What was Solana's compound annual growth rate (CAGR) since 2023?

Solana's CAGR from 2023 to September 2026 was 94.0% per year. For comparison, the S&P 500 has historically averaged around 10% annually. Solana significantly outperformed traditional equity markets on an annualized basis.

How does Solana compare to the S&P 500 since 2023?

The same $1,000 invested in an S&P 500 index fund in 2023 would be worth approximately $2,104.49 today. Solana outperformed the index by $9,853.38 — 5.68x the return of the S&P 500.

How much of the Solana gain would you keep after taxes?

Sold today, the $10,957.87 gain would be a long-term capital gain for US federal tax. At the 15% rate most people pay, you'd keep about $10,314.19. At the top rate of 23.8% (20% plus the 3.8% net investment income tax) you'd keep about $9,349.90, and lower incomes pay 0%. State tax is extra, and gains inside a Roth IRA aren't taxed.

What is the inflation-adjusted return on $1,000 in Solana since 2023?

Adjusted for cumulative US inflation since 2023, the real purchasing-power value of the Solana position is approximately $11,176.58 in 2023 dollars. Even after inflation, this is an extraordinary real return — inflation only marginally reduces gains of this magnitude.

How did Solana perform in 2023?

Solana rose 913% during 2023, from $9.97 at the start of the year to $101.00 at the start of 2024.

What If You Invested $1,000 in Solana in 2023?

Try your own numbers

If I had putintoat the start of…

it would be worth today

$11,958

+$10,958 profit12.0x94.0% a year

The same $1,000 in an S&P 500 index fund: $2,104

Aftertax on the gain, you’d keep$10,314

US federal long-term rates: 15% for most people, 0% on lower incomes, 20% + 3.8% on high incomes. No state tax included; none inside a Roth IRA.

Compare with

Growth Over Time

Performance Metrics

Total Invested

$1,000.00

Current Value

$11,957.87

Total Profit

$10,957.87

Multiplier

12.0x

CAGR

94.0%

Max Drawdown

-69.4%

Inflation-Adjusted

$11,176.58

Benchmark Comparison

How does $1,000.00 invested in 2023 compare across different asset classes?

Asset	Value Today	Return
Solana	$11,957.87	12.0x
S&P 500	$2,104.49	2.10x
Gold	$2,303.29	2.30x
Savings (2% APY)	$1,076.98	1.08x

Back in 2023

In December 2023, sales of Solana's Saga phone jumped more than tenfold as buyers chased a free BONK memecoin airdrop available to every Saga owner. coindesk.com
In 2023, a gallon of gas averaged $3.52 and the new iPhone 15 Pro started at $999. eia.gov apple.com
During 2023 itself, Solana rose 913%, the best of the 113 investments we track. The worst was AMC Entertainment (−84%). Full 2023 results →

$1,000 in Solana, year by year

Of the 113 investments we track that were available at the start of 2023, Solana ranks #4 by growth to today, near the top — just behind Robinhood and ahead of MicroStrategy. See the full 2023 ranking →

Solana started 2023 94% below its start-of-2022 high, after falling 94% in 2022. It has been worth more than the $1,000 put in at every January since, and still is today. Its best January was 2025, at $18,957. Today it's 37% below that, so selling then would have beaten holding. It rose in 2 of the 3 full years since. It has been ahead of the same $1,000 in the S&P 500 at every January since, and still is. Month by month, the deepest fall ran from Nov 2024 ($23,958) to Jul 2026 ($7,335), a drop of 69%.

When	Worth	Change	S&P 500
Start of 2023	$1,000	—	$1,000
Start of 2024	$10,130	+913%	$1,263
Start of 2025	$18,957	+87%	$1,579
Start of 2026	$12,485	−34%	$1,861
Today	$11,958	−4.2%	$2,104

Values at the start of each year (first trading day for stocks). The S&P 500 column includes reinvested dividends, like the stock values.

Historical Context

At the start of 2023, Solana was priced at $9.97. $1,000 would have bought about 100 SOL. Solana is a high-speed blockchain that launched its mainnet beta in 2020. SOL pays network fees and is staked to secure the network.

Measured from one January to the next, Solana's best year since then was 2023 (+913%) and its worst was 2025 (−34%). Holding on wasn't easy: between the start of 2025 and the start of 2026, the position fell 34% from its high.

Frequently Asked Questions

A $1,000 investment in Solana at the start of 2023 would be worth approximately $11,957.87 today — a 12.0x return ($10,957.87 profit) over 3.7 years.

Methodology & Sources

Price data: Historical prices are the January 1 opening price, from CoinGecko, CoinMarketCap and Yahoo Finance historical data. Current prices come from Yahoo Finance (CoinGecko as a backup) and refresh hourly; if that source is unavailable, the last saved price is used.

Calculation: Assumes a single purchase at the start of 2023 (or the first trading day, for companies that listed that year), held until today. No transaction fees, taxes, or slippage are included.

Benchmarks: The S&P 500 comparison uses the S&P 500 Total Return index (dividends reinvested, like an index fund) at the start of2023 and today. Gold uses the price per troy ounce. Savings account assumes a 2% APY compounded annually.

Inflation adjustment: Uses U.S. CPI-U annual averages from the Bureau of Labor Statistics. The 2026 CPI value is estimated.

Educational purposes only. Past performance does not guarantee future results. Not financial advice.