1Yr·

What's going on with Solana right now

$SOL (-11.73%) When are you going out on Sunday evening? Or how long does this rally last?

7 Comments

1Yr

Future position (2x leverage): 30% of position out with DCA, would like to sell some more before Trump takes office at ~$270
-> ROI: good 80% within one month

Spot position: not touched, 100% unrealized

•

Sansebastian@Sansebastian

1Yr

Why Sunday evening?

••

fund_commander_1196@fund_commander_1196

1Yr

Trump's term begins on Monday, I have slight concerns about crypto

••

Sansebastian@Sansebastian

1Yr

@fund_commander_1196 ah okay

••

stock_virtuoso_1204@stock_virtuoso_1204

1Yr

@fund_commander_1196 but why think about it?

••

Billy@Billygeen

1Yr

Chatgpt says...
There have been several notable developments around Solana (SOL) in the last few days:

Donald Trump's Memecoin: US President-elect Donald Trump announced the launch of his official memecoin called $TRUMP on January 18, 2025. Within a few hours, the token reached a market capitalization of 3.3 billion US dollars. The $TRUMP token was launched on the Solana blockchain, which led to a 9.9% increase in the SOL price to USD 234.

Bullish price predictions: Analyst Ali Martinez identified a "cup-and-handle" pattern on Solana's monthly chart. This technical chart pattern indicates a potential price target of USD 4,700, which would correspond to an increase of around 1,891%.

Strategic crypto reserves: According to reports, Donald Trump is planning to include altcoins such as Ripple (XRP) and Solana (SOL) in a government crypto reserve alongside Bitcoin. This measure could strengthen the position of the US in the global crypto market and have a positive impact on the prices of these cryptocurrencies.

These developments underline the dynamic nature of the crypto market and the growing importance of Solana in the global context.

••

Chandra@Chandra

1Yr

Since I've only bought crypto from Scalable, I don't think I'll be selling on Sunday. 😂
(Before anyone says anything, yes, I know Scalable only offers ETPs and not real coins. But the performance is the same, so I don't care).

••