#TariffsPause Trump Tariffs Rattle Solana Price: SOL Down By 6%
Following US President Donald Trump's "Liberation Day" tariffs on April 2, Solana's price dropped significantly. Solana's price trajectory has made it a risky investment. Investors are shifting their focus from riskier assets, like SOL, to safer investments as a result of the rise of trade tensions.
A steep reduction in the annualized rolling basis on three-month contracts indicates that the recent Solana price decline is strongly related to diminishing demand in the futures market. As an annual percentage, the annualized rolling basis indicates how much more (or less) futures contracts are trading with the current spot price.$BTC
