Solana ($SOL) has gained significant price pumps and soared in popularity in the last few years.
The digital asset price value rose to an all-time high of $260 per token on November 6th, 2021, providing astronomical gains for traders and investors due to its high usability and functional global appeal.
However, the $SOL bull rally and value stability were shortlived as they collapsed to $8.14 in the aftermath of the liquidation of the FTX exchange and Alameda Research, founded by Sam Bankman-Fred.
Token prices have shown a recovering trajectory, as $SOL trades slightly above $21 per token today.
Will the elusive altcoin touch the $100 price mark anytime soon?
While this is possible, crypto experts suggest that these three emerging crypto assets, $ECOTERRA, $YPRED, and $LPX, will pump faster before $SOL rebounds to $100.
These tokens are lucrative alternatives due to their phenomenal concepts, utility, and 200x potential for early investors seeking low-priced assets.
Since its market debut on March 2020, $SOL has pumped over 5000% from its listing price of $0.54.
However, in a broader view, the innovative altcoin price instability and stagnant bearish standpoint indicate an overall market sentiment – but this wasn't always the case.
$SOL hit an all-time $260 in November 2021 due to its soaring non-fungible token (NFT) ecosystem and its functional ecosystem that supports the creation of decentralized finance (DeFi) products and decentralized applications (dApps).
However, the crypto asset lost over 79% of its value amidst the fall of the FTX cryptocurrency exchange and Alameda Research in November 2022.
Solana admitted it had over $1 million worth of assets stuck in FTX before it went bankrupt.
The token has managed to mount
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