$SOL | Upcoming Token Unlocks: Market Impact & Price Predictions
This week, the crypto market braces for a major shift as over $389M worth of tokens are set to be unlocked, sparking discussions around sell pressure and price volatility.
Key unlocks include:
LAYER: 27M tokens (12.9% of total supply)
SPEC: 10M tokens — nearly 50% of its circulating supply
Other major unlocks: ENA, KAS, MOVE, and NEON
Analysts are keeping a close watch on SPEC and NEON, anticipating heightened bearish pressure as large holders may look to realize gains.
Alongside cliff unlocks, linear unlocks from projects like $SOL and $WLD will steadily add to market supply, potentially intensifying selling activity over time.
One outlier? $SUI, which has shown resilience with a price trajectory targeting $4.11, boosted by bullish sentiment and buzz around an ETF filing — despite earlier turbulence.
TL;DR: As the market absorbs these new supplies, expect increased volatility and potential corrections. Smart traders will be watching volume, sentiment, and timing closely.