Solana's price has dropped back to $90 after failing to break the $100 mark, as broader market pressures weigh heavily on cryptocurrencies. The decline follows a brief rebound to $98 on May 12, but higher-than-expected inflation data and Bitcoin's drop below $80,000 have intensified market volatility. Solana has fallen approximately 4.5% in the past 24 hours, according to CoinGecko. The primary driver of Solana's decline appears to be Bitcoin's correction, which saw the leading cryptocurrency fall below $79,000. This has had a cascading effect on high-beta altcoins like Solana. Additionally, geopolitical tensions, including failed ceasefire negotiations in Iran, have further pressured market sentiment, leading investors to reduce exposure to speculative assets like cryptocurrencies.