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It’s possible that SOL could return to $200, but several factors will influence whether it happens in the near term.
Market Sentiment: The current panic around Solana, particularly due to the $2 billion unlock scheduled for March 1st, could continue to weigh on the price. Token unlocks tend to increase the circulating supply, which can put downward pressure on the price in the short term.
While a return to $200 is certainly within the realm of possibility, it will likely depend on how well Solana navigates the unlock and the broader market environment over the next few months.
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