Solana up 8% despite global macroeconomic tensions, could it hit $155 in the near future?
Author: AI Boost | Edited by: Aoyon Ashraf May 1, 2025, 5:09 PM
Geopolitical tensions and changing trade policies continue to impact cryptocurrency markets, with Solana taking center stage amid global economic uncertainty.
SOL has shown impressive resilience, rising 8% from its April 30 low of $140 to around $152, with daily trading volume up 35% in 24 hours. This resilience comes as trade relations between the US and China deteriorate, creating ripple effects across both traditional and digital asset markets.
The gains came as the broader CoinDesk 20 Index gained about 4% on Thursday.
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