Wondering how much a consistent investment in Solana (SOL) would be worth today? Let's explore the potential return on investment (ROI) of buying $100 of Solana weekly since its launch. Specifically, we'll calculate the present value of investing $100 in SOL each week starting from 2020.
How much would you make with weekly $100 in Solana since launch? Solana’s (SOL) price right after its launch in April 2020 was around $0.95. By November 2020,
Predicting the exact worth is complex due to price fluctuations and the availability of precise historical data. Get historical data for the Solana prices. You'll find the historical Solana market data for the selected range of dates. The data can be viewed in daily, weekly or monthly increments.
While pinpointing the exact figure without precise calculations is tough, understanding Solana's price journey provides valuable context. Check the Solana price history from each day since it was listed on CoinMarketCap. Fiat currency selection. SOL closing prices. Daily, weekly and monthly price movements can be visualized to gain insights.
The initial investment period saw low prices. In 2020, Solana was worth less than a dollar. During the subsequent crypto bull market, it soared to over $200, making early investors very wealthy. However, the ensuing market conditions impacted its value.
For a more precise calculation, you would need to consider factors like transaction fees and potentially staking rewards, which are not factored into this general overview.