🟣 Solana remains near $154 after losing support due to tariff fears shaking the markets.
Solana (SOL) recorded an 11.7% weekly decline and is now trading near $154.50 following a court ruling that revived Trump-era tariffs, putting pressure on global markets.
Circle minted $250 million in USDC on Solana, underscoring its dominance in the stablecoin ecosystem, which now represents 34% of the total stablecoin volume.
Solana (SOL) continues to be under pressure due to adverse macroeconomic winds, particularly renewed concerns over tariffs, which affect investor confidence.
The token is now holding around $154.50 after establishing a tight trading range between $152.33 and $158.06, reflecting a 3.76% swing in the last 24 hours. Short-term momentum turned bearish as lower highs and weaker volume defined the final trading stretch.
As of writing, SOL is consolidating near $151, suggesting price stability but with downside risk if volume does not improve.
