Investing.com reported that UBS recommends caution when investing in cryptocurrencies, including Solana, due to macroeconomic and sectoral concerns. They mentioned the impact of FTX's collapse on Solana
One analyst predicted that Solana's price could hit $600 in the current crypto bull cycle. The forecast is based on growing on-chain activity and strong underlying demand for SOL tokens
After an impressive appreciation in 2023, Solana has seen a slight retracement of 1.5% in 2024$SOL