Solana (SOL) has recovered in the last two years. The asset’s price tanked after the collapse of FTX in November 2022, falling to sub-$10 levels. SOL briefly surpassed the $200 level earlier this year but has since fallen below $140. Let’s find out when the asset will reclaim the $200 mark again.
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Predictions And Market Factors Influencing SOL’s Price
When Will SOL Hit $200 Again?
According to the analysts at Changelly, Solana (SOL) will reclaim the $200 mark in June 2026, about two years from now. The platform anticipates the asset to hit a maximum price of $215.96 in June 2026.
Changelly analysts also expect SOL to hit a new all-time high in 2026, potentially hitting a maximum price of $273.97 in September 2026. Reaching $273.97 from current price levels will translate to a rally of nearly 103%.
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Telegaon’s Bullish Predictions
Telegaon researchers are much more bullish on Solana (SOL) than Changelly. The platform anticipates SOL will not only breach the $200 level this year but also hit a new all-time high. Telegaon predicts SOL will hit a potential maximum price of $305.16 this year, a rise of nearly 126% from current levels.
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Market Conditions And External Factor
There is a possibility that Solana (SOL) will hit the $200 mark sooner than anticipated, given that we are entering a bullish phase in the market. The Federal Reserve has announced interest rate cuts from this month, which could lead to increased investments in risky assets, such as cryptocurrencies.
If Bitcoin (BTC) regains its momentum, other assets, including Solana (SOL), may witness a rally. There is also much talk about SOL outperforming Ethereum (ETH) as more projects are built on the SOL network.