30.9 C
New York
Tuesday, August 12, 2025

Solana Value Prediction: SOL Eyes $250 Goal After Trump NFT Airdrop Goes Viral

Must read

NFTs airdropped to Attendees and registrants of the Trump meme coin gala dinner are catching hefty value tags, elevating the Solana value outlook with elevated market exercise.

Speculators are eyeing the U.S. President’s rising crypto engagement as a catalyst for retail flows into the Solana community, with viral traction fueling the altcoin.

Very like how Official Trump pushed Solana to a brand new excessive by drawing retail exercise on the Pump.enjoyable platform, these NFTs may make a case for SOL as one of the best crypto to purchase.

Has Trump Catalyzed the Solana NFT Market

Three tiers of NFTs had been issued to Trump meme coin gala dinner members, every tied to a person’s stage of involvement with the challenge.

As promised, in the event you participated within the “Dinner With Trump”, your $TRUMP NFTs are actually in your pockets. These NFT’s are on Solana. They’re historic collector’s gadgets that remember the Crypto President!
🎖 1. If you happen to efficiently registered for the dinner, 2. had been prime 220 on the…

— TrumpMeme (@GetTrumpMemes) June 2, 2025

The rarest of the three, “Diamond Fingers”—awarded to those that held all through the dinner—is at the moment demanding the very best market worth, with one sale valued at 99.9 SOL.

With the thrill, the Trump-backed NFT assortment seems to have pushed a broader wave of dealer exercise.

Magic Eden, Solana’s prime NFT market, has reported a 181% 24-hour improve in platform quantity and an 80% improve in gross sales.

24-hour NFT trading volume and sales. Source: Magic Eden.
24-hour NFT buying and selling quantity and gross sales. Supply: Magic Eden.

Well-liked pseudonymous X dealer Jeremy commented on the $16,000 sale as proof that “tradition is worth and Solana continues to show it.”

Solana Value Evaluation: May SOL Push to $250?

Solana finds itself at a key inflection level because it retests the ascending channel that has guided its restoration for the reason that mid-April market backside.

SOL / USDT 1-day chart, ascending channel. Source: TradingView, Binance.
SOL / USDT 1-day chart, ascending channel. Supply: TradingView, Binance.

Instant resistance sits at $153, aligned with the 0.618 Fibonacci retracement stage—a important help zone that always indicators the tip of short-term corrections.

This stage will act as a proving floor for Solana’s bullish construction. If it fails to carry, a breakdown may ship the Solana value to decrease Fibonacci ranges close to $117.50.

Nevertheless, momentum indicators counsel that purchasing stress may information near-term strikes.

The MACD line has adopted a brand new uptrend in direction of the sign line, paving the trail for a possible golden cross—usually an indicator of a near-term uptrend taking root on the each day.

The RSI follows swimsuit, climbing again towards the impartial line after dipping into oversold territory, indicating that bulls might quickly regain management.

A profitable bounce from $153—paired with continued momentum—may set Solana heading in the right direction to check the sample’s higher resistance at $215, a 37% transfer from present ranges.

In a breakout situation, this uptrend may prolong towards the $265 value goal, marking a possible 70% acquire.

Merchants Have Simply 12 Days to Catch a Larger Alternative

New ICO Solaxy ($SOLX) might be the largest beneficiary of a Solana value breakout as its first-ever Layer-2 scaling resolution, filling a important hole within the ecosystem.

Solana has lengthy lacked this functionality, limiting its DeFi and cross-chain use case—till now.

By processing transactions off-chain and finalizing them on Solana, Solaxy considerably reduces congestion and lowers transaction prices, whereas providing seamless interoperability throughout each blockchains.

With nearly $44 million in its ongoing presale, traders are already rallying behind the challenge. When demand for Solana returns, it might be the one to reap the contemporary ecosystem liquidity.

There are just below 12 days earlier than this part ends, unlocking the untapped demand of exchanges.

You’ll be able to sustain with Solaxy on X and Telegram, or be part of the presale on the Solaxy web site.

The submit Solana Value Prediction: SOL Eyes $250 Goal After Trump NFT Airdrop Goes Viral appeared first on Cryptonews.

More articles

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 comments
Oldest
New Most Voted
Inline Feedbacks
View all comments

Latest News