Solana’s price experienced a remarkable ascent in Q2, rising from $96 in April to a peak of $187 by late May—an astonishing gain of 93.5% within 46 days. However, by the end of May, a considerable portion of those gains evaporated, representing a decline of over 20%. As speculation arises about potential price movements, some analysts are questioning whether Solana’s value could fall as low as $120 in light of the recent 4.1 million SOL sell-off. Traders are keenly watching for any signs of recovery.