Bitcoin under 100,000 euros – Solana on record: Profits possible!

Bitcoin under 100,000 euros – Solana on record: Profits possible!

On May 29, 2025, the Bitcoin price in euros is below 100,000 euros, which is due to the weakness of the dollar. The current market situation shows that Bitcoin remains the dominant cryptocurrency, with around 90 percent of crypto ETF investments flowing into Bitcoin. Over $900 million was invested in Bitcoin ETFs yesterday alone, highlighting Bitcoin's continued market leadership. This reports Wall Street Online.

In the midst of these developments, Smartbroker is running a competition in which an entire Bitcoin is being raffled off. To participate in the competition, users must activate their crypto wallet and either buy or sell cryptocurrencies; every trade counts as a ticket. The competition ends on May 30, 2025 at 11:59 p.m.

Developments at Solana

Solana is highlighted as a promising cryptocurrency that can process tens of thousands of transactions per second while being cost-effective and environmentally friendly. What is particularly noteworthy is the integration of PayPal's stablecoin into the Solana network. Solana's price has increased by approximately 1,000 percent since the summer of 2023 and is currently in a consolidation phase. A price area around $180 is seen as a reversal zone, supported by the 200-day line, with a potential for a rise to around $250, up 40 percent. However, there is also a negative scenario in which the price could fall back to $145 or $125.

Additionally, there is speculation about a potential ETF for Solana as fund provider VanEck has submitted applications. An ETF could provide fresh capital and institutional access for Solana, leading to further stability and growth.

Crypto ETFs and future developments

On the regulatory side, new SEC chief Paul Atkins, sworn in on April 21, 2025, has a clear mandate to overhaul the strict rules of his predecessor, Gary Gensler. Under Gensler, over 100 lawsuits have been filed against crypto companies. Atkins is pursuing a strategy of transparency and proportionate regulation for digital assets, which could stimulate the market. There are currently 72 crypto ETF applications awaiting approval from the SEC, which could provide a potential source of liquidity for the market.

In addition to Solana, potential candidates for ETF approvals also include Ripple (XRP), Avalanche (AVAX) and Tron (TRX). For example, an bitcoin-2go is reported.