If You'd Invested $1,000 In Solana (SOL) 5 Years Ago, Here's How Much You'd Have Today

Key Points

If you catch an asset early in its adoption curve, you don't need to be perfect to do really well. On that note, five years ago, Solana (CRYPTO: SOL) was a fledgling smart contract network with more ambition than market share. Had you invested $1,000 then, it would be worth roughly $55,000 on August 27, 2025, or around 5,620% more than what you started with.

That kind of growth, despite skepticism and severe setbacks, is why investors pay attention to the Solana blockchain today. Let's break down its path and examine its future prospects.

If You'd Invested $1,000 In Solana (SOL) 5 Years Ago, Here's How Much You'd Have Today

The last five years were amazing for investors -- but extremely difficult too

Today, Solana trades a little above $204 per coin. On Aug. 27, 2020, just shortly after its mainnet beta went live in early 2020, its price was about $3.44.

The price action over the last five years was not a straight line upward. In fact, as coins go, this one was an extremely difficult investment to hold. Most investors probably would have cracked and sold their coins at one moment in particular.

The FTX bankruptcy hit in November 2022, obliterating all positive sentiment in the crypto sector overnight, and sharply disrupting the supply dynamics around coins associated with the exchange.

Solana was especially hard hit because FTX was heavily promoting it, and owned a stake equivalent to roughly 10% of its total market cap at the time. The exchange had also issued wrapped tokens on the chain, which many users and decentralized finance (DeFi) projects were using as collateral. When the assets backing those tokens were revealed to be missing, they went to zero and took down a significant portion of the Solana ecosystem on the way.

Between the end of November 2021 and a year later, Solana lost 93% of its value.

Even so, by January 2025, Solana's DeFi total value locked (TVL) had pushed back above $10 billion for the first time since before the collapse, a sign that builders and users had returned.

But why did capital come back after seeing the coin's value evaporate nearly overnight?

The chain's core pitch to investors, users, and developers remains its high throughput and low fees, which are both significant advantages for consumer-facing activity. Recent usage data supports that reality, with millions of daily active wallet addresses and tens of millions of daily transactions at periods of peak demand.

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