Solana Price Rebounds Above $100 as MOEX Announces Perpetual Futures

Solana's price has rebounded above $100 after a brief dip below $96 earlier this week, according to CoinGecko data.

The token has gained 3.5% over the past 24 hours and is up 31.6% over the past 30 days, with fresh demand coinciding with Moscow Exchange's plan to launch perpetual futures linked to its Solana index on September 22.

MOEX announced the product on September 16 alongside similar contracts tracking Bitcoin, Ether, XRP, and Tron, which will operate as one-day futures with automatic rollover and be available only to qualified investors.

The price of $SOL has been influenced by US monetary policy, with the Federal Reserve raising its benchmark interest rate by 25 basis points on September 16 to a range of 3.75% to 4%, its first increase in more than three years.