On November 22nd, according to CEX market data, SOL reached $260 for the first time, hitting a new all-time high after 1100 days with a 24-hour increase of 11.98%. Solana (SOL) previously reached a historical high of $259.9 on November 6th, 2021. At that time, the Solana ecosystem was associated with the well-known trading platform FTX Depth, and SOL itself was highly regarded by the encryption leader at that time, SBF, the founder of FTX. However, with the end of the 2021 bull market caused by the Fed's interest rate hike, the encryption field was successively affected by LUNA and Three Arrows Capital's collapse in 2022, and FTX also collapsed at the end of 2022. SOL also fell to $8 at one point.