Solana has fallen by 1.4% within 24 hours. The stock is down 12% from the prior week, and it’s up 9.4% for the past 14-days. The asset, however, is still up 4.4% for the past month and has risen 886.4% between June 2023 and now.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/Solana-SOL-Dips-12-When-Will-It-Reclaim-170-Again.png)
Also Read: Can Solana [SOL] Hit $170 by Mid-June 2024?
SOL has corrected its price by around $152 in the last few days. This was the level that SOL reached in early May 2024. Investors could have become cautious ahead of the US FOMC meeting (Federal Open Market Committee), and before US inflation data. Traders have lost hope for an immediate interest rate decrease since the early years of 2024.
How much will Solana SOL (SOL) claim?
![Solana](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Solana-SOL-Flips-BNB-to-Become-4th-Largest-Cryptocurrency.jpg)
![Solana](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Solana-SOL-Flips-BNB-to-Become-4th-Largest-Cryptocurrency.jpg)
SOL’s price may remain at its current level throughout the rest of the month, according to CoinCodex. Platform predicts, however, that SOL will return to $170 by early July 2024, and reach $172.24 in July 5. The growth rate from the current level to $172.24 would be about 12.78%.
Also Read: Solana: New Addresses Touch 1M as SOL Attempts a Comeback
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1718219964_717_Solana-SOL-Dips-12-When-Will-It-Reclaim-170-Again.png)
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1718219964_717_Solana-SOL-Dips-12-When-Will-It-Reclaim-170-Again.png)
Finder This platform presents a bullish outlook for Solana’s (SOL) stock in 2024. Platform predicts SOL will hit an all-time record high of $284 in this year. To reach $284 at current prices would be a nearly 86% increase. However, it is not clear when this asset might reach $284 by 2024. SOL’s value was 41% lower at the time of press than its previous high, $259.96 in November 2021.
Also Read: Solana: Analyst Says Trump Re-Election Could Lead to SOL ETF
A spot ETF approval could also be a positive development. Online, there are many rumors that suggest the US SEC may approve a SOL spot ETF this year after it approved Bitcoin (BTC), Ethereum (ETH), and other ETFs.
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Source: watcher.guru