Ethereum

Solana

Arthur

BitMEX co-founder Arthur Hayes has set the crypto community abuzz with a cryptic post as the Solana price nears the $170 mark with a 3% increase. Notably, Hayes’s enigmatic message, shared alongside a Solana price chart, has ignited speculation across the market, especially in light of recent pro-crypto sentiments&nbsp;expressed by&nbsp;influential figures.&nbsp; 
Here&nbsp;we&nbsp;take a&nbsp;look at Hayes’s recent post and its implications amid the ongoing rally in SOL price. 
<h2 id="span-data-preserver-spaces-true-arthur-hayes-s-cryptic-post-and-market-speculation-span">Arthur Hayes’s Cryptic Post and Market Speculation</h2> 
Arthur Hayes, co-founder of BitMEX, recently stirred curiosity in the crypto sphere with a cryptic social media post that has left enthusiasts speculating about its underlying message. Sharing a price chart of <a href="https://coingape.com/markets/solana-price-prediction-can-sol-reach-250-in-the-next-bull-run/" target="_blank" rel="noopener">Solana (SOL)</a>, Hayes stated: 
<blockquote>
 SOL is in one of those moods. Are we back yet?
</blockquote> 
Notably, the ambiguity of Hayes’s statement has prompted speculation in the <a href="https://coingape.com/glossary/cryptocurrency/" target="_blank" rel="noopener">cryptocurrency</a> market, particularly given the timing of his post amid a notable surge in SOL’s price. Besides, the intrigue surrounding Hayes’s message deepened further with the emergence of a related post by U.S. Senator Cynthia Lummis on the X platform.&nbsp; 
For context, <a href="https://coingape.com/president-joe-biden-plans-to-criminalize-bitcoin-software-developers-says-senator-cynthia-lummis/" target="_blank" rel="noopener">Senator Lummis</a> shared a picture of herself sporting “laser eyes,” a symbolic gesture often associated with bullish sentiments towards Bitcoin. Accompanying the image was the caption “We are so ₿ack,” signaling a positive outlook on the future of cryptocurrencies following recent pro-crypto legislative developments in the Senate. 
Also Read: <a href="https://coingape.com/trending/heres-how-this-solana-trader-made-200k-with-1-5k-in-5-mins/" target="_blank" rel="noopener">Here’s How This Solana Trader Made $200K with $1.5K In 5 Mins</a> 
<h2 id="span-data-preserver-spaces-true-market-response-amid-previous-advocacy-for-solana-span">Market Response Amid Previous Advocacy For Solana</h2> 
Hayes’s enigmatic post has&nbsp;not only piqued the interest of market participants but has also&nbsp;coincided with a notable uptrend in the price of Solana (SOL).&nbsp;Investors are closely monitoring the developments, eager to&nbsp;decipher the implications of Hayes’s cryptic message on SOL’s future price trajectory.&nbsp; 
However, it’s worth noting that this is not the first time <a href="https://coingape.com/bitmex-arthur-hayes-buy-these-cryptos-may/" target="_blank" rel="noopener">Arthur Hayes</a> has expressed interest in Solana. In a blog post earlier this month, Hayes advocated for&nbsp;the accumulation of&nbsp;<a href="https://coingape.com/glossary/bitcoin/" target="_blank" rel="noopener">Bitcoin</a> and Ethereum as long-term reserve assets while&nbsp;also&nbsp;endorsing the inclusion of Solana (SOL).&nbsp; 
Simultaneously, he also suggested&nbsp;accumulating other <a href="https://coingape.com/meme-coin/" target="_blank" rel="noopener">meme coins</a> like&nbsp;dogwifhat (WIF) and Dogecoin, in his portfolio.&nbsp;Notably, Hayes’s previous endorsements, coupled with&nbsp;his recent cryptic message,&nbsp;add layers of intrigue to the ongoing speculation surrounding SOL and its potential for future growth. 
Meanwhile, amid the ongoing discussions, the <a href="https://coingape.com/price/solana/" target="_blank" rel="noopener">Solana price</a> soared 3.44% over the last 24 hours to hit $168.63. Notably, the SOL price has touched a high of $169.83 recently, signaling the growing confidence of the traders towards the crypto.&nbsp; 
Besides, the derivatives data by CoinGlass showed that the <a rel="nofollow" href="https://www.coinglass.com/currencies/SOL" target="_blank">Solana Open Interest</a> soared 5.01% to $2.22 billion from yesterday, reflecting the bullish momentum in the market. 
Also Read: <a href="https://coingape.com/new-turkey-crypto-bill-in-spotlight-is-fatf-grey-list-exit-possible/" target="_blank" rel="noopener">New Turkey Crypto Bill In Spotlight, Is FATF Grey List Exit Possible?</a> 
The post <a href="https://coingape.com/arthur-hayes-sparks-speculations-cryptic-post-sol-price-rallies/">Arthur Hayes Sparks Speculations With Cryptic Post As SOL Price Rallies</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Arthur Hayes Sparks Speculations With Cryptic Post As SOL Price Rallies

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