Solana (Sol) has traveled fairly a bit over the course of 5 years of historical past. Property have skilled many ups and downs. Sol’s costs have been sacrificed after the collapse of FTX in November 2022. Cryptocurrency costs fell beneath $10. Sol has since hit a number of all-time highs.
Solana value $2,200 may have made you a billionaire
Sol was at its lowest in Might 2020. The property reached an all-time excessive of $293.31 on January nineteenth this 12 months. Once they purchased $2,200 value of Sol on the backside and offered at peak occasions, they made greater than $1 million in income. Investments would have elevated by 46,226.17%.
Solana (Sol) confronted a significant value correction final month. Property have fallen 56.4% from their January excessive. If that they had saved SOL value $2,200, the funding would have been value $506,672. The advantages of this state of affairs are additionally commendable, however not close to $1 million.
Can you continue to be a billionaire with property?
Solana (Sol) has turn out to be some of the well-liked cryptocurrencies in simply 5 years. The Sol Community presents appreciable competitors with the Ethereum (ETH) community. Many imagine that Sol will in the end turn out to be essentially the most populous blockchain community.
It is usually probably that it’s going to obtain approval from the Spot Solana (SOL) ETF inside this 12 months. The management of US pro-cryptometrics might make it simpler for crypto-based ETF merchandise to see the sunshine of day.
Each developments will be capable to elevate the worth of Sol to new highs over the subsequent few years. If Sol continues its upward trajectory, many new billionaires might be created.
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