If You Had Bought $1,000 Worth of Solana (SOL) in 2022, Here’s How Much You’d Have Today

The Impact of the FTX Exchange Collapse on Solana (SOL)

The abrupt detention of Sam Bankman-Fried had a profound influence on Solana (SOL), a cryptocurrency already facing challenges. As the FTX crisis unfolded, SOL experienced a sharp decline of 59.6%, plummeting from $32.61 to $13.18 within just a week. At the moment of arrest, the price dropped to approximately $8 per token.

Current Performance of Solana in 2023

Despite the chaos in 2022, Solana, alongside Bitcoin and Ethereum, showed remarkable stability in 2023. By the end of March, SOL had soared to $210, buoyed by a positive market sentiment and technological advancements.

What If You Invested in Solana?

For those who invested $1,000 at the bottom price of $12, it means purchasing around 83.3 SOL. Now valued at $154 per token, this investment is worth over $12,000, reflecting an exceptional 1,200% increase in under two years.

Emerging Opportunities in Cryptocurrency

While the gains in Solana are noteworthy, the crypto landscape is bustling with new opportunities. One such project is Rexas Finance (RXS), which aims to offer similar growth potential. Currently in the presale stage, RXS provides a promising alternative at a much lower entry price.

Rexas Finance: A New Contender

Rexas Finance is innovating by tokenizing physical assets, allowing users to invest in real estate and other commodities easily, thus democratizing investment opportunities. At the presale price of $0.060, a $1,000 investment yields approximately 16,666.67 RXS tokens. With projected returns resembling Solana's meteoric rise, Rexas Finance could be a significant player in the market.

Invest now and seize the opportunity before Rexas Finance follows in the footsteps of Solana.