Solana’s value has seen a significant uptick of 9% today, now priced at $151.89, amid a broader 4% gain in the cryptocurrency market over the last 24 hours. This surge is closely linked to comments made by US President Donald Trump, indicating a readiness to finalize a trade agreement with China. Trump’s remarks have sparked optimism for an end to the ongoing trade tensions between the US and China, potentially catalyzing a bullish market similar to the post-election period.

Solana stands out as a prime beneficiary of this renewed market optimism. Its strong fundamentals suggest a promising long-term trajectory for the token.

### Trump’s Trade Deal Talks Ignite Solana’s Rally

During a press conference at the White House, Trump hinted at significant reductions in US tariffs on Chinese goods, raising prospects for an impending trade deal. This development has buoyed the market, reflecting positively on Solana, which has climbed by 22% over the past week and an impressive 42% in the last two weeks. Current trends suggest there’s room for further growth before the token becomes overbought.

Analysts note that Solana’s 30-day average has yet to surpass its 200-day mark, indicating the token is not overheated. Additionally, its Relative Strength Index (RSI) is on an upward trajectory towards 70, after lingering below 50 for several months. This movement indicates potential for substantial growth in the near term, especially if the US and China reach a trade agreement.

Solana’s position as the second-largest layer-one network in terms of Total Value Locked (TVL) and its roadmap of significant upgrades, including the introduction of the Firedancer validator client, further bolster its growth prospects.

BREAKING: SOLANA RECLAIMS $150!!! 🚨🚨
– Mute all bears
– ETF guaranteed
– Flipping ETH 2025
– Firedancer upgrade not yet priced in

#Solana #CryptoNews #BullRun2025

Solaxy, a new Solana-based layer-two network, is also making waves for its promise to deliver faster transaction verification times, reduced fees, and seamless bridging between networks. This development positions it as a crucial platform for meme coins and future chain compatibility. With $31.2 million already raised, Solaxy’s ongoing sale presents an exciting opportunity for investors.