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news-imageJanuary 20, 2025

Solana (SOL) price prediction amid TRUMP and MELANIA meme coin momentum

Solana (SOL) continues its impressive rally, trading around $253.94 at press time, after hitting a record high of $294.33 on January 19.
Publisher: Finbold
Sentiment: Positive
SOL

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Negative
cover-imageCoinPedia
January 20, 2025

Why Solana (SOL) Price Is Down Today?

The Solana price has experienced a strong bearish reversal after achieving a new ATH of $294.33 yesterday. Reportedly, the price experienced a pullback after encountering a network congestion-like situation.

Positive
cover-imageNewsBTC
January 20, 2025

Solana Bulls Counter Bearish Pressure To Keep Price Above $240

Solana price action is heating up as bulls show efforts to fend off bearish pressure and maintain the cryptocurrency above the vital $240 support level. This threshold has emerged as a key marker of market sentiment, serving as a critical point of defense for buyers aiming to keep the uptrend intact.

Neutral
cover-imageCoinPedia
January 20, 2025

Solana Price Prediction As Donald Trump's Inauguration Nears

Recently, Solana's price surged, reaching a key target zone and hit new ATHs. However, following this rally, it has experienced a pullback, hinting at a correction. After breaking below a trendline, the pullback became more evident, indicating that Solana might be in the midst of a corrective phase.

Negative
cover-imageBenzinga
January 20, 2025

Solana Blockchain Faces Network Congestion As Trump And Melania Meme Tokens Surge: What You Need To Know

The Solana (CRYPTO: SOL) blockchain experienced significant network congestion on Monday as enthusiasm around President-elect Donald Trump-themed meme tokens triggered unprecedented transaction volumes, leading to technical difficulties for key infrastructure provider Jito Labs. What Happened: Jito Labs reported “severe degradation” of its Block Engine API due to “unprecedented load levels,” though the company later confirmed service stability had improved following emergency mitigation efforts.

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