Solana (SOL) has had fairly a journey in its 5-year historical past. The asset has skilled quite a few ups and downs. SOL’s worth took a toll after the collapse of FTX in November 2022. The cryptocurrency’s worth fell to beneath $10. SOL has since hit a number of all-time highs.
$2200 Value Of Solana May Have Made You A Millionaire
SOL was at its lowest in Might 2020. The asset hit an all-time excessive of $293.31 earlier this 12 months on Jan. 19. In the event you bought $2200 value of SOL when it was at its backside and offered it when it was at its peak, you’d have made greater than $1 million in revenue. The funding would have grown by 46,226.17%.
Solana (SOL) has confronted a big worth correction over the past month. The asset is down by 56.4% from its January highs. In the event you had continued to carry the $2200 value of SOL, the funding would have been value $506,672. The income on this state of affairs are additionally commendable however nowhere near $1 million.
Can You Nonetheless Grow to be A Millionaire With The Asset?
Solana (SOL) has change into one of the vital standard cryptocurrencies in simply 5 brief years. The SOL community presents appreciable competitors to the Ethereum (ETH) community. Many imagine SOL will finally change into essentially the most populated blockchain community.
There may be additionally a excessive likelihood that we are going to get the approval for a spot Solana (SOL) ETF someday this 12 months. The professional-crypto management within the US might make it simpler for crypto-based ETF merchandise to see the sunshine of day.
Each developments may take SOL’s worth to new highs over the subsequent few years. We may even see the creation of many new millionaires if SOL continues its upward trajectory.
