📊 Market and Price Analysis
Historical Performance:
Launch Price: Less than $1.
All-Time High: Around $260 (November 2021).
After the FTX collapse in 2022, SOL lost over 90% of its value, but it began to recover in 2023–2024.
Factors Influencing Price:
New partnerships (such as integration with Shopify and Visa).
Expansion of decentralized applications on the network.
Developer activity and the number of projects built on the network.
News related to stability and outages.
The general market for cryptocurrencies.
