Volatility is once again on the rise in the cryptocurrency market. Bitcoin stands out with its $110,000 prediction made by BitMEX founder Arthur Hayes, while Ethereum attracts investor interest with decreasing supply on exchanges and increased leverage usage. The movements in Bitcoin prices grab the attention of investors, and Arthur Hayes, co-founder of BitMEX, made a bold prediction that the leading cryptocurrency will reach $110,000. Hayes stated in his share on platform X that Bitcoin would first rise to $110,000, but after surpassing $87,000, it will retest $76,500. Referring to changes in the Federal Reserve’s (Fed) monetary policies, Hayes noted that the transition from quantitative tightening (QT) to quantitative easing (QE) could trigger a strong rally in the crypto market. However, he avoided giving a specific timeframe for his predictions. Following these statements, Bitcoin experienced a strong surge, reaching $87,480 with a 3.71% increase, while Ethereum also showed a similar momentum, rising to $2,093 with a 4.05% increase. The total value of the crypto market also increased by 2.94% in the past 24 hours, reaching $2.84 trillion. During this period, Bitcoin’s market value increased to $1.727 trillion, with trading volume rising by 93% to reach $18.2 billion. Stablecoin transfers, representing 94.74% of crypto trading, reached $57.58 billion. Investors focused on central bank policies and market momentum, disregarding the impact of U.S. President Donald Trump’s planned tariff announcements on the markets. Solana Gains Investor Interest: Weekly Active User Count Reaches 17 Million Solana (SOL) continues to attract intense interest from traders and institutions alongside Bitcoin. Solana’s price increased by over 7% in the last 24 hours, surpassing $139. The movement of $72 million worth of assets from Ethereum to the Solana network was effective in this surge. According to DeFiLlama data, Solana’s total value locked (TVL) reached 54.87 million SOL, the highest level since June 2022. On-chain analytics show that 11.09 million wallets now hold SOL, indicating a new peak. Solana’s weekly active address count reached 17 million, exceeding Ethereum’s 1.8 million user count. According to Binance data, SOL wallet balances on the exchange showed a sharp increase last week. Traders began strengthening their Solana positions ahead of upcoming regulatory news and ETF applications. Volatility Shares based in the U.S. launched two Solana futures ETFs (SOLZ and SOLT) on Nasdaq on March 21. Moreover, major financial institutions like Franklin Templeton and VanEck applied for spot Solana ETFs, indicating an increase in institutional interest. Trump’s Tariff Statements Increase Risk Appetite in the Crypto Market U.S. President Donald Trump stated in the Oval Office that he could introduce flexibility to the planned tariff measures. Trump’s remarks, “People ask me about tariff waivers and some wonder if there are any exceptions. When you make it for one person, you should make it for everyone,” and “I’m not changing. But the word flexibility is an important word…sometimes you need flexibility,” increased uncertainties about U.S. global trade policies and impacted the market’s risk sentiment. As a result, U.S. Treasury bond yields rose, with the 10-year yield increasing by three basis points to 4.282% and the 2-year yield rising to 3.979%. The rise in yields indicates a decrease in concerns about a full-fledged trade war in the market.