As this year ends, the recent performance by Solana (SOL) positions it as one of the biggest gainers this year, especially in the previous month, where it added almost 80% to its value.

Cryptocurrency traders and investors contemplate SOL’s potential price ranges in the coming year.

Despite still being below its all-time peak of $246.67, this crypto displays indications of recovery in the recent period, which has driven its price above the $100 threshold for the first time in 2023 and propelled its market capitalization to fifth place among cryptocurrencies.