Solana (SOL), known for its high-speed blockchain operations, has experienced a rollercoaster of price movements, culminating in a notable drop from its all-time high (ATH) shortly after Donald Trump’s inauguration.
Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.S. president backed a new Solana-based TRUMP token, calling it his “official” memecoin.
Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.
Solana’s recent surge was mainly driven by Trump and his wife, Melania, launching two memecoins on the blockchain in the lead-up to his inauguration. Trump’s coin saw frenzied trading, reaching a market cap of $15 billion before a sharp decline.
Donald Trump is promoting a Solana meme coin from his social media accounts. Elaborate hack or a truly wild new era for crypto?
Ethereum’s cryptocurrency keeps losing ground to rival tokens as it struggles to harness tailwinds created by President Donald Trump’s foray into a highly speculative corner of the digital-assets market.
I believe the launch of TRUMP and MELANIA meme coins isn't an indictment of the crypto space but a fun way to show political support. Read my analysis.
Donald Trump's TRUMP token is down Thursday as daughter Ivanka takes aim at an unofficial Solana meme coin named after her.
XRP's recent rally was kicked off by Donald Trump's victory last November. It stems partly from expectations that the new president will help reduce regulations and promote growth for the crypto space.
Inauguration ceremony for the newly elected president Donald Trump, who recently displayed his open-mindedness on the crypto market.
Following a quick pump in early November 2024, RAY began trading between $4 and $6.50 in a consistent sideways range. Even during last December’s market slump, when many altcoins lost a significant portion of their value, RAY managed to maintain its support at the $4 mark.