$1K in ADA vs SOL: Here’s What You Could Earn by 2030

Juhi Mirza
SOL vs ADA
Source: WoolyPooly

The cryptocurrency market is currently witnessing a revolutionary change. This change has been initiated by none other than President Donald Trump, who has now endorsed the domain, making it one of this administration’s priorities. This development has led the market to pick up pace, with investors flocking towards multiple crypto tokens to invest in and build extensive portfolios on. While Bitcoin and Ethereum remain the most profitable crypto tokens to date, will Cardano (ADA) and Solana (SOL) be able to deliver similar results in terms of long-term profitability? How much does a modest $1000 investment in ADA and SOL turn out to be in about five years? Let’s find out.

Also Read: Solana (SOL) & Cardano (ADA) Eye RWA, Trading Stocks On Blockchain

ADA and SOL: Key Happenings

cryptocurrencies sol ada
Source: CoinDCX

Cardano and Solana are two leading cryptocurrency tokens that exist in the domain as of now. Cardano has recently unveiled Midnight, a sidechain that prioritizes security and is on the path to adapting high transactional output to accommodate a large influx of transactions.

“Midnight is a Cardano sidechain solution that is designed to enable efficient, secure, and cost-effective smart contract execution on Cardano. The main purpose of this sidechain is to safeguard important commercial and personal data. In most of the Web2-based platforms, users do not have the authority and control over their own personal data. While keeping the visibility of the transactions on the blockchain, Midnight will allow users to have autonomy and control over their own personal data.”

Solana, on the other hand, is also forging new pathways along the line. SOL is touted as one of the most scalable blockchains to date. Per recent metrics by SOL News, Solana has generated $1.12B in revenue to date, taking the markets by storm as of late.

“$SOL isn’t just winning, it’s lapping the field. $1.12B in revenue year-to-date. That’s 2.6x more than $ETH, 3.2x more than $TRX, and 8.8x more than $BNB. The king of scalability is also the king of revenue.”

Moreover, both tokens are now key contenders in the rising ETF narrative. If the US SEC approves Solana and Cardano ETFs, it could bring in an ultra-bullish momentum for both tokens.

$1000 Investment in Solana and Cardano: Returns by 2030

Per Changelly, an investment of $1000 in Solana will ultimately be able to deliver returns worth $6,726.39 (572.64%).

“Crypto experts are constantly analyzing the fluctuations of. Based on their predictions, the estimated average SOL price will be around $1,242. It might drop to a minimum of $1,209, but it still might reach $1,417 throughout 2030.”

SOL STATS
Source: Changelly

As far as Cardano is concerned, $1000 in ADA may be able to deliver a profit of $7,162.00 (616%) by 2030.

ADA STATS
Source: Changelly

“Crypto experts are constantly analyzing the fluctuations of. Based on their predictions, the estimated average ADA price will be around $6.06. It might drop to a minimum of $5.89, but it still might reach $6.90 throughout 2030.”

Also Read: XRP Crash, Solana & Cardano Plunge: Is It Time to Buy the Dip? See the Target