Two years ago, Bitcoin and Solana sat at very different starting lines, and only one has made it back. A closer look at supply, ETF outflows, and a token burn plan shows which recovery looks more realistic.
The Crypto Desk desk. Editor: Sam Daodu.
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Bitcoin(CRYPTO: BTC) is priced at $75,904, almost exactly where it was on November 6, 2024, when it closed at $75,640. In contrast,Solana(CRYPTO: SOL) is trading at $90.57, significantly lower than $187.04 two years ago.
According to CoinGecko, Bitcoin has fallen 0.4% in the last 24 hours and 1.8% over the past week, while Solana has gained 0.4% today but is down 4.6% for the week.
No one can know either coin’s exact price, but price projections can still show how different outcomes would affect a hypothetical $1,000 investment made today. A Bitcoin price of $100,000 and a Solana price of $150 would yield very different returns, making it worth considering both high and low estimates.
What Would $100,000 Bitcoin and $150 Solana Mean for Investors?
Market capitalization is calculated by multiplying a coin’s price by the number of coins in circulation. Bitcoin has a market cap of approximately $1.53 trillion, with about 20,105,365 BTC in circulation against a maximum supply of 21,000,000 coins. If Bitcoin reaches $100,000, its market cap would rise to around $2.01 trillion, still below its all-time high of $126,080 recorded on October 6, 2025. Bitcoin is trading about 39.8% below that peak.
Solana faces a different supply challenge: it has no maximum cap, and its supply is increasing. On November 6, 2024, Solana’s market cap of $88.13 billion suggested about 471 million SOL coins in circulation. As of November 6, 2026, that number has grown to 590,342,671 SOL, approximately a 25.3% increase.
So, if Solana hits $150, its market cap would be around $88.55 billion, similar to what it was when valued at $187 two years ago.
This growing supply is crucial when predicting Solana’s price in 2028. A recovery to $200 would require a 120.8% increase and would push its market cap to nearly $118.07 billion. Solana’s market cap stands at about $53.47 billion now, and the coin is trading 69.1% below its record high of $293.31. Afive-year Solana outlookcovers the longer view.
A $1,000 investment would have secured 0.0132 BTC or 11.04 SOL. The rows below show potential outcomes based on different price scenarios; these are examples, not forecasts, and each Bitcoin and Solana outcome can occur independently.
Investment Scenarios
| Scenario | BTC Price | BTC Return | $1,000 in BTC | SOL Price | SOL Return | $1,000 in SOL |
|---|---|---|---|---|---|---|
| Lower Price Example | $50,000 | -34.1% | $658.73 | $50 | -44.8% | $552.06 |
| Mixed Recovery | $100,000 | +31.8% | $1,317.45 | $150 | +65.6% | $1,656.18 |
| Higher Price Example | $150,000 | +97.6% | $1,976.18 | $250 | +176.0% | $2,760.30 |
| Equal Doubling | $151,808 | +100% | $2,000 | $181.14 | +100% | $2,000 |
Demand Channels That Could Move Each Coin by 2028
Bitcoin: Spot ETF Demand Has Been Volatile
Exchange-traded funds that hold bitcoin directly affect demand, since their net buying shows up as direct demand for the coin. Farside data shows U.S. funds had net outflows of $430.2 million on November 5, 2026. One day of outflows doesn’t set a long-term trend, but the flows have mostly run against Bitcoin holders lately.
Cumulative net inflows have fallen to $56.11 billion from $57.96 billion since late October 2026, and total net assets have dropped from $109.31 billion to $96.65 billion over the same stretch. ABitcoin in 2030 piecelooks at the longer runway.
Solana: Leap’s Planned Buy-and-Burn Strategy
Leap, a subsidiary of Solana Labs, opened early access to its iOS mobile trading app on November 5, 2026. The app lets users trade tokenized stocks, ETFs, metals, currencies, and cryptocurrencies. Leap plans to use future fees to buy and burn SOL tokens, which would reduce the supply. For now, the plan is still in its early stages, and there are no usage numbers yet to measure its impact.
Will Bitcoin and Solana Recover by November 2028?
Bitcoin seems more likely to reach $100,000 by November 2028 than Solana is to hit $150. Still, Solana offers greater upside returns and bigger downside losses. That volatility reflects Solana’s rising supply over the past two years, against Bitcoin’s relatively stable supply.
For Bitcoin, growing ETF demand comes first. Cumulative inflows need to climb back above the $57.96 billion high from October 21, 2026. Bitcoin also needs to reclaim its October 7, 2026 price of $83,275 before $100,000 becomes a realistic conversation.
For Solana, the first hurdle is the $124.45 it started 2026 at. After that, Leap’s buy-and-burn plan needs to turn into purchases that show up in the supply. A Solana-or-Bitcoin all-time-high piecelooks at which one sets a new peak first.
If ETF outflows continue and Leap’s plans don’t materialize, the lower-price row deserves more weight. In that case, a $1,000 investment drops to $658.73 in Bitcoin or $552.06 in Solana. If cumulative inflows fall below $56.11 billion while Solana stays under $124.45, the mixed-recovery row will likely move further out of reach.
Contact [email protected] for any questions or corrections.
Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.’s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it.
Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives.
When he isn’t reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.
