BlockBeats News, on November 22, the price of SOL (Solana) broke through $260 for the first time, reaching a historical high after 1100 days, with a 24-hour increase of 11.98%. 🎉

Solana's leap this time inevitably reminds people of November 6, 2021, when the price of SOL reached a historical high of $259.9. At that time, the Solana ecosystem had a deep cooperation with the well-known trading platform FTX, and SOL was highly regarded due to the admiration of FTX founder SBF. However, the cryptocurrency market in 2022 experienced a series of turmoil, with the Federal Reserve's interest rate hikes ending a 21-year bull market, and the crypto space suffered successive explosions from LUNA and Three Arrows Capital, ultimately leading to the collapse of FTX at the end of 2022, causing the price of SOL to drop to as low as $8.

Does this strong rebound of SOL mean that spring is coming for the cryptocurrency market? Although we cannot predict the future, one thing is certain: market volatility still exists. For investors, it is especially important to remain calm and rational. Whether bullish or bearish, the market is always full of opportunities and challenges.

Dear friends, what are your thoughts on the future trend of SOL? Feel free to share your views and predictions in the comments section, let's discuss this dynamic market together!