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BTC Reaches New All-Time High Amid Trade Deal Developments
Bitcoin (BTC) surged to a record high of $109,400, driven by a notable macroeconomic signal following the nine-day US-China trade truce. The deal has cooled global jitters and contributed to market stabilization, with capital flowing back into riskier assets.
The momentum towards BTC preceded its breakout, which has surpassed the December 2024 high, signaling further strength as the asset class recovers from recent US tariff threats.
Solana’s Quiet Fortification: Metrics and Network Resilience
While Bitcoin surged approximately 6% over the past six weeks amidst the trade deal progress, Solana (SOL) has maintained a stable trading range for its weekly chart. Despite this, the network shows robust signs of ecosystem development, distinct from BTC’s current breakout.
Solana’s volume remains concentrated, primarily involving the SOL-USDC trading pair with DEX platforms Raydium and Jupiter providing significant liquidity. Metrics point towards a consolidating network aiming for sustainable long-term growth. Solana’s infrastructure continues maturing, operational metrics strengthening, and institutional trust indicators improving, setting the stage for potential future developments.
Although SOL’s price has only faded slightly recently, the network remains active and staking attractive for supply holders, laying a foundation for the potential growth phase ahead. The primary focus for SOL watchers remains observing BTC’s trajectory towards the $120,000 mark.
