Despite macroeconomic tensions, Solana (SOL) shows strength, breaking past recent lows to set new support levels.
$SOL /$USDT : Price surges 6.57% to $152.52 on May 1, 2025, with a 35% spike in trading volume over 24 hours.
Key Highlights:
Heightened US-China trade tensions and new tariffs are increasing uncertainty across global markets, putting pressure on crypto assets.
Solana remains resilient, bouncing back from a 7.4% dip to hit a local high of $152.69—defying broader market volatility.
Technical indicators point to sustained bullish momentum, with higher lows forming. Analysts suggest SOL could test the psychological $155 resistance level in the near term.