Solana (Sol) has achieved incredible success over the last few years. The asset prices were tanked in November 2022 after the collapse of FTX. Sol’s price fell below $10. Sol has come a long way since its 2022 low. Cryptocurrency reached multiple all-time highs in the past few months. Sol peaked at $293.31 in January this year. Since its January high, the asset price has fallen 52.5%.
Let’s discuss whether $5,000 worth of sols by 2030 are worth $500,000.
Will a $5,000 worth of Solana be worth $500,000 by 2030?
If you buy a SOL worth $5,000 today, you’ll receive approximately 35.87 coins. If 35.87 coins are worth $500,000, the price of each coin should reach around $13,939.22. Sol’s price should rise approximately 9,898.72% to reach its $13,939.22 target.
According to Changelly, Solana (SOL) could reach a maximum price of $1,432 in 2030. This figure is much lower than the $13,939.22 target. In this scenario, a $5,000 investment would be $51,365.84. Your investment would have increased by around 927.32%.
Telegaon presents an even more bearish outlook for Solana (Sol). The platform expects Sol to trade at the maximum price of $854.18 in 2030. In this scenario, a $5,000 investment would be $30,639.44. Your investment will increase by approximately 512.79%.
When will the assets reach $13,939.22?
Changelly expects Sol to achieve its $13,939.22 target in February 2040. The platform expects assets to be traded at a maximum price of $14,462 for February 2040.
Meanwhile, Telegaon predicts that Solana (SOL) will reach its $13,939.22 target after 2050. The platform expects SOL to trade in 2050 at a maximum price of $6,153.31.
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