This week, the conversation around Solana's price prediction took a turn as SOL printed its first green monthly candle after enduring nine consecutive months of losses. This shift in momentum has sparked interest among investors and analysts alike.
Currently, SOL is trading at approximately $77.47, reflecting a significant increase of around 38% from its cycle low of $60. This bounce has added nearly $14 to the price, indicating a potential recovery phase for the cryptocurrency.
As market conditions evolve, many are left wondering if SOL can continue this upward trajectory and ultimately reach the $120 mark. The recent performance suggests that there may be renewed optimism in the Solana ecosystem.