Solana Eyes
New ATH
as Donald Trump Wins, Fueling Bullish Sentiment
in the Crypto
Market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
Solana Eyes New ATH as Donald Trump Wins, Fueling Bullish Sentiment in the
Crypto Market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта
by Bitcoinist
59 mins ago
in Press releases
0
Donald Trump s recent victory in the US elections has sparked renewed
hope especially for top altcoins like Solana . The post-election rave
propelled Solana to the standout winner after it blew up 17% to overtake BNB
in the coveted top four.
Right now, Donald Trump s pro-crypto stance has heightened speculation
about an ETF that could actualize analysts projection of a Solana ATH .
In fact, many analysts are predicting a rally to $1000 on the back of its
growing DeFi ecosystem. Could we actually see a new Solana ATH under the new
US pro-crypto administration? One way to find out!
Donald Trump s win saw Solana s price surge 17% post-US
election. Is a new SOL ATH on the horizon?
The recently concluded US elections, which saw Donald Trump emerge as a
winner, provided a springboard for the SOL price, which went an impressive 17%
hours after the announcement. The bullish push has propelled Solana to a
staggering $87.3B, catapulting it to the fourth-largest crypto by market cap.
Market watchers are convinced Trump s return will change regulatory
rules around cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта. Many are even projecting a Solana ATH ,
especially with the on-chain uptick and growing investor confidence. In fact,
Solana has showcased its strength after toppling Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum in daily network
fees and DEX growth. Beyond this, TVL has skyrocketed beyond $6.6B, the third
largest.
Analysts bet big on Solana ATH as odds of ETF rise
An important reason for the jump is the growing bullish sentiment around
Solana s institutional adoption and optimism for a Solana ETF in Donald
Trump s pro-crypto administration. Following his victory, market
analysts raised the odds of a Solana ETF approval by an extra 20%—especially
since notable investment firms and managers, including VanEck and 21Shares,
are already in the race.
Syncracy Capital s Daniel Cheung weighs in on the bullish sentiment and
predicts that Solana could see a boost in chances of ETF approval and run to a
new ATH. In fact, many Twitter KOLs are joining the bullish outlook, and many
are pegging a Solana ATH of at least $500.
Can the new DeFi powerhouse also reach a new ATH?
Solana s post-US election run shows there s more in store for
crypto assets before 2025. With Solana s recent growth, a strong DeFi
presence, and now Trump s potential backing, investor confidence in a
new Solana ATH has never been stronger. This bullish sentiment has even seeped
into newer, Solana -like, utility-driven DeFi-focused projects.
One such is the Lunex Network, which is raising the dust with a strong presale
performance after raising nearly $2M in mere weeks. The massive adoption that
Solana got has highlighted the importance of innovation one that Lunex
Network aims to provide with its cross-chain, high liquidity AMM DEX with
ultra-high speed and low fees.
What s even more intriguing about this project is its revenue share
program, which promises incentives for participation. Now, you see why
investors poured almost $2M in a vote of confidence, and the Trump win could
mean big demand for ingenuity like Lunex s. Lunex’s native utility token
LNEX is selling at just $0.0020 making now an excellent opportunity to snap up
his 100x moonshot gem!
You can find more information about Lunex Network (LNEX) here:
Website : https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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