U.S. President Donald Trump has decided to hold off on trade tariffs for Canada and Mexico. Consequently, this move caused Solana’s price to jump up to a peak of $218.01 earlier today. The cryptocurrency market has undergone an overall price correction this week following macro news events which have led to crypto sell-offs, marking this announcement as a breath of fresh air for beleaguered crypto analysts and holders.
Meanwhile, market newcomer, JetBolt (JBOLT), is once again taking the spotlight as it hits a new milestone with its ongoing presale. JetBolt has reported that more than 310 million of its tokens have been sold.
Will the positive effects of the trade tariff hold-offs remain as Solana bulls target $10k? And, will JetBolt stay in the spotlight during these uncertain times? Read on to find out.
Can Trump Help Solana Bulls Target SOL at $1k?
Solana’s price recently surged, reaching a daily peak of $218.01, following an announcement that trade tariffs against Canada and Mexico will be put on hold by President Trump. This positive development offered a welcome respite amidst a barrage of negative macroeconomic news impacting the crypto market. Now, the question on everyone’s mind is: can Solana bulls realistically target a $1,000 price point if bullish renewal makes its way back into the crypto charts?
Solana Price Chart for the last 24 hours (SOURCE: CoinMarketCap)
Undoubtedly, the recent SOL price jumps demonstrate Solana’s sensitivity to macroeconomic factors. And with President Trump’s pro-cryptocurrency stance fueling economic events in favor of crypto, Solana might theoretically be able to benefit greatly in a more pro-crypto environment.
Solana experienced earlier gains in January when President Trump launched his TRUMP meme coin. As the TRUMP coin launched on Solana’s network, analysts quickly credited this event as a catalyst skyrocketing SOL’s improved standing in the marketplace.
The current market landscape under President Trump presents both opportunities and challenges for Solana. The speculative nature of SOL based tokens like TRUMP can increase interest in Solana, but may also negatively impact Solana’s growth and hinder its upward momentum. While Solana may experience larger price increases during Trump’s term, a $1,000 target seems less feasible in the very short term.
JetBolt Grabs the Spotlight with its Zero-gas Technology
As Solana is influenced by macro-economic trends, JetBolt (JBOLT) proceeds to impress with its zero-gas tech on the Skale network, which eliminates gas fees completely. This game-changing innovation removes one of the most significant friction points in blockchain transactions. Consequently, this breakthrough has placed a spotlight on JetBolt among crypto enthusiasts and developers seeking efficient and next-gen solutions for crypto transactions.
Moreover, JetBolt ecosystem features a SocialFi staking model that blends traditional staking with active community engagement. In this model, holders who stake their JBOLT tokens can earn extra rewards for blending staking while interacting with others on the platform.
JetBolt integrates not one, but two cutting edge technologies in its ecosystem, with the second being AI. In addition, the JetBolt platform also integrates an AI-powered news aggregator that consolidates blockchain news articles from various third-party sources and organizes entries by market sentiment.
Throughout its ongoing presale, JetBolt offers unique perks including batch discounts and Alpha Boxes, which allow buyers to enjoy up to 25% extra tokens for batch purchasers. Altcoin seekers are rushing to JetBolt, eager to grasp their tokens before the next daily token price increase at presale.
As Solana prices sway in accordance with wider macro-economic shifts influenced by President Trump’s new tariff announcements, the young token JetBolt demonstrates remarkable strength during its presale phase. JetBolt’s innovation continues to capture substantial market interest, grabbing the spotlight as it emerges as one of the more exciting projects of 2025.
Conclusion: Solana Bulls Target $1k Under President Trump As JetBolt Takes Spotlight
President Trump’s decision to halt trade tariffs has ignited a bullish surge for Solana, pushing prices up a bit following its previous larger price dip, and inspiring in SOL’s most ambitious fans hopes for the coin to eventually push to $1k in the long term. Moreover, his pro-crypto stance, exemplified by the launch of the TRUMP meme coin on the SOL blockchain, continues to create a favorable environment for Solana, despite the prevailing market volatility.
Meanwhile, JetBolt impresses with its zero-gas technology and innovative features such as SocialFi staking and an AI-powered news aggregator. These attributes help bolster its ongoing presale, as holders buy more than 310 million JBOLT tokens.
Dive deeper into JetBolt’s features by visiting the links below:
JetBolt Website: https://jetbolt.io/
X/Twitter Page: https://x.com/jetboltofficial
Please bear in mind that this content does not constitute financial advice. Cryptocurrencies are highly volatile and subject to unpredictable market forces. Always conduct thorough research, stay informed, and understand the inherent risks before making any cryptocurrency decisions.
