 | Approximately $2.2 billion worth of Solana (SOL) is set to be unlocked on March 1st. To put this into perspective, this amount represents a staggering 2.35% of Solana's current market cap, highlighting the potential for significant market impact. This will be followed by an additional unlock of 73,687 SOL (worth ~$14 million) on May 17, 2025. Furthermore, ongoing monthly unlocks of 12,687.5 SOL (valued at ~$2.43 million) are scheduled to continue for years to come. Could things get rocky for Solana as institutions holding large quantities of SOL, purchased at steep discounts gain access to these unlocked tokens? [link] [comments] |
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