President Donald Trump's surprise announcement that SOL would be included in the US crypto strategic reserve has caused the price of SOL to surge and then retrace. Despite the uncertainty surrounding the implementation timeline, SOL has gained 10% since the announcement. The broader market turbulence, including the US trade war and macro conditions, has also influenced the price movements of SOL and other cryptocurrencies. Solana-specific factors, such as decreased onchain activity and reduced memecoin hype, have contributed to the recent pullback in SOL. However, institutional interest in SOL remains strong, with the CME announcing plans to launch Solana futures. The author predicts that SOL may stabilize before another push to $160-$180, but there may be further volatility in the future.



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