Solana (SUN) surged today, supported by recent political and market developments. Over the past 24 hours, Solana has seen a remarkable increase in its price by more than 11%reaching $240, its highest intra-monthly value. This performance comes against the backdrop of a broader cryptocurrency rally fueled by the resolution of the XRP issue with the SEC, as well as specific catalysts like the “Trump effect.” In this article, we explore the impact of Donald Trump’s influence on Solana – called “effet Trump” – since the launch of $TRUMP token to potential ETFs, and analyze the performance of the SOL price and its future potential leading to a Solana price prediction.
What is the $TRUMP Effect on Solana?
The $TRUMP token, launched on the blockchain Solanacaused a sensation with its spectacular debut. Advertised on Truth Socialthe token reached a market capitalization of 8 billion dollars in a few hours only, with a trading volume close to $1 billion and one impressive 300% increase in value in the first three minutes trading. The massive success of the launch of the $TRUMP token, in particular with the choice of the Solana blockchain, has strengthened Solana, as evidenced by the rise in the price of SOL. This is it, the$TRUMP effect on Solana.
$TRUMP Token Details
1- Supply and Distribution :
The token has a total supply of 1 billion tokenswith 200 million available at launch. The remaining tokens are planned to be released over three years, with 80% allocated to creators and CIC Digitalsubject to a blocking period.
2- Technical and Security Aspects :
Blockchain analysts have noted similarities between the $TRUMP token and Donald Trump’s previous NFT projects, suggesting a consistent technical approach. Initial concerns about the security of the social media accounts were resolved by subsequent confirmations of the integrity of the accounts.
3- MoonPay integration :
MoonPay, a payment infrastructure provider, enables seamless transactions for the $TRUMP token, supporting credit/debit cards, Apple Pay and Google Pay, making the token accessible to a wider audience.
The strategic decision to launch $TRUMP on Solana highlights the blockchain’s scalability, low transaction costs, and high throughput—key attributes that align with the token’s ambitious goals.
-The Trump Effect Explained: Pro-Crypto Policies and the “America First” Strategy
Donald Trump’s pro-crypto stance has had a ripple effect in the cryptocurrency industry, called the “Trump effect.” His appointments of pro-crypto figures, such as the former COO of PayPal David Sacks as AI and crypto czar, and Paul Atkins as future SEC chairman, signal a shift toward a more favorable regulatory environment. With the latest news regarding the “America First” strategy to support US Coin under the crypto reserve plan, this reinforces the “Trump” effect on Solana and other US currencies.
ETFs XRP et Solana
The potential of ETFs Solana to launch in the United States has gained traction under this new administration. Several companies, including VanEck, Bitwise et WisdomTreeare reviewing ETF applications for Solana and XRP. Analysts anticipate approval times of around 240 days under new SEC leadership, paving the way for a launch in late 2025. These ETFs also align with Trump’s “America First” strategy on his agenda, in prioritizing US-based assets like Solana and XRP.
SOL Course Performance Analysis
Solana’s recent performance highlights its growing dominance in the cryptocurrency market. Currently, Solana is valued at 240 $just below its all-time high (ATH) of 264 $. The current market capitalization amounts to $117 billionmaking it the fifth largest cryptocurrency. With an additional $21 billionSolana could surpass Tether USDt and claim fourth place, trailing only XRP.
Solana Price Prediction
Market analysts are optimistic about Solana’s trajectory:
- Court Terme : Given its current momentum and institutional interest, Solana could challenge its ATH of $264 in the coming weeks. If that’s not reached before Trump’s inauguration on Monday, Jan. 20, it could be surpassed soon after, depending on what happens at the event.
- Medium Term : The potential launch of Solana ETFs in 2025 and the growing adoption of its blockchain could propel its value to 300 $+.
- Long Terme : By 2030, some forecasts estimate that the value of Solana will reach 6 600 $driven by technological advancements and mass adoption.
The impressive performance of the SOL price over the last 24 hours and its rally in the broader market underlines the “Trump” effect on cryptocurrencies. From the groundbreaking launch of the $TRUMP token to potential ETFs, Solana is solidifying its position as a leading blockchain platform. With pro-crypto policiesinstitutional interest and technological innovations, Solana is ready for a promising future.
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