If you decided to invest $1,000 in #Solana ($SOL ) in April 2020, here's a look at how your investment has fared over time:
2020
April: Highest price: $0.95. Amount invested: 2,000 SOL.
August: Highest price: $4.85. Investment value now around $9,700.
December: Highest price: $2.89. Investment value drops to around $5,780.
2021
April: Highest price: $49.58. Investment value now around $99,160.
September: Highest price: $213.47. Your investment is now worth approximately $426,940.
November: Highest price: $259.96. Your investment is now worth approximately $519,920.
2022
April: Highest price: $136.57. Your investment drops to approximately $273,140.
September: Highest price: $39.88. Your remaining investment is worth approximately $79,760.
Conclusion
At the peak in November 202, your $1,000 could have grown to approximately $519,920. However, market volatility in 2022 has caused the value to plummet. Solana, like many other cryptocurrencies, offers great growth opportunities but also risks.