{"id":45674,"date":"2025-01-20T11:38:58","date_gmt":"2025-01-20T11:38:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/solana-set-new-all-time-high-as-trump-fuelled-rally-spurred-price-growth\/"},"modified":"2025-01-20T11:38:58","modified_gmt":"2025-01-20T11:38:58","slug":"solana-set-new-all-time-high-as-trump-fuelled-rally-spurred-price-growth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/solana-set-new-all-time-high-as-trump-fuelled-rally-spurred-price-growth\/","title":{"rendered":"Solana Set New All-Time High as TRUMP-Fuelled Rally Spurred Price Growth"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/01\/tinywow_655b97df0bfd8a797d32ed92_Solana-a-Good-Investment_73435932-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/01\/tinywow_655b97df0bfd8a797d32ed92_Solana-a-Good-Investment_73435932-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/01\/tinywow_655b97df0bfd8a797d32ed92_Solana-a-Good-Investment_73435932-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/01\/tinywow_655b97df0bfd8a797d32ed92_Solana-a-Good-Investment_73435932-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Solana set a new all-time high of $295 as euphoria around the TRUMP memecoin spurs bullish interest.<\/li>\n<li>The network token rose over 20% on Saturday, Jan. 18 as on-chain trading volume reached $27Bn.<\/li>\n<\/ul>\n<p>Solana\u2019s network token, SOL, rallied to a new all-time high of around $295 following a spike in on-chain trading activity, which succeeded the announcement of an official TRUMP token late Friday, Jan. 17.<\/p>\n<p>Around 9:44 PM EST, President-elect, Donald Trump, tweeted the new memecoin from his official X account.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">My NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TRUMP<\/a> NOW. Go to <a href=\"https:\/\/t.co\/GX3ZxT5xyq\">https:\/\/t.co\/GX3ZxT5xyq<\/a> \u2014 Have Fun! <a href=\"https:\/\/t.co\/flIKYyfBrC\">pic.twitter.com\/flIKYyfBrC<\/a><\/p>\n<p>\u2014 Donald J. Trump (@realDonaldTrump) <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1880446012168249386?ref_src=twsrc%5Etfw\">January 18, 2025<\/a><\/p>\n<\/blockquote>\n<p>While initial buyers were cautious, thinking the announcement to be a result of hackers, crypto sleuths soon discovered the launch to be legitimate. Funds began to flow into the token 1 \u2013 3 hours post-launch.<\/p>\n<p>The memecoin\u2019s legitimacy, fuelled by Trump\u2019s popularity in the crypto space and his political position, drew traders who transacted a total volume of around $27Bn over the 24 hours after the token\u2019s launch.<\/p>\n<p><strong>Solana price action<\/strong><\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone  wp-image-263425\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/01\/SOl-Chart.png\" alt=\"\" width=\"881\" height=\"643\"\/><\/p>\n<p><a href=\"https:\/\/coinjournal.net\/solana\/\">Solana<\/a> rallied from $219.53 on Saturday morning to a high of around $290 on Sunday morning. However, the price did not close above the previous all-time high on the daily time frame.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-263426\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/01\/SOLUSD_2025-01-20_11-31-49_5b1c3.png\" alt=\"\" width=\"2048\" height=\"1138\"\/><\/p>\n<p>Price fell slightly from the new all-time high Sunday afternoon as open interest levels on Binance declined.<\/p>\n<p>SOL\u2019s price has begun to recover and trades at $264.32 as of publishing.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/solana-set-new-all-time-high-as-trump-fuelled-rally-spurred-price-growth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Solana set a new all-time high of $295 as euphoria around the TRUMP memecoin spurs bullish interest. The network token rose over 20% on Saturday, Jan. 18 as on-chain trading volume reached $27Bn. Solana\u2019s network token, SOL, rallied to a new [&hellip;]<\/p>\n","protected":false},"author":3947362368,"featured_media":45675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45674"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362368"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45674"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45675"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}