Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term?
Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term? | Breaking Crypto News & Blockchain Updates
Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term? — Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economi...
Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets, with Solana emerging as a focal point amid global economic uncertainty.
SOL has shown impressive recovery strength, climbing 8% from its April 30 low of $140 to around $152, with daily trading volume jumping 35% over 24 hours. This resilience comes as US-China trade relations deteriorate, creating ripple effects across traditional and digital asset markets.
The move comes as the broader market gauge CoinDesk 20 Index, climbed about 4% on Thursday.
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Joe Lautzenhisercontributed reporting.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human.Read more about CoinDesk's AI Policy.
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