Solana’s price could surpass $370 in 2025, fueled by Trump team’s strategic SOL purchases.
$TRUMP memecoin’s launch on Solana drives daily trading volumes to $28.5 billion.
SOL faces resistance at $295 and $310; support holds at $240 amid bullish market sentiment.
Solana’s price shows strong potential to exceed $370 in 2025, fueled by increased activity in its blockchain ecosystem after the $TRUMP memecoin launch. Announced by President Donald Trump, the token has spurred significant trading volume, pushing daily transactions to $28.5 billion.
Trump Team’s Strategic Role Boosts Solana’s Popularity
The launch of $TRUMP memecoin, reaching a $27 billion market cap within hours, has created waves in the crypto market. While there’s no direct evidence that Trump’s team purchased additional Solana (SOL) tokens, the ecosystem continues to benefit from the token’s success.
Solana’s high transaction capacity and low fees made it the blockchain of choice for the memecoin launch. Following this, network activity surged, with transaction fees climbing to $35 million. The Trump team also reinvested $7 million in liquidity fees back into Solana, s…
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