Solana News: SOL Price Eyes $160 as White House Tariff Decisions Influence Market

Solana Price Prediction: SOL Aims for $160 Mark

Solana (SOL) price extends gains by nearly 4% and trades above $138 on Monday. Reports suggest the White House is narrowing its approach to tariffs set for April 2, potentially omitting industry-specific tariffs, which is fueling a rise in risky assets like cryptocurrencies. The technical outlook suggests a rally toward $160 as SOL breaches a key resistance level.

Anatoly Yakovenko Dismisses Need for Solana Layer-2

Solana’s founder, Anatoly Yakovenko, has responded to claims by Ethereum builder rip.eth that Layer-2 (L2) networks are inherently faster, cheaper, and more secure than Layer-1 (L1) blockchains. Yakovenko argues that Solana’s L1 already provides sufficient scalability, dismissing the need for an L2. The discourse about L2 networks continues to gain traction in the industry, with key leaders taking notice. rip.eth had cited the example of Eclipse, an L2 based on Solana Virtual Machine (SVM) leveraging Ethereum for security, contending that L2s could deliver the best of both worlds: Solana’s speed combined with Ethereum’s decentralized security. However, Yakovenko countered this argument.

Crypto Veteran Recommends Time-Sensitive Altcoin Buy for 2025

A seasoned crypto veteran, who accurately predicted Solana’s (SOL) rise when it was priced at just $4.50, is now suggesting a time-sensitive altcoin buy for 2025. This altcoin, currently in its presale phase, has already raised over $16 million and combines artificial intelligence with blockchain technology. With a unique approach and strong community support, this altcoin presents an exciting opportunity for early investors. As the presale continues, the momentum behind this altcoin is growing, potentially making now the ideal time to secure a position before widespread adoption.

Solana Makes Waves in Crypto Market, $SOL Surges Significantly

Solana ($SOL) has gained significant attention due to its massive price rise. Over the past 24 hours, the price of $SOL has increased by a staggering 6.14%, demonstrating a continuous uptrend. Currently, Solana ($SOL) is trading at $138.72, up from $130.68 before this period. The latest price spike could lead to additional price increases. With a market capitalization of $70,833,099,197.18 and a 24-hour volume of $2,449,657,733.55, Solana’s circulating and total supply stand at 511,342,538.54 SOL.