there is always room for rebounding , as Solana had already reached 3 digits in the past and even higher so 40 dollars is not that much to expect , also the lowest price recorded are even centavos so why bother looking for this when it is written to happen again soon?
in the next bullrun in which believed to be coming in 1-2 years time? I am sure most of Solana's supporters will have their gains that time specially those who bought in those lowest value ever.
Those holding Solana will have their day and get huge profits when the time comes, however the drop Solana has experimented is something that cannot be ignored, the price dropped 92% from its ATH, which is one of the higher percentages among the top coins in the market.
So if someone bought at that price or close to it they will need to hold their coins for the majority of the upcoming bull run just to recover their money, and if they do not have plans to do this then they need to begin to buy more Solana at the current prices so they can decrease the average price at which they bought this coin and they can breakeven even sooner.