{"id":54775,"date":"2025-06-24T06:56:33","date_gmt":"2025-06-24T06:56:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sol-price-jumps-8-as-btc-eth-rally-on-israel-iran-ceasefire\/"},"modified":"2025-06-24T06:56:33","modified_gmt":"2025-06-24T06:56:33","slug":"sol-price-jumps-8-as-btc-eth-rally-on-israel-iran-ceasefire","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sol-price-jumps-8-as-btc-eth-rally-on-israel-iran-ceasefire\/","title":{"rendered":"SOL price jumps 8% as BTC, ETH rally on Israel-Iran ceasefire"},"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=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/solana-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/solana-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/solana-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/solana-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Solana is among altcoins to rally after Donald Trump announces Israel-Iran ceasefire<\/li>\n<li>The SOL token surged to above $145, gaining 8%, while Bitcoin topped $106,000 and Ethereum broke above $2,400.<\/li>\n<li>SOL could target $175 and $200 in the short term.<\/li>\n<\/ul>\n<p>Solana (SOL) price spiked as global cryptocurrency markets experienced a sharp rebound following the announcement of a ceasefire between Israel and Iran.<\/p>\n<p>The cessation of hostilities, which ended a 12-day conflict that had heightened geopolitical tensions, alleviated concerns over potential disruptions to global markets, particularly in the energy sector.<\/p>\n<p>This development triggered a surge in major cryptocurrencies, with Solana (SOL) climbing 8% to $145, Bitcoin (BTC) breaking past $106,000, and Ethereum (ETH) reaching $2,400.<\/p>\n<h2>Trump announces Israel-Iran ceasefire<\/h2>\n<p>Bitcoin had indeed <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-bounces-after-dip-to-under-99k\/\">bounced<\/a> above $103k in the aftermath of news that Iran\u2019s missile attacks on US bases had no casualties and White House knew about it.<\/p>\n<p>The top crypto then <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-rallies-to-106k-on-mideast-ceasefire-news-circle-shares-continue-explosive-climb\/\" target=\"_blank\" rel=\"noopener\">surged to $106k<\/a> amid the market\u2019s positive response.<\/p>\n<p>This happened as, on June 23, 2025, US President Donald Trump announced via Truth Social that Israel and Iran had agreed to a \u201ccomplete and total\u201d ceasefire, effective just after midnight Eastern Time.<\/p>\n<p>According to <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/trump-announces-israel-iran-ceasefire-2025-06-23\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>, the announcement followed intense diplomatic efforts, including negotiations facilitated by Qatar\u2019s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, who secured Tehran\u2019s agreement after discussions with Iranian officials.<\/p>\n<p>Despite initial uncertainty, as Israel did not immediately confirm the ceasefire and Iran\u2019s Foreign Minister Abbas Araghchi noted no formal agreement existed, markets reacted swiftly to the prospect of peace.<\/p>\n<p>The ceasefire, described by Trump as ending the \u201c12 Day War,\u201d restored market confidence, with Solana\u2019s price movement reflecting its sensitivity to macroeconomic developments and investor optimism.<\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cOn the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, \u2018THE 12 DAY WAR\u2019,\u201d Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114734934153569653\" target=\"_blank\" rel=\"noopener\">said<\/a> via Truth Social.<\/span><\/p>\n<\/blockquote>\n<p>Solana saw its price surge by 8% to $145, driven by bullish sentiment across the broader market.<\/p>\n<p>This included an upswing for stocks as S&amp;P 500 futures rose 0.6% and oil prices dropped significantly.<\/p>\n<h2>SOL price prediction<\/h2>\n<p>Analysts are showing a bullish bias on Solana\u2019s price following the ceasefire-driven rally, with altcoins likely to rally hard if the truce holds.<\/p>\n<p>In this case, Solana could test $150 in the near term, with some traders eyeing $200 if the bullish momentum persists.<\/p>\n<figure id=\"attachment_317185\" aria-describedby=\"caption-attachment-317185\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-317185\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/SOLUSD_2025-06-24_09-29-43.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-317185\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/SOLUSD\/\" target=\"_blank\" rel=\"noopener\">SOL chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>However, uncertainties remain, particularly regarding the whereabouts of 400 kilograms of uranium in Iran, which could reintroduce geopolitical risks if not addressed.<\/p>\n<p>Conversely, any violation of the ceasefire or renewed tensions could trigger volatility.<\/p>\n<p>Technical indicators point to resistance at $175 and support at $125, with onchain activity suggesting robust demand.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\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><a href=\"https:\/\/coinjournal.net\/news\/solana-price-surges-8-as-bitcoin-and-ethereum-rally-on-israel-iran-ceasefire-hopes\/\">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 is among altcoins to rally after Donald Trump announces Israel-Iran ceasefire The SOL token surged to above $145, gaining 8%, while Bitcoin topped $106,000 and Ethereum broke above $2,400. SOL could target $175 and $200 in the short term. Solana [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54776,"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\/54775"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54775"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54776"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}