According to Gate, with Israel and Iran announcing a ceasefire, the global Crypto Assets market has seen a significant Rebound, with the price of Solana (SOL) soaring nearly 7%. The 12-day conflict has heightened geopolitical tensions, while the cessation of hostilities has alleviated concerns about potential disruptions to the global market, particularly in the energy sector.
U.S. President Donald Trump announced through the Truth Social website that Israel and Iran have agreed to a "comprehensive" ceasefire, which will take effect after midnight Eastern Time.
According to a report by Reuters, the statement was issued following intense diplomatic efforts, including negotiations facilitated by Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, who obtained Tehran's agreement after discussions with Iranian officials.
Despite the initial uncertainty, as Israel did not immediately confirm a ceasefire, Iranian Foreign Minister Abbas Araqchi pointed out that there was no formal agreement, but the market quickly reacted to the prospects of peace.
Trump stated that the ceasefire has ended the "12-day war," restoring market confidence, and the price trend of Solana reflects its sensitivity to macroeconomic developments and investor optimism.
The US stock market rose, with S&P 500 futures up 0.6%, while oil prices fell sharply.
SOL Price Prediction
CoinJournal reported that after a rebound driven by the ceasefire, analysts show a bullish inclination towards the price of SOL, and if the ceasefire agreement can be maintained, the altcoin may rebound strongly.
In this case, SOL may test $150 in the short term, and if the bullish momentum continues, some traders might even aim for $200.
However, uncertainty still exists, especially regarding the whereabouts of Iran's 400 kilograms of uranium, which could once again trigger geopolitical risks if not addressed.
On the contrary, any violation of the ceasefire agreement or new tensions could trigger unrest.
Technical indicators show resistance at $175 and support at $125, while on-chain activities indicate strong demand.
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Solana (SOL) Price Prediction: If the ceasefire protocol is maintained, SOL will test $150 in the short term.
According to Gate, with Israel and Iran announcing a ceasefire, the global Crypto Assets market has seen a significant Rebound, with the price of Solana (SOL) soaring nearly 7%. The 12-day conflict has heightened geopolitical tensions, while the cessation of hostilities has alleviated concerns about potential disruptions to the global market, particularly in the energy sector.
U.S. President Donald Trump announced through the Truth Social website that Israel and Iran have agreed to a "comprehensive" ceasefire, which will take effect after midnight Eastern Time.
According to a report by Reuters, the statement was issued following intense diplomatic efforts, including negotiations facilitated by Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, who obtained Tehran's agreement after discussions with Iranian officials.
Despite the initial uncertainty, as Israel did not immediately confirm a ceasefire, Iranian Foreign Minister Abbas Araqchi pointed out that there was no formal agreement, but the market quickly reacted to the prospects of peace.
Trump stated that the ceasefire has ended the "12-day war," restoring market confidence, and the price trend of Solana reflects its sensitivity to macroeconomic developments and investor optimism.
The US stock market rose, with S&P 500 futures up 0.6%, while oil prices fell sharply.
SOL Price Prediction
CoinJournal reported that after a rebound driven by the ceasefire, analysts show a bullish inclination towards the price of SOL, and if the ceasefire agreement can be maintained, the altcoin may rebound strongly.
In this case, SOL may test $150 in the short term, and if the bullish momentum continues, some traders might even aim for $200.
However, uncertainty still exists, especially regarding the whereabouts of Iran's 400 kilograms of uranium, which could once again trigger geopolitical risks if not addressed.
On the contrary, any violation of the ceasefire agreement or new tensions could trigger unrest.
Technical indicators show resistance at $175 and support at $125, while on-chain activities indicate strong demand.
(Source: Trading View)