Solana Historical Price and Return Analysis: Should I buy SOL now?

Summary

This article provides a comprehensive review of Solana’s historical price movements and market fluctuations since its inception, analyzing data from bull and bear market phases to assess the potential returns for investors who purchase 10 SOL tokens. It also addresses the key question, “Should I buy Solana now?” to help both beginners and long-term investors determine optimal timing for positioning and growth opportunities.

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

Solana was founded in late 2017 by former engineers from Qualcomm, Intel, and Dropbox. It is a single-chain delegated proof-of-stake protocol focused on providing scalability without compromising decentralization or security. According to CoinMarketCap, its early trading price was approximately $0.73.

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

2020 Year

• Opening Price: $0.73
• Closing Price: $2.16
• Highest Price: $4.4
• Lowest Price: $0.6874
• Annual Return: 196.05%

2021 Year

• 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 would see a potential return of 1324.1% if sold today.

Bear Market Corrections and Mid-term Market Cycles: Return and Risk Analysis (2022 to 2023)

During this period, Solana experienced significant price declines followed by gradual recovery, influenced by market cycle adjustments and macroeconomic factors.

The potential returns for investors who bought 10 Solana tokens during bear or consolidation phases are:

• 2022: -75.97%
• 2023: 1186.72%

Recent Market Cycle: Should I buy Solana now? (2024 to 2025 YTD)

In the past two years, Solana has shown an upward trend, followed by a correction in 2025. Market discussions are underway about whether a new cycle wave has begun.

2024 Year

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

2025 Year (YTD)

• Opening Price: $188.47
• Closing Price: $133.14
• Highest Price: $252.6
• Lowest Price: $105.89
• Year-to-date Return: -29.36%

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

• 2024: 437.3%
• 2025 YTD: -553.3%

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

By analyzing Solana’s historical prices and potential returns, we observe a significant long-term growth trend amid cyclical fluctuations. From an initial price of $0.73 in early 2020 to a peak of $249.39 in 2021, followed by deep corrections in 2022, recovery in 2023, further increases in 2024, and a correction in 2025, investors should evaluate their risk tolerance and long-term strategies to determine whether the current phase remains suitable for deployment. The key question, “Should I buy Solana now?” ultimately depends on individual risk appetite and market outlook.