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BREAKING: SOL Price Jumps 1000% Overnight, Still Has No Idea What It’s Doing

A stylized illustration featuring Solana (SOL) as a surfer riding an upward wave on a calm sea. The sun shines brightly in the background with rays extending towards SOL's rising price chart forming above it. A symmetrical triangle pattern is depicted below the surface, symbolizing market consolidation and anticipation of interest rate cuts.

The Solana Saga: A Wild Ride to Nowhere (Again).

Source: cointelegraph

Solana (SOL) price has rallied sharply today, mirroring similar upside moves elsewhere in the crypto market as traders focus on the likelihood of interest rate cuts in the coming months. SOL's price has risen by around 10% in the past 24 hours to reach $158.85 on Aug. 24.  The gains follow Federal Reserve Chair Jerome Powell’s strongest indication in years that his efforts to combat inflation have largely been successful. […]

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