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Yahoo
10 hours ago
- Business
- Yahoo
Will a $10,000 Investment in Solana Turn Into $1 Million by 2035?
Solana is gaining traction with asset managers and crypto app developers. Its price has a habit of going up sharply over time. But a lot needs to go right for it to deliver a truly gargantuan return in 10 years. 10 stocks we like better than Solana › Solana (CRYPTO: SOL) has already delivered life-changing returns for its earliest believers, so it is only natural to wonder if the next decade could mint another round of crypto millionaires from the same coin. After all, anyone with $10,000 on hand today can picture a future self bragging about having turned it into a cool $1 million, as risky as such fantasies may be to achieve. Before popping (or even buying) any champagne, it pays to run the numbers, and to ask if Solana's fundamentals can realistically support another 100-bagger move. Solana is a good chain that's among the strongest in the crypto sector from the standpoints of technical implementation and user-friendliness. Its price is up about 260% during the past three years. But turning $10,000 into $1 million in 10 years would require Solana to compound at an annual rate of roughly 58%. That implies a 100-fold rise in the token's price from about $144 today to around $14,400 by 2035. Meanwhile, the network's market cap would balloon from roughly $77 billion to about $7.7 trillion, making it considerably larger than the entire 2024 gross domestic product of Japan, at about $4.2 trillion. Such gargantuan growth is not impossible. For instance, Bitcoin rose even faster between 2013 and 2023, but every additional zero added to the market cap gets harder because new money must justify ever-steeper valuations. For Solana to shoulder that load it would need to become the default payment or transaction settlement layer for a meaningful slice of global finance, not just an efficient chain for non-fungible tokens (NFTs), decentralized finance (DeFi), meme coins, and hobbyist projects. Think trillions of dollars of tokenized stocks, bonds, and real-world assets (RWAs) coursing over its rails and paying fees in Solana. Anything less, and a 100-bagger is mathematically out of reach. There is nothing inherently unreachable about Solana's grand vision being realized during the coming decade. In fact, Solana would be a logical place for those kinds of financial activities due to its speed, low fees, and great developer tooling. To its credit, Solana is built for throughput. Its base layer was benchmarked in 2023 at 65,000 transactions per second (TPS), with median fees below $0.002. This year, the long-awaited Firedancer client entered validator testing, promising a theoretical ceiling of 1 million TPS that would dwarf rival chains as well as traditional payments networks utilized by major credit card providers. If Firedancer ships on schedule in late 2025, Solana could retain its cost and speed advantage for years. Big finance is taking notice. In May a group of major banks announced pilot programs to issue and trade tokenized municipal bonds and money market funds directly on Solana. And, earlier this month the credit rater Moody's ran the first on-chain credit rating trial for those assets. Boston Consulting Group (BCG) estimates the asset tokenization opportunity at $16 trillion by 2030. If Solana captures even a modest share, fee-driven demand for the coin could surge, and things look to be on track on that front. Furthermore, developers are also experimenting with AI agents that settle micro-payments and data attestations on-chain, thanks to new toolkits released this year. These apps are early, but they offer a second leg of demand beyond finance. If agents end up taking off and transacting on Solana at scale, it could be a major driver of demand for the coin. Despite the above, there's a very long way between where the coin is today and it rising 100-fold, and it does not make sense to bet on it delivering the astronomical returns needed to turn $10,000 into $1 million at this juncture. A more grounded case is that Solana could rise five- to 10-fold during the next five years or so if Firedancer delivers, tokenization moves from trials to production, some institutions use it to process transactions, and artificial intelligence apps gain traction. A 10-fold jump would turn $10,000 into $100,000, and it would required a hefty but fully believable 26% annual return. The move here is to build a position slowly, size it modestly, and revisit the investment thesis for continuing to buy it each time a major milestone lands. Owning some Solana will likely pay off handsomely, but counting on a $1 million payday is more hope than strategy. Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Alex Carchidi has positions in Bitcoin and Solana. The Motley Fool has positions in and recommends Bitcoin, Moody's, and Solana. The Motley Fool has a disclosure policy. Will a $10,000 Investment in Solana Turn Into $1 Million by 2035? was originally published by The Motley Fool
Yahoo
23-04-2025
- Business
- Yahoo
Bitcoin Rises 7%, Solana Jumps 14.5% as $347 Million in Crypto Shorts Are Liquidated Following Market Recovery
Bitcoin and Solana have continued to climb as the broader cryptocurrency market rebounds following volatility earlier in April. Bitcoin rose to $91,100—up 7% since April 2—while Solana surged by 14.5% to $145 during the same period. Overall, the global crypto market cap has grown 6% to $295 trillion, with Bitcoin maintaining a 60% share. The rally comes despite political tensions and economic uncertainty following U.S. President Donald Trump's announcement of broad reciprocal tariffs, which had initially caused market jitters. Solana's price rise has been especially notable, given recent developments involving the bankrupt exchange FTX. Around 11 million SOL tokens—valued at about $1.6 billion—were unlocked from the FTX estate, the largest such release since January 2021. Typically, such an influx of tokens would push prices down, but that has not happened. Analysts suggest the market had already absorbed the impact and that interest in the token remains strong. Matthew Nay, a research analyst at Messari, described the token as having been oversold and pointed to renewed interest driven by upcoming updates to the network, including the Firedancer validator client. Meme coins on the Solana network have also gained traction. Fartcoin, developed by Truth Terminal, an AI agent, rose by 21% in the last 24 hours to a market cap of $1.08 billion. It surpassed Bonk to become the second-largest meme coin on Solana and is now approaching Official Trump (TRUMP), the current leader among Solana-based meme coins. Bitcoin has gained momentum as a safe haven and store of value. Its continued rise is attributed to increasing adoption by institutional investors and the launch of spot ETFs. David Duong, head of research at Coinbase Institutional, highlighted that Bitcoin has become more embedded in traditional investment portfolios, which has helped cushion it from sharp price drops seen in previous cycles. On Tuesday, Bitcoin reached a peak of $93,461, its highest price since early March, and is now up 18% over the past two weeks. Other major cryptocurrencies also saw gains. Ethereum rose nearly 8% to $1,703, Dogecoin climbed 9% to $0.172, and XRP gained 3% to $2.15. Although some of these tokens remain below their recent peaks, the broader market has shown signs of recovery. Crypto-related liquidations totaled $347 million over the last 24 hours, with $255 million coming from short positions. Bitcoin accounted for $142 million of that, while Ethereum made up $90 million. The broader mood in financial markets has improved slightly as hopes grow for reduced trade tensions between the U.S. and China.
