt, eager to grasp their tokens before the next daily token price increase at presale.

As Solana prices sway in accordance with wider macro-economic shifts influenced by President Trump’s new tariff announcements, the young token JetBolt demonstrates remarkable strength during its presale phase. JetBolt’s innovation continues to capture substantial market interest, grabbing the spotlight as it emerges as one of the more exciting projects of 2025.

Solana Bulls Target $1k Under President Trump As JetBolt Takes Spotlight

President Trump’s decision to halt trade tariffs has ignited a bullish surge for Solana, pushing prices up a bit following its previous larger price dip, and inspiring in SOL’s most ambitious fans hopes for the coin to eventually

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