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According to Jinse Finance, market data shows that SOL has surpassed $200 and is now trading at $200.08, with a 24-hour increase of 10.58%. The market is experiencing significant volatility, so please manage your risks accordingly.

According to Jinse Finance, Federal Reserve Chairman Jerome Powell stated at the Jackson Hole annual meeting that although inflation remains a concern, rising risks in the labor market may prompt the Fed to cut interest rates in September. All three major U.S. stock indexes closed higher: the Dow Jones rose 1.89% and gained 1.53% for the week; the Nasdaq rose 1.88% but fell 0.58% for the week; the S&P 500 rose 1.52% and was up 0.27% for the week. Notably, the Dow Jones hit a new record high, and both the Dow and S&P 500 have risen for three consecutive weeks. The KBW Bank Index climbed 3.2%, reaching its highest level since 2022. Major tech stocks saw broad gains: Tesla surged over 6%, marking its largest single-day increase in two months; Intel rose more than 5%; Google and Amazon both gained over 3%; AMD and Meta were up more than 2%; Apple and Nvidia rose over 1%; and Microsoft posted a modest increase. Netflix edged down slightly. Opendoor soared more than 39%, reaching its highest level since August 2023.