Cryptocurrency Solana (CRYPTO: SOL) has soared in value over the last week gaining over 20%, with gains outpacing both Bitcoin and Ethereum.

Here's a look at how investors could perform if they invest in Solana now and if the coin returns to all-time highs.

What Happened: Solana been in the news a lot recently, especially in regards to the Jito (CRYPTO:JTO) airdrop that rewarded people who participated in a Solana-based liquid staking protocol.

Launched in 2020, Solana is a layer1 blockchain designed to help facilitate smart contracts and create new decentralized applications. The cryptocurrency is able to process a large amount of transactions per second and has a low transaction cost.

Over the years, Solana has gained interest and seen use cases thanks to its position in the worlds of non-fungible tokens and blockchain gaming.

One crypto trader on Twitter, the social media platform now known as X, sees the price of Solana accelerating with a price target of $360 by 2025.

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Investing $100 in Solana: Despite the recent rise in Solana’s value, there could be even more upside for investors, as the coin is still trading well off from all-time highs set in November 2021.

Solana has traded between $8.14 and $73.97 over the last 52 weeks. The coin began trading at around $170 in 2022, before falling during the year and ending the year at around $10. In 2023, the coin has been one of the best-performing large cryptocurrencies, up over 550% year-to-date.

A $100 investment in Solana could buy 1.37 SOL coins at the time of writing, based on a price of $73.21.

If Solana hits a new all-time high of $260.07, the $100 investment would be worth $356.30. This represents a potential return of 256.3%.

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