Solana Back-testing Results: Athena V2

1590% Returns in Solana in 2 years, 2x HODL and only in 13 trades. Invest in Solana with Sypto

Ever since we upgraded the strategy Athena on Solana and other top 5 coins in the market, I wanted to share a detailed back-testing result with you all so that you know what to expect in future.

Here’s how the strategy performed on Solana between August 2020 & August 2022

Solana (SOL) Highlights

1590%
Net Profit

96%
Max Runup

13
Trades

896%
HODL Return

274%
Largest Win

24%
Largest Loss

Solana being a relatively newer coin, we can take a look at its past 2 years history together in one go.

August 2020 – August 2022

Since its launch around $3 Solana remained flat for a long time after which it grew through an unprecedented bull run & even touched $260 mark. Following this came a major bear run that continues till date and sees SOL settling around $40 levels.

At the end of 2 years, a $1000 initial capital would be $16959

Here are the trades

TradeTypeDatePriceTypeDatePriceProfit %Run-up %Drawdown %
1Buy12/08/2020$3.53Sell18/08/2020$2.84-19.5517.2419.55
2Buy24/08/2020$3.53Sell04/09/2020$3.24-8.2240.1615.01
3Buy01/01/2021$1.81Sell22/01/2021$2.9663.54130.395.44
4Buy30/01/2021$4.17Sell17/03/2021$13.19216.31336.581.5
5Buy22/03/2021$16.5Sell25/03/2021$13.03-21.030.5521.03
6Buy27/03/2021$16.59Sell18/04/2021$24.748.8880.411.72
7Buy19/04/2021$32.33Sell10/05/2021$41.4228.1254.6210.89
8Buy16/05/2021$49.25Sell19/05/2021$37.43-2418.5424
9Buy05/08/2021$38.1Sell17/09/2021$142.6274.28466.936.53
10Buy21/10/2021$177.79Sell16/11/2021$217.522.3446.180.48
11Buy27/03/2022$106.43Sell08/04/2022$112.15.3334.841.14
12Buy16/07/2022$39.72Sell25/07/2022$38.29-3.619.233.6
13Buy13/08/2022$47.36Sell19/08/2022$39.51-16.582.1517

Conclusion

For anyone looking to invest in Solana, Athena is one of the top strategies if they want to avoid the high volatility and choose a more smoother road to their crypto investments.
Athena is LONG ONLY & doesn’t use leverage. It Works on SPOT Market thus has a relatively lower risk.

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