Solana left its competitor ethereum biting the dust with weekly profits of 27% and a rebound of almost 6% on Friday. The native token of the Solana block chain is recovered, the technical and chain indicators point to new profits in the next week.
<h2 class="wp-block-heading" id="solana-vs-ethereum-trump-crowns-a-winner”>Solana against ethereum, Trump crown a winner
Solana added more than 27% to its value in the last seven days according to TrainingView data. The ethereum competitor expanded his profits on Friday, going up another 6%. The Altcoin quote 12% below its historical maximum of $ 295.83.
While chain data intelligence platforms confirm that President Trump possesses ethereum, the pro-descriptomoneda leader launched his Meme Trump currency in the Solana block chain. In addition, the Made in USA narrative favors Solana, along with other Made in USA tokens such as XRP, Cardano (ADA) and Avalanche (Avax).
According to a <a target="_blank" href="https://www.cnbc.com/2025/01/14/crypto-etfs-have-opening-to-innovate-in-2025-but-demand-may-be-weak.html” target=”_blank” rel=”nofollow”>CNBC report Published on January 14, the “Official Trump” currency was announced in the accounts x and Truth Social elected on Friday night and began to quote Friday at a price of $ 4.29 and has risen more than 600% to $ 33.21, according to TrainingView data. .
The report aligns the broadcast and launch of the MEME currency as the last fundraising effort of the Trump team after two nft collections, Trump Digital Trading Cards on the Polygon.
Blockchain and Trump bitcoin Digital Trading Cards in bitcoin and the Defi World Libertial Financial platform in ethereum.
With President Trump choosing Solana for the launch of his Token Meme, Sol has been crowned as a winner against his competitor ethereum.
Chain analysis supports profits in Solana
Santiment's data shows that Solana's commercial volume shot on January 19; Since then, the metric remains stable above the average of 2024. The open interest in Solana observed picos this week, along with positive financing rates most of the days of this week. The sun's price maintained its bullish impulse, driven by the bullish thesis.
While the commercial volume and activity of Solana users remain stable, it could boost the profits of the Altcoin. The chain analysis is backed by bullish signals from the technical indicators in the Sun/USDT price chart.
Coinglass data shows that OI rose almost 3% in the last 24 hours, reaching 7.40 billion dollars. The option of options increased almost 44% in the same period.
The merchants of most centralized exchanges are optimistic about Solana, according to the long/short rattle relationship.
The ETF Spot Solana based in the USA. UU. They could become a reality in 2025
Greg Magadini, director of Amberdata derivatives, told crypto.news in an exclusive interview:
“Vaneck requested a Solana ETF in 2024, I think that narrative will return, the great obstacle is the question of whether it is a value, it is a basic product and things like that. If we had a more friendly sec, you could see an easier path for approval.
I could see this type of friendly landscape start a new era of corporate meme coins, obviously we have the meme coins that have just been launched in Solana such as Trump and Melania, but we could also see something like Boeing Airlines that just launched a meme coin in Solana. And there is the possibility of a new adoption of some type of meme currency between different corporations that launch their own products, I don't know what that would be, but I think the door has been opened for that. ”
Magadini remains optimistic about the approval of the Solana ETF in the US. In 2025.
Technical analysis and forecast of Sun Price.
Solana trades 12% below its historical maximum of $ 295.83, at $ 262.32. In Sol/USDT daily price graphics, technical indicators support profits in the price of Solana. The relative force index is 67 and has an ascending slope and the green bars of the histogram in the divergence and convergence of the mobile average show that there is a positive impulse underlying in the tendency of the sun's price.
Sol could find support in the fair value gap between $ 222.11 and $ 236.68.
Kraken analysts confirm that Solana continues their strong ascending impulse and quotes above the key exponential mobile averages, after establishing a new historical maximum above $ 260. Analysts are cited in Kraken's OTC report:
“This impulse movement originated by not closing below the 200 -day EMA and the trend line, supporting about $ 168, with the 50% fibonacci setback level at $ 230 now providing key support. Following this strong rebound, the RSI has approached the territory of overblain about 75, which reflects a strong bullish impulse but also indicates a possible caution for the short -term operators.
A decisive daily closure above $ 260 would confirm a renovated bullish impulse and would probably pave the way for a greater rise exploration, with $ 280 and $ 300 emerging as the next key objectives. However, if it is not maintained above $ 230, Sol could visit lower support levels, the following important area that the bulls must defend. “
Messari analysts analyze the launch of Meme Trump and Melania currencies in the Solana chain and point out that their impact on the record volume of Solana dex of 85 billion dollars backed an upward feeling among merchants.
Cryptographic market participants see this as an important mile In the long term, the role of the future meme launch currency and how Trump's commitment to cryptocurrencies could shape the industry over the next four years.
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