Solana will release 2 billion dollars worth of tokens on March 1st — this is a big deal for the market!
There is a significant event coming for SOL on March 1, 2025, when 11.2 million SOL, approximately 2.06 billion dollars, will be unlocked. This comes after the backdrop of having already sold 52.2 million SOL following the collapse of FTX, making it the largest supply shock in SOL's history.
Why is this event so critical?
Increased selling pressure — hedge funds and early investors hold a large amount of unrealized money and are likely to want to take this opportunity to sell some shares for cash.
Pre-event actions — big players often like to make moves before significant events, so traders are considering that selling pressure may begin before March 1.
Key price levels to watch — if the price of SOL drops below 175 dollars, the next levels to watch are 165 dollars and 150 dollars, which could potentially trigger a series of forced liquidations.
What impact does this have on the market?
Players in the market will be unsettled by this unlocking event in the short term.
Traders need to keep a close eye on trading volume and the movements of large holders to see if there are any signs of early exits.
If SOL does not return to above 180 dollars, the bearish sentiment may intensify.
Although Solana's ecosystem is still quite impressive, this unlocking presents a major test for liquidity and market stability. Traders need to be cautious, as this level of unlocking could lead to significant price fluctuations.
Stay updated with the latest news and don’t fall behind. The market is watching closely!
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