Donald Trump and the Strategic Cryptocurrency Reserve
President Donald Trump announced today the creation of a Strategic Cryptocurrency Reserve in the United States, which will include digital assets such as Bitcoin, Ethereum, XRP, Solana, and Cardano.
This announcement caused a significant increase in the prices of these cryptocurrencies: Bitcoin rose by 10% to nearly $94,182, Ethereum increased by 12%, XRP surged by 30%, Solana by 20%, and Cardano by more than 50%.
Trump expressed his intention to position the United States as the "World Capital of Cryptocurrencies" and plans to issue an executive order to establish this reserve. Additionally, a cryptocurrency summit will be held at the White House this month, featuring prominent industry figures.
Possible Scenarios for Solana (SOL)
Short Term (Next Few Days or Weeks)
If the market continues to react positively, Solana could reach levels around $180 - $200, especially if other cryptocurrencies also rise with the announcement.
Medium Term (Next Few Months)
If the Trump administration advances with favorable regulations and the crypto market continues in an upward trend, Solana could reach the range of $250 - $300.
Long Term (2025 and Beyond)
If this government support drives massive adoption, Solana could reach its historical highs of $260 - $300 and even surpass $400 in a strong bullish cycle.
Key Factors to Monitor
- Implementation of the Strategic Reserve: If the government actually starts buying and storing Solana, it could generate more demand and upward pressure.
- General Crypto Market Sentiment: Bitcoin and Ethereum will also influence Solana's price.
- Regulation in the U.S.: If this announcement translates into pro-crypto policies, investor confidence will increase.