#SolanaSurge Why is Solana(SoL )price up? #Solana price has surged by 40%over the last 10 days hitting $133 on April 17 from April 7 low of $95. showing a bullish trend ,here is Why ?
# Spot Solana ETF launch -
Canada's first Solana ETF launched on April 16, boosting demand &liquidity ,the ETFs give traditional investors exposure to Sol with staking options .
#International Adoptions- Real estates Fintech firm Jonover doubles it Solana holdings showing confidence in long term value ,other Institutional players are following suits .
#PowellRemarks Jerome Powell's speech at Economic club Chicago- Key Takeaways :
1-Tarriffs are fuelling more inflation than expected leading to higher prices & slow growth .
2- inflation has eased but progress towards the 2% target has stalled .
3-Labour market is strong but rising risk may force tough Fed decisions. US President is not happy with Powells work , Mr Trump has said,"Thr ECB is expected to cut the interest rate for the 7th time & 'yet too late ' Jerome Powell of Fed who is always "too late & wrong "yesterday issued a report which was another typical & completely mess .oil prices are down , groceries even eggs are down & the USA is getting rich on tariffs .too should have lowered the interest rate like the ECB ago ,but he should certainly lower them now , Powell's termination cannot come fast enough " perhaps ,if Powell doesn't cut rate by June he has gonna be fired !