Bitcoin Rockets Past $100K as Solana Stumbles—Crypto’s Power Shift Accelerates

Bitcoin just punched through another all-time high, leaving Solana in the dust as traders pivot back to the OG crypto. Here’s why the market’s flipping—and who’s getting wrecked.

The BTC Bull Run Isn’t Slowing Down

Institutional inflows, ETF approvals, and that halving hype finally converged—BTC’s up 40% in Q2 while ’ETH killers’ bleed out. Even goldbugs are quietly swapping their ingots for satoshis.

Solana’s Network Woes Strike Again

Congestion? Check. Failed transactions? Double-check. SOL’s price dipped 12% this week as users rediscovered Ethereum’s dirty little secret: it actually works. (Take notes, VC-chain maximalists.)

The Real Winner? Crypto’s Brutal Darwinism.

While TradFi analysts still debate ’digital gold,’ the smart money’s already rotating—into DeFi blue chips, privacy coins, and anything that isn’t a meme coin backed by a pseudonymous X account. As always, the market cuts through the noise... and the weak hands.

$146 not meeting investor expectations, contrasted with rising interest in Bitcoin$96,555 and the burgeoning SUI. As the global crypto market trends upward, an unfortunate downturn has marked Solana’s performance.

ContentsSOL Coin PerformanceEric Trump’s Cautions

SOL Coin Performance

Bitcoin has shown a weekly increase of around 2%, while Solana has experienced a daily decline of 1.7% and a weekly drop of 1.9%. Currently trading at $147.98, technical analyses emphasize the necessity of maintaining the support region above $142. Bollinger Bands and Parabolic SAR indicators suggest that the consolidation phase might be merely a temporary pause.

The impact of institutional investors persists as interest in Bitcoin ETFs grows, marking a significant development. Additionally, the rise of certain altcoins, the filing of spot ETF applications, and regulatory measures are closely monitored by investors. These advancements are indicative of the sector’s regulatory and institutional dynamics, yet their effects will manifest in the medium to long term. For now, SOL Coin does not present an optimistic scenario.

Eric Trump’s Cautions

Amid ongoing discussions about Solana’s long-term outlook, Eric Trump has voiced warnings regarding traditional banks. Highlighting the inefficiencies and sluggishness of the current financial system, Trump emphasizes the benefits offered by blockchain-based solutions.

“SWIFT is a disaster. The traditional banking system is slow and inefficient.”

“Right now, transferring money from wallet to wallet via a crypto app incurs no bank fees.”

“If banks don’t realize that the future is here, they’ll disappear within a decade.” — Eric Trump

Since Solana is presently the largest US-based cryptocurrency, Eric Trump’s statements provide strong support for it.

Amidst market data and institutional actions, a balance is sought between long-term expectations in the crypto ecosystem and short-term fluctuations. Technical analysis and regulatory developments offer clues about future price movements.

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