🚨 $SOL Climbs on US-Iran Deal Breakthrough!
Solana is riding the wave of easing geopolitical tensions. Trump confirmed free passage through the Strait of Hormuz and lifted the naval blockade. Iran’s Deputy FM confirmed a Memorandum of Understanding (MoU) finalized, with formal signing in Switzerland on June 19.
SOL Price Action:
Trading near $71 with strong gains today
Benefiting from broader risk-on sentiment as oil supply worries ease
Why #sol is Moving Higher
The Hormuz reopening reduces oil shock risks and potential inflation pressure — positive for high-beta assets like Solana. This geopolitical relief supports Kendrick’s thesis and could boost liquidity and DeFi activity on the network.
Key Note: This is an MoU, not the final deal. A 60-day window lies ahead for sanctions, nuclear issues, and assets. Caution remains after months of volatility.
Watch For:
June 19 signing
June 17 FOMC meeting
ETF flows and market momentum
Geopolitical de-risking + SOL strength = bullish momentum building. Stay tuned!#USIranDealConfirmed
