If You Had Invested $1,000 In Solana A Year Ago, This Is How Much You Would Have Today

Cryptocurrencies are known for their huge profits and few exemplify this better than Solana.

Cryptocurrency investments are known for their high volatility, and few exemplify this better than Solana (SOL -0.69%). In recent years, the price of Solana has seen dramatic fluctuations.

In 2020, Solana was worth less than a dollar. During the subsequent cryptocurrency bull market, it skyrocketed to over $200, making early investors very rich. However, the subsequent crypto winter was tough on Solana, causing its price to plummet over 95% to a low of around $7.

But since then, things have changed for the better as the crypto asset class finds itself in another bull market. Solana price, which is no stranger to monumental gains and riding the tailwinds of bullish momentum, has soared more than 800% in the last year. In other words, if you had invested $1,000 in Solana just a year ago, when its price was $20 per coin, you would have almost $8,200 today.#solana