$SOL 12:40 PM - April 30

In the first quarter of 2025, Solana ($SOL) successfully navigated a volatile market under #AirdropStepByStep, #TrumpTaxCuts, #XRPETFs, and #MarketRebound. After a decline of 60% from $295 to $111.20 due to the unlocking of a $200 million token and Trump’s 145% tariff on China, it rebounded to $135, a 36% increase, driven by memecoin surges (Popcat, Bonk) and Ethereum inflows of $120 million. Canadian spot Solana ETFs and Grayscale's ETF fund deposit fueled institutional interest, with $7.08 billion in TVL.

The #AirdropStepByStep trend boosted airdrops for $SOL on platforms like Pump.fun. Maintaining support at $0.130 is crucial for $SOL to reach $200 in the second quarter.

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