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Solana dips below $70 amid Fed caution, but institutional interest and tokenized asset growth remain strong.

Market News
19 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Solana (SOL) fell below $70 after reaching a recent high of $75.60, pressured by the Federal Reserve's decision to keep interest rates steady and signal possible future hikes. Despite the price drop, institutional demand remains strong with $7.11 million flowing into SOL ETFs in one week, and Morgan Stanley filing for a Solana ETF. Solana leads in tokenized Real-World Asset holders, surpassing 285,000, driven by significant events like the tokenized SpaceX IPO. Key support at $70 is critical; a break below could push prices toward June lows near $62, while a rebound above $74.80 could reignite bullish momentum.

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