Solana Rallies 15% After Prediction Market Launch

Solana (SOL) is displaying quite a recovery today. The seventh-largest cryptocurrency by market cap has rallied by nearly 5% in the last 24 hours, 15.8% in the weekly charts, and more than 8% in the 14-day charts CoinGecko’s SOL data shows.

The latest rebound comes after the launch of a Solana-based prediction market called World. The platform made its debut inside the Phantom wallet and uses Chainlink as its primary oracle infrastructure. Source: CoinGecko Can The New Prediction Market Sustain Solana’s Rally?

Source: Journal du Coin Solana’s price rally is not an isolated event. Most other cryptocurrencies have seen some relief in the last 24 hours. BTC has reclaimed the $60,000 price level and is inching closer to the $61,000 mark.

Other major cryptocurrency assets are also following Bitcoin’s trajectory. While, Solana’s (SOL) latest rebound could be due to the launch of the World prediction market, there are other factors that may have helped. Money supply in the US is growing at the fastest pace in five years.

This means that liquidity is re-entering the system. Low liquidity was also a factor behind the 2026 crypto bear market. More liquidity is usually good news for high-risk assets, such as Solana (SOL) and other cryptocurrencies.

High liquidity could trigger a bullish phase if inflation remains under control. This is where the problem emerges. Inflation in the US climbed to 4.

2% in May 2026. The Federal Reserve as a consequence announced that it would keep interest rates unchanged. Many predict the Federal Reserve to raise rates twice later this year.

Higher rates could counter high liquidity and we could see a prolonged bearish market environment. Solana (SOL) could face a correction under such circumstances. Also Read: Federal Reserve Projected to Raise Interest Rates This Year: Market Odds Additionally, there is a lot of doubt regarding a peace deal between the US and Iran.

If the war in the Middle East re-escalates, oil prices could surge again and infla