Trump Doubles Down on China—Here’s Why Traders See a $10T Economic Opportunity
Geopolitical tensions flare as Trump reignites US-China trade war rhetoric—but markets aren’t panicking. They’re pricing in volatility arbitrage.
Bulls eye supply chain crypto plays
From Bitcoin miners migrating to Sichuan to VeChain’s logistics trackers mooning 300%, digital assets are eating trade finance. Even goldbugs are rotating into Tether.
The cynical take? Wall Street’s already long plasma-cutters and short soybeans. Mainstreet gets the tariffs; hedge funds get the asymmetric upside. Classic.
Solana (SOL) ETF Update
Today, the U.S. markets operated for a half-day, and the Solana
$152 ETF, having completed its second trading day, has sparked anticipated discussions. Despite a delayed listing of cryptocurrency ETFs often igniting market enthusiasm, investors remain optimistic about SOL Coin’s future prospects.
Eric Balchunas, a prominent name during the Bitcoin
$109,673 and Ethereum
$2,580 ETF launches, shared insights on the SOL Coin ETF’s performance on its second trading day.
According to information provided to Decrypt by Osprey, the solana ETF $SSK amassed $12 million on its first day, a figure yet to be reflected in official records as of tonight. This is notably impressive, considering it took $SOLZ three months to reach the $12 million mark. Additionally, pre-market volume reached $3 million, significantly higher than SOLZ’s $260,000, signaling a healthy trading day.
The article mentions an intriguing interview with Bitwise to gain an objective perspective on the launch. While Bitwise is an excellent company, the 33 Act Solana ETFs are queued, with SSK taking an advantageous lead. Entering the market with a $33 million volume on the first day seems astounding and could potentially place it among the top 10 out of this year’s 900 launches.
Though SOL ETF may appear to have had a weak start compared to Bitcoin and ethereum ETFs, the figures are impressive relative to traditional markets, promising a positive outlook for SOL Coin in the medium to long term.
SOL Coin Price Forecast
Bitcoin is currently hovering at $109,550 while U.S. employment data presents slight setbacks. The dip is short-lived, with no continued downward trend. Currently, the primary issue is the market losing its upward momentum. While $158 hasn’t been consistently surpassed and volume weakness is a significant factor, should SOL Coin succeed, a return to the $165-173 range is anticipated. The main breakout target of $188 lies ahead, followed by possible moves to $203 and $225.
Since April, SOL has tested the 0.0012788BTC region three times and is transforming 0.001364 into support once more. The resistance lies at 0.001483, with a subsequent potential test of 0.001687. SOL’s recovery efforts against Bitcoin are crucial, but further support from ETF news is needed.
