Solana Price Drops Amid Macro Pressure and Interest Rate Uncertainty
Solana's price dropped by 1.04% on September 16 to $95.45, marking a 6.03% decline over the past seven days.
The downward trend is attributed to macroeconomic liquidity pressures and heightened interest rate uncertainty ahead of the Federal Reserve policy decision.
High-beta digital assets like Solana are sensitive to shifts in monetary policy expectations, leading institutional investors to temporarily reduce risk exposure and portfolio leverage.
Institutional demand for Solana slowed sharply compared to earlier peak periods, removing a vital passive buying mechanism that had sustained upward price momentum.