This exercise aims to generate three separate charts showing the projected Solana (SOL) prices and the amount of SOL needed to accumulate $1 million, under three different scenarios. The scenarios represent different Compound Annual Growth Rates (CAGR) for Solana prices.
The first chart represents a bearish scenario with an 8% CAGR, indicating a relatively conservative growth rate for Solana prices. The second chart depicts a base scenario with a 15% CAGR, representing a moderate growth rate. Finally, the third chart illustrates a bullish scenario with a 22% CAGR, indicating a more optimistic outlook for Solana price appreciation.
Each chart provides insights into how Solana prices may evolve over time and how many SOL units would be needed to accumulate $1 million under each scenario. These insights can help investors and enthusiasts understand potential future returns and make their own informed decisions about Solana investments. The charts are presented for easy comparison and analysis.
To reach $1 million net worth in Solana in 2040, at today's price, you'd need approximately $315241.51 in Solana (@ 8% CAGR), $122894.87 in Solana (@ 15% CAGR), or $50653.01 in Solana (@ 22% CAGR) USD.