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Former US President Donald Trump supports wife Melania's NFT launch on Solana

  • Former US President Donald Trump has expressed his appreciation for the launch of Melania Trump’s NFT platform on Solana. 
  • The Solana network has noted explosive growth in 2021 in the DeFi and NFT ecosystem. 
  • Analysts expect Solana price to make steady gains, predict a rally to new all-time high.
Former US President Donald Trump supports wife Melania's NFT launch on Solana
Ekta MouryaEkta MouryaFXStreet

Former US First Lady Melania Trump has announced the launch of her NFT platform on the Solana blockchain. The Solana ecosystem has witnessed massive growth over the past year, and analysts remain bullish on the altcoin’s price.

Solana prepares for a breakout, analysts expect SOL to hit new all-time high 

Melania’s entrance into the NFT space is more notable since her husband, the former president, is a critic of cryptocurrencies. Despite his outlook on crypto, Trump appreciated his wife’s NFT application in the Solana ecosystem. 

Melania Trump joins a long list of influencers and celebrities launching their NFT platforms or art in the Solana ecosystem. Michael Jordan, a former professional basketball player, recently launched his NFT app on Solana. The Solana network has witnessed a spike in popularity over the past few days, driving the altcoin’s price higher. 

Analysts have predicted that Solana is prepared to hit a new all-time high. @SmartContracter, a pseudonymous cryptocurrency analyst, has predicted a rally in Solana price. 

@Trader_XO has predicted that Solana price could rally if it flips resistance at $190 on the daily chart. 

FXStreet analysts are bullish on Solana price and predict a retest of $330. 

Author

Ekta Mourya

Ekta Mourya

FXStreet

Ekta Mourya has extensive experience in fundamental and on-chain analysis, particularly focused on impact of macroeconomics and central bank policies on cryptocurrencies.

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