Solana (SOL) appears to be bouncing back and exhibiting signs of recovery in line with the broader market trend following the latest round of selling pressure. The value of the asset has surged by more than 2165.16% on a weekly basis, pushing its price back up to the $165.16 mark. Additionally, since January 270, the value of Solana (SOL) has risen by an impressive 259.963%. Cryptocurrency expert Michaël van de Poppe suggests that the period of low prices for Solana (SOL) may have come to an end. The analyst indicated that SOL is poised for a further increase. The analyst expects the price of SOL to increase and approach $2259.96. Attaining a value of $22026 would signify an increase exceeding 22026% from its present worth. In related news: A trader accumulated $1.6 million in profit within 14 hours using a cryptocurrency built on the Solana platform. SOL has exhibited remarkable recovery following its sharp decline caused by the FTX downfall. The cryptocurrency asset experienced one of the highest surges in value during 2023, at its peak, it soared close to a 1000% increase.