Solana Surges Amid Crypto Market Volatility Ahead of Key Vote

The Solana (SOL) price surged by 3.72% to $103.41, according to data from Moomoo. This comes as Bitcoin (BTC) rose to $78,000 and Ethereum (ETH) hit $2,500. Crypto-related stocks also jumped ahead of a key vote on the CLARITY Act.

The Senate is expected to hold a procedural vote on the CLARITY Act on September 15, which requires 60 votes to advance. President Trump has made concessions, accepting stricter crypto-related ethics rules in an effort to secure additional Senate support.

Passage of the bill remains uncertain. Meanwhile, Treasury yields and macro expectations are also affecting markets. A hawkish dot plot could weigh on growth stocks and long bonds.