Solana Price Shows Signs Of A Breakout After CPI Data Release

The Solana price is up by 6% over the last 24 hours. As the broader market secures upward price movement, most altcoins have followed suit.
The release of the Consumer Price Index (CPI), which is an important measure of inflation, showed that U.S. inflation had slowed to 7.1%, down from 7.7% in the past month, as depicted by the numbers released by the U.S. Bureau of Labor Statistics.
The data has revealed that consumer inflation has fallen, pushing stock futures to rise. Owing to this report, t