Market dynamics on July 22: The sharp rise of SOL public chain drives the MEME token to follow suit, Trump's inauguration may facilitate the approval of SOL ETF
I. Market Dynamics
1. The market is rising, with widespread increases in altcoins.
2. U.S stocks are falling, with leading tech stocks declining.
II. Market Focus
1. BTC is surging strongly. Biden's withdrawal greatly increases Trump's chances of winning, who is pro-crypto; the anti-crypto SEC chairman may step down. Musk changed his profile picture to laser eyes and might attend the BTC conference on July 27th.
2. Public chain SOL surged, followed by RAY, WIF, BONK, BILLY etc in its ecosystem also increasing significantly . If Trump takes office again , the probability of SOL ETF approval will increase substantially .
3.The blockchain abstraction ZRO has surged dramatically . GSR is making a market , and fundamentals have dropped 90% since the airdrop .
4.New coins TIA and SEI rebounded , with major unlocking next month .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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