SOLZ is trading at $8.78 in after-hours sessions, up 5.15% from its April 13 close, tracking a significant rally across the digital asset sector as investors seek inflation hedges.
- Bitcoin climbed to $73,155 (+5.77% 24h) and Ethereum rose to $2,251 (+7.74% 24h) as crude oil prices spiked to $148/barrel amid a U.S. naval blockade of the Strait of Hormuz.
- Market sentiment shifted toward risk-on following reports of a potential U.S.-Iran diplomatic breakthrough, easing immediate military fears while maintaining the elevated energy and inflation concerns that typically support crypto valuations.