based on materials from the website - By BH NEWS


The approval of the Solana ETF marks an important moment for the cryptocurrency world as it happens at a time when the Trump administration is developing new tariff agreements. The need to resolve the prevailing uncertainty in the cryptocurrency market remains a priority.
What progress has been made in tariff negotiations?
Recent events have revealed notable successes in tariff negotiations between Canada and the USA. At the same time, Donald Trump drew attention to Japan with a recent statement on his Truth Social account. His approach likely reflects the method applied to the European Union. The latest news report from the EU confirmed the acceptance of Trump's proposal, accompanied by ongoing discussions of potential exceptions.

"I am trying to show people how spoiled countries have become towards the United States. I have great respect for Japan, but they are not buying our rice, even though they are facing a significant shortage. We will just send them a letter and be happy to see them as our trading partners for many years to come."

The EU and Canada have now joined these tariff agreements. A deal has also been reached with China, and simplifications with Japan are expected. The continuation of these positive negotiations is likely to have a favorable impact on risk markets as uncertainty begins to give way to optimism.

Could Solana's prospects be brighter?
Currently, the SOL coin has not yet fully benefited from the news of the ETF approval. If there is an official announcement regarding the listing of the ETF on the US exchange, an upward trajectory may begin shortly thereafter. Given the current climate of tariff discussions, the price of SOL remains stable at this time.
The movement of the SOL coin is aimed at the $168 mark, and significant price movement is expected beyond this level. Any increase in volume caused by the ETF could push the price beyond the $182-188 range, potentially challenging resistance at $203. In the long term, with positive demand for the ETF from hedge funds, SOL Coin could surpass its historical high of $297 and ultimately reach a four-digit valuation. In the short term, the type and volume of tariff agreements will play a crucial role in determining Solana's behavior in the market.

The approval of the Solana ETF coincides with current tariff discussions.
Tariff agreements have been reached with the EU, Canada, and China.
Japan may reach an agreement on similar terms with the EU.
Immediate movement of the SOL price depends on the confirmation of the US ETF listing.
The interest of hedge funds in the ETF is crucial for the long-term growth of the Solana price.
While the current economic negotiations present both challenges and opportunities, Solana's potential still largely depends on the broader market dynamics and strategic currency movements on the geopolitical stage. Stakeholders monitoring these events are inclined to navigate the changing landscape with cautious optimism.


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