Solana’s Rock Bottom to Riches: How a $2,000 Bet at the Bottom Would’ve Paid Off

Imagine catching Solana at its absolute nadir—that moment when even crypto true believers were sweating. Here’s what that play would look like today.

The Setup: Timing the Trough

Buying the dip sounds easy until you’re staring at a chart that looks like a cliff dive. But for those who nailed Solana’s lowest point, the numbers speak for themselves.

The Punchline: Compound Hindsight

No crystal ball needed now—we’ve got perfect 20/20 vision looking backward. That ’obvious’ trade? It wasn’t so clear when wallets were trembling.

Of course, if we could all predict bottoms, we’d be sipping margaritas on our private islands instead of reading hypotheticals. The market’s cruel joke? It only telegraphs these opportunities in reverse.

Solana Jumps On The Recovery Wagon

The sixth-largest cryptocurrency, Solana, was trading around $173.70 at the time of writing. Throughout the past 24 hours, SOL surged by 3.15%. Just earlier today, the asset was trading at a low of $166.30 before jumping to a high of $175.52.

Solana made its debut just before the deadly pandemic of 2020. The solana Foundation rolled out SOL in April 2020. The blockchain, however, was founded back in 2017 by Anatoly Yakovenko. This developer aimed to address the blockchain’s scalability problems without sacrificing decentralization or security.

$2,000 in 2020

While SOL started off on a good note, it dropped to its all-time low on May 12, 2020. The asset was trading at a dainty price of $0.5052. This marks a notable rise of more than 34305.15%. If an investor had put $2,000 into Solana at its all-time low of $0.5052 in 2020, that investment would be worth nearly $687,790 today, with Solana currently trading around $173.70. This highlights the massive growth of the asset despite facing setbacks in recent days. Investing in cryptocurrencies during their initial stages has almost always proven to be beneficial.