Solana (SOL) has experienced a larger market correction over the past few days, following the broader market lower. The asset is down 12.8% on the weekly chart, 13.9% on the 14-day chart, and more than 27% on the monthly chart. However, the price of SOL has increased by 3.2% in the past 24 hours as the project released a new SPL-compliant token extension. Furthermore, the asset is still up nearly 280% since January 2023.

Solana (SOL) is one of the best-performing crypto assets of 2023, surpassing the likes of Bitcoin (BTC) and Ethereum (ETH). At some point in 2023, the price of SOL increased by nearly 1,000% since the beginning of 2023. SOL’s stunning rise last year is particularly impressive considering the asset was one of the victims of the FTX crash. At that time, the asset was FTX bullish and held over $1 billion worth of tokens. While the collapse of now-defunct exchange FTX took a toll on SOL, the asset appears to be making up for its past losses.

When will SOL return to its highest point?

SOL reached its all-time high price of $259.96 more than two years ago in early November 2021. Although the coin is down over 66%, a return to its 2021 peak would mean growth of over 197%.

According to changelly’s analysis, Solana (SOL) may surpass its all-time high price in about two and a half years, around August 2026. The platform expects SOL’s maximum price to be $309.85, which may be reached in December 2026. Reaching $309.85 from current levels would represent a gain of over 255%.

Yelegaon also expects SOL to reach its all-time high price in 2026. But the platform did not specify which month. Telegaon predicts that SOL will reach a peak price of $276.39 in 2026, a growth of more than 217%.

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