What is the return on investing $5,000 in Solana if the SOL price increases by 1,000%?

Solana has been one of the best performing assets in recent years and has established itself as a suitable choice for trading and long-term investment. After a six-month consolidation, the Solana price prediction is poised for a directional rally, which has investors curious – what could happen to a $5,000 investment in this altcoin if the SOL price rises by 1,000%?

Return to $5,000 if Solana price increases by 1,000%

At press time, Solana price was trading at $128.57 with an intraday loss of 2.4%. According to Coinmarketcap data, Solana is the fifth-largest cryptocurrency with a market cap of $59.6 billion and a 24-hour trading volume of $1.72 billion. SOL price is showing a year-to-date (YTD) growth of 25% and is trading at 50%, down from the all-time high of $260.

Using the data above, let's examine SOL's potential returns, starting with a 1,000% increase and working down to lower percentage growth.

1. What would the SOL price be if it increased by 1,000%?

• Assuming the Solana coin were to increase by 1000%, the current trading price of $128.5 would reach $1,414.27. In such a case, a $5,000 investment would grow to approximately $55,046.16.

2. How much would $5,000 invested be if SOL increased by 100%?

• Using the same formula as above, a $5,000 investment in SOL would be worth $10,000 after a 100% increase, simply double.

3. How much would $3,000 invested be if SOL rose 500%?

• After a 500% increase, the SOL price would be at $771.42. An investment of $3000 would grow to about $18000.

4. How much would $3,000 invested be if SOL increased by 100%?

• A 100% increase would double your investment from $3,000 to $6,000 as the Solana price could rise to $257.14.

Solana Price Prediction: SOL Expects Major Breakout From Flag Pattern

Solana price tradingview chart shows the formation of a bullish continuation pattern called “Flag”. The chart setup is characterized by a directional rally represented by a “pole” and two sloping trendlines that indicate the temporary countertrend movement.

Given the market expectation of a rate cut by the Fed, the SOL price could rise again within the flag pattern and challenge the key resistance at $180. A successful breakout from the upper trendline would signal the continuation of the prevailing rally and prompt buyers to target the $250 high.

On the contrary, the Solana price prediction could see a prolonged consolidation if investors witness renewed selling pressure at $180.

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Equipped with a strong understanding of technical analysis, he keeps an eye on the daily price movements of major assets and indices. Attracted by his fascination with financial instruments, Sahil has enthusiastically turned to the emerging space of cryptocurrencies, where he continues to explore opportunities fueled by his passion for trading.

Disclaimer: The content presented may contain the personal opinion of the author and is subject to market conditions. Conduct market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.