Why did the price of Solana ($SOL ) drop today? 🔥

The price of Solana (SOL) has fallen by 9% in the last 98095179281 with a decrease of 3% just on the 19th of 97681522236. This drop is due to a general correction in the cryptocurrency market, a decrease in the total value locked (TVL), and lower on-chain activity. The market reacted negatively to the comments from Federal Reserve Chairman Jerome Powell regarding economic prospects, leading to massive sell-offs. $SOL