The methodology
We’re going to repeat a game we’ve already played with bitcoin and Ethereum: where would we be if we had invested 100 dollars a month in Solana, starting from 2021 to today? In this article we’re going to reveal the mystery number.
Before starting, let’s review the rules and the method we used to reach the final result:
- First of all, as mentioned, we have assumed an investment of 100 dollars per month, starting from November 2021 and ending in March 2025. This is a rather long time span considering the frenetic nature of our sector and the short time horizon compared to other asset classes;
- The only entries are those of the CAP, made on the first day of each month. In short, no extras, regardless of the opportunities offered by the market;
- For ease of calculation, we have not taken into account any type of commission (exchange and possibly gas fees). In any case, using the Solana chain and the right exchange, we can say that we would not have spent more than a few dozen euros in total;
- Any returns from DeFi or staking were also excluded from the calculations. Simplicity of calculation is the key word, as well as the desire to simulate pure holding, without accessing other earning opportunities and leaving out any extra risks;
- Finally, the price on which we based our calculations is the closing price, rounding up or down to the nearest cent. All data comes from the well-known TradingView platform.
Now that we have everything clear, we can discover the results!
The results
Let’s start with the total capital invested.
An accumulation plan from November 2021 to March 2025 (inclusive), with monthly deposits of $100, would have resulted in a total investment of $4100. All in all, an affordable sum for many people, considering that the monthly output is rather small.
As we all know, there would have been many different moments. SOL has in fact gone through very different contexts: from the ridiculous value of 8 dollars per unit at the beginning of 2023 to the All-Time High of almost 300 dollars a couple of months ago. We should have kept our seatbelts fastened, that’s for sure.
To cut a long story short, today we would have 95.67 SOL at our disposal: a nice little nest egg. At the current exchange rate (131 dollars per token at the time of writing), we would have a good 12,532 dollars in Solana: a great result considering that we only invested 4,100 dollars. Converting the sum into euros, we would still get about 11,500 euros given the current EUR/USD exchange rate, a really good figure.
The simulation just completed can make us “cry” because the various “oh, if only I had done that” thoughts come to mind, but we must remember that we are not psychics and we have no way of knowing that something will actually work out.
In any case, these calculations show the power of patience and planning. If a project is considered valid and the fundamentals seem convincing, a reasoned PAC is the right solution to increase the chances of success.
