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

Summary

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

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

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

Below are SOL’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 SOL during the early bull market in 2020 and sells today could realize a potential profit of $841.70.

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

During this period, SOL experienced significant volatility, with a deep correction in 2022 followed by a strong rebound in 2023.

Potential returns for investors purchasing 10 SOL during bear or consolidation phases are:

• 2022: -$558.37
• 2023: $704.32

Recent Market Cycle: Should I Buy SOL Now? (2024 to 2026)

In recent years, SOL has undergone multiple waves of rise and fall, with market attention remaining high.

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: $139.70
• Closing Price: $84.90
• Highest Price: $139.70
• Lowest Price: $84.90
• Annual Return: -39.23%

Potential returns for investors buying 10 SOL during these years are:

• 2024: -$45.10
• 2025: -$1,035.70
• 2026 so far: -$548.00

Conclusion: Bull, Bear, and Investment Timing Analysis

By analyzing SOL’s historical prices and potential returns, we see a downward trend since 2024, with prices gradually retreating from all-time highs. Investors should carefully assess current market conditions and risk tolerance to determine whether it is an appropriate time to invest.