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Solana price drops as U.S. inflation surprises higher, weakening network activity signals caution.

Market News
15 Oct 2026
AMBCrypto
View Source
Bearish
Solana price drops as U.S. inflation surprises higher, weakening network activity signals caution.

Solana (SOL) continues its downward trend following a broader crypto sell-off triggered by U.S. inflation data exceeding expectations at 3.7% YoY. This higher inflation raised concerns about sustained high interest rates, strengthening the U.S. dollar and pressuring risk assets like Solana. Network activity is also declining, with transaction volume and daily active addresses hitting weekly lows, indicating reduced investor participation. SOL's price recently broke key support levels, and further declines could deepen the bearish trend unless market sentiment and network activity improve.

Despite the recent downward pressure on Solana mentioned in the article, on Pluang SOL trades at Rp1.887.004 as of Oct 16, 2026 09:21 WIB, showing a 1.61% gain in the last day. The platform records a market cap of Rp1.116,5 trillion and a 24-hour trading volume of Rp71,07 trillion, indicating sustained investor interest. Buy orders dominate at 63% on Pluang, with typical hold times around 71 days, suggesting some confidence among users despite network activity concerns.

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