Why is Solana (SOL) price up today?

Solana price is up today, helped by Robinhood&#8

Why is Solana (SOL) price up today?

Solana price is up today, helped by Robinhood’s SOL staking service launch in Europe and signs of cooling inflation in the United States.

SOL/USD four-hour price chart. Source: TradingView
SOL/USD four-hour price chart. Source: TradingView
U.S. core inflation performance in recent months. Source: Bloomberg
Solana’s TVL performance in recent months. Source: Defi Llama
SOL/USD daily price chart. Source: TradingView Add reaction

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