The cryptocurrency Solana (SOL) has dropped below the crucial $200 mark as the overall crypto market experiences a decline. SOL is down over 4.2% in the last 24 hours, trading at around $191. This comes after a recent rebound that saw Solana surpass $200, but selling pressure and market losses have affected its gains. The drop in price is also influenced by a red-hot January CPI inflation report, which has led to increased selling on the markets. However, there is positive news for Solana as Franklin Templeton, a global investment firm, has expanded its tokenized money market fund to the Solana blockchain, providing institutional-grade exposure to the platform.



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