SOL holds after drop

On June 25, SOL touched an intraday low of $64.56 before recovering to $66.56. This occurred as Bitcoin fell to $58,189 and the probability of a Fed rate hike in September remained above 60% after the PCE print.

Tight liquidity blocks rotation into altcoins

The current macroeconomic environment with high borrowing costs limits capital inflow into high-risk assets, including altcoins. For a full-fledged 'Solana Summer', Solana and other altcoins need Bitcoin to hold key support levels.

Practical takeaway for USDT users

In uncertain times, stablecoin users often choose networks with low fees. For USDT transfers in such situations, the TRC-20 network (fee ~$0.5–1) is preferable over ERC-20 (fee can exceed $5). This helps preserve funds during high market volatility.

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Sources

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