Solana (SOL) is currently hovering around the $200 mark as the U.S. Federal Reserve prepares to make one of its most significant decisions this year. The July PCE inflation report showed that prices continue to rise faster than the Fed’s target, but traders are betting heavily on a September rate cut. This mix of persistent inflation, labor market concerns, and optimistic market sentiment is creating volatility in the crypto market, with Solana’s price trajectory potentially being shaped by the Fed’s decision. Analysts believe that a rate cut could push SOL toward $240 or even higher, while others remain cautious about the impact on the cryptocurrency’s price movement. The article analyzes the potential effects of a Fed rate cut on Solana and how it might influence its price trajectory