Solana experienced a significant decline of 12.06%, dropping to a low of 220 USD following a market crash, but managed to recover partially to 243.95 USD.

Analyst Ali Martinez suggests a potential 20% price breakout for Solana if it closes above the critical range of 251-262 USD, as this could signal the start of an upward trend.

The market sentiment towards Solana has shifted positively, with recent increases in options volume and open interest indicating heightened trading activity and expectations of price recovery.