- Andrew Kang, co-founder of Mechanism Capital, claimed that Solana will reach $500 this year.
- President-elect Trump announced a capital gains tax reduction policy along with the issuance of a meme coin based on Solana.
- It was reported that if the Solana spot ETF is approved, reaching $500 next month is possible.
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There is a claim that Solana (SOL) could reach $500.
On the 17th (local time), Andrew Kang, co-founder of Mechanism Capital, stated on X, "There is no stronger bullish signal than the U.S. (next) president launching a meme coin," and predicted, "Solana will reach $500 this year." Previously, President-elect Trump issued the official meme coin Official Trump (TRUMP) based on Solana.
He mentioned, "Trump is pursuing a capital gains tax reduction policy for U.S. virtual asset projects, including Solana," and added, "It is also possible that Solana could be included as a strategic reserve asset." Furthermore, he elaborated, "If the Solana spot ETF is approved next week, reaching $500 as early as next month is possible."
Meanwhile, President-elect Trump's inauguration is scheduled for the 20th (local time).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBitPiCK News
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