Solana Price Takes a Hit, But Is $200 Still Possible?

Solana ($SOL) experienced a significant drop in price over the past week, plummeting from highs of around $237 to $145 on November 4th. This marks a 38% decline in just one month, and brings Solana’s current price closer to its lowest point since July. Despite this sharp downturn, analysts believe that with institutional interest remaining strong, Solana might regain some momentum towards the $200 mark.