Solana (SOL) fell to $64.56 on June 25 before climbing back toward $66.56 as Bitcoin slipped to $58,189, marking a sharp intraday swing for the coin.
Price Movement and Market Context
The decline occurred while the Federal Reserve’s September rate‑hike odds stayed above 60 % following the latest PCE data release. Tight liquidity conditions prevented many investors from shifting into high‑beta crypto assets, keeping the broader market on the sidelines. Bitcoin’s price range between $58,189 and $61,844 reinforced the cautious sentiment across the crypto market.
Network Activity and Token Gains
Solana maintained its position as the third‑largest blockchain by 30‑day net bridge inflows, attracting roughly $137 million in cross‑chain capital. Daily transaction volume on the SOL network stayed above $4 billion, while monthly chain inflows approached $140 million, indicating sustained investor interest.
During the same period, smaller tokens built on Solana’s blockchain recorded impressive gains: Backpack surged 356 %, Solstice’s $