The value of the new crypto asset $SOL has just fallen and touched a level below $100. Does this indicate that its momentum is over, or is it simply a test phase for the market?

A price correction of 5.33% has brought the value of $SOL to around $97.12. This decline is occurring amid growing public sentiment regarding the Fed’s next steps along with the presence of the CLARITY Act.

That said, let’s look at the bigger picture first. Over the past 30 days, $SOL’s performance still shows positive records, with a total increase of about 30.36%.