Solana Plunges Below $120 After Trump’s Tariff Speech

Solana experienced a notable decline following Donald Trump’s tariff announcement. The cryptocurrency dropped below the $120 mark, initially surging to around $136 before retreating as Trump’s speech failed to address cryptocurrencies directly. The coin saw a near 15% plunge and is currently struggling to regain $120. 105% increase in trading volume suggests high trader activity despite this dip. The broader cryptocurrency market suffered too, with the total market cap falling by 1.16% in just one day. ]