Solana Historical Price and Return Analysis: Should I Buy Solana Now?

Summary

This article provides a comprehensive review of Solana’s historical prices and market fluctuations since its inception. Combining data from bull and bear markets, it evaluates the potential returns for investors purchasing 10 Solana tokens and answers the key question, “Should I buy Solana now?” to help both beginners and long-term investors identify optimal timing and growth opportunities.

Beginning of Bull Market and Early Market Cycles: Historical Price Review (2020 to 2021)

Founded in late 2017 by former Qualcomm, Intel, and Dropbox engineers, Solana is a single-chain delegated proof-of-stake protocol focused on scalability without compromising decentralization or security. Its early trading price was approximately $0.73.

Below are Solana’s price changes during the initial bull market phase:

2020

• Opening Price: $0.73
• Closing Price: $2.16
• Highest Price: $4.40
• Lowest Price: $0.6874
• Annual Return: 196.05%

2021

• Opening Price: $3.47
• Closing Price: $176.34
• Highest Price: $249.39
• Lowest Price: $3.47
• Annual Return: 4,978.04%

An investor who bought 10 Solana tokens during the early bull market in 2020 would see a potential profit of $887.30 if sold today.

Bear Market Adjustment and Mid-Cycle Market: Return and Risk Analysis (2022 to 2023)

During this period, Solana’s price experienced sharp declines in 2022, followed by a strong rebound in 2023.

Potential returns for investors who bought 10 Solana tokens during bear or consolidation phases:

• 2022: -$512.77
• 2023: $749.92

2022

• Opening Price: $140.74
• Closing Price: $9.99
• Highest Price: $147.86
• Lowest Price: $9.99
• Annual Return: -92.9%

2023

• Opening Price: $14.47
• Closing Price: $101.71
• Highest Price: $112.47
• Lowest Price: $14.47
• Annual Return: 603.0%

Recent Market Cycle: Should I Buy Solana Now? (2024 to 2026 so far)

In recent years, Solana has shown a pattern of rising then falling, with increased market volatility, making investment timing more complex.

2024

• Opening Price: $89.41
• Closing Price: $213.39
• Highest Price: $252.68
• Lowest Price: $89.41
• Year-to-date Return: 138.66%

2025

• Opening Price: $188.47
• Closing Price: $134.12
• Highest Price: $252.60
• Lowest Price: $105.89
• Year-to-date Return: -28.84%

2026

• Opening Price: $139.70
• Closing Price: $89.46
• Highest Price: $139.70
• Lowest Price: $82.79
• Year-to-date Return: -35.96%

Potential returns for buying 10 Solana tokens during these years:

• 2024: $0.50
• 2025: -$990.10
• 2026 (so far): -$502.40

Conclusion: Bull, Bear, and Investment Timing Analysis

Analyzing Solana’s historical prices and potential returns reveals extreme volatility—from early high gains (2021: 4,978.04%) to deep bear markets (2022: -92.9%), and recent downward trends. Currently, the market is in a correction phase, and investors should carefully assess risks and timing before making decisions.