CandleFocus Solana’s price rises 15% on reports, it could be included in a US “America First” strategic digital reserve
2025-01-16
Author: Content Editor
The crypto market is anticipating the inauguration of Donald Trump as the 47th President of the United States. Trump had promised to create a Bitcoin-focused strategic reserve during his campaign, which has sparked optimism among industry leaders. The idea of an America-first strategic crypto reserve has been proposed, including cryptocurrencies like Solana and XRP. As a result, the price of Solana has spiked, nearing its all-time high. However, AI-focused tokens have suffered market declines following Biden's executive order on AI chip exports. Technical indicators suggest a relatively balanced market sentiment and potential upward momentum for Solana. The crypto industry also hopes for an end to debanking practices and regulatory harassment that hindered its growth during the previous administration.
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