Solana (SOL) saw a sharp pullback after reaching $75.60 on June 15, dropping to $70.70 in intraday trading on June 18 before finding temporary support near $71. This decline follows a more than 20% rebound from the early June low of $62 and comes amid shifting market sentiment. The selling pressure intensified after the US Federal Reserve kept interest rates unchanged in the 3.50% to 3.75% range. The Fed delivered cautious signals, emphasizing continued inflation risks and leaving the door open for further tightening through 2026. This stance led investors to shy away from volatile assets like cryptocurrencies.