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

Summary

This article provides a comprehensive review of Solana’s historical price movements and market fluctuations since its inception. Combining data from bull and bear market phases, 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 grasp 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 providing scalability without compromising decentralization or security. According to market records, its early trading price was approximately $0.73.

Below are Solana’s price changes during the early 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: 4978.04%

An investor who bought 10 Solana tokens during the early bull market in 2020 and sold at the end of 2021 could have realized a potential return of 1354.17 times (based on initial investment).

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

During this period, Solana’s price experienced significant volatility. In 2022, it entered a severe bear market, with prices plummeting from $140.74 at the start of the year to $9.99, a decline of 92.9%. Subsequently, during the market recovery in 2023, the price rebounded to $101.71.

Potential returns for purchasing 10 Solana tokens at different stages are as follows:

• 2022: -18.47 (significant loss)
• 2023: 1244.22 (strong rebound)

Recent Market Cycle: Should I buy Solana now? (2024 to 2026 so far)

In recent years, Solana has shown a pattern of rising volatility followed by retracement. In 2024, it achieved a 138.66% annual return, but in 2025, it declined by 28.84%. So far in 2026, prices have remained stable.

2024

• Opening Price: $89.41
• Closing Price: $213.39
• Highest Price: $252.68
• Lowest Price: $89.41
• Annual Return: 138.66%

2025

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

2026

• Opening Price: $138.89
• Closing Price: $138.89
• Highest Price: $138.89
• Lowest Price: $138.89
• Annual Return: 0.0%

Potential returns for investors purchasing 10 Solana tokens during this period are:

• 2024: 494.80
• 2025: -495.80
• 2026 so far: 0

Conclusion: Bull Markets, Bear Markets, and Investment Timing Analysis

By analyzing Solana’s historical prices and potential returns, we see a cycle from extreme growth (2021 with 4978% return) to sharp decline (2022 with 92.9% loss). The strong rebound in 2023 and the upward trend in 2024 indicate a long-term positive outlook for Solana. However, the correction in 2025 and the stabilization in 2026 suggest the market has entered a relatively mature phase. When evaluating whether to buy Solana now, investors should consider their risk tolerance and long-term investment goals, recognizing the high volatility characteristic of crypto assets.