Solana has continued to ride the crypto rollercoaster with pure class. Coming from an all-time high of $295 down to where it currently hangs loose at $230, on a downward spiral across markets, SOL is still up a whopping 40% from last week. Yeah, that’s what made the difference-keeping its spot as a top contender in the crypto game.
The hype kicked off with the launch of the $TRUMP meme coin—a mega-move on the Solana blockchain. This coin isn’t just any meme coin; it dropped with a jaw-dropping $10 billion market cap and has everyone talking. Alongside Solana legends like Raydium, Jupiter, and Bonk, $TRUMP is giving Solana major clout.
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Crypto Twitter went crazy when Trump’s 2024 presidential win boosted the coin’s buzz. He’s pushing to make the U.S. the “crypto capital,” and Bitcoin’s price is vibing with that energy too, doubling recently.
With the $MELANIA coin and other projects popping off, Solana is proving it can ride the biggest cultural waves. Some stans are even calling for SOL to hit $300 soon. Whether it’s meme coin chaos or FOMO, Solana is still making major moves. Stay tuned—it’s looking spicy out there.
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TL;DR: Solana’s down but definitely not out. Catch the vibes and watch the ride.