The Crypto Basic
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On April 4, 2025, a massive unlocking event will be taking place for #Solana (SOL), releasing over $200 million worth of tokens.
According to data from Akharm Intelligence, this will mark the biggest single-day unlock of staked SOL until 2028. The event involved four accounts that had initially staked their SOL in April 2021, and at current market prices, these accounts have experienced a 5.5x return on their investments.
The timing of this unlock is drawing attention, with many concerned about the potential for increased selling pressure on Solana, currently the sixth-largest crypto by market capitalization. The tokens released could flood the market, adding to an already tense atmosphere.
Breakdown of the Unlocks
The unlocking event will be substantial, with notable amounts of SOL being released into circulation. For instance, one account will see 991,079 SOL unlocked, worth around $27.32 million.
Meanwhile, another account will release 297,323 SOL tokens, valued at $7.43 million. Additionally, 74,330 SOL tokens worth $1.97 million, and 34,687 SOL tokens valued at $936,720, will be unlocked as well.
Solana Inflation
Recall, in January, artchick.eth, an anonymous crypto commentator, outlined the unlock schedule for Solana until 2028. At the time, Solana’s token inflation rate stood at 4.715%.
Over the course of the three months—from January to February—13.6 million SOL worth $1.5 billion, had to enter the circulating supply.
Still, at the time, the unlocks were anticipated to have negative consequences for the price of Solana, especially since much of this SOL was initially acquired at a lower price of $64 per token in the FTX auctions.
#CryptoNewss
According to data from Akharm Intelligence, this will mark the biggest single-day unlock of staked SOL until 2028. The event involved four accounts that had initially staked their SOL in April 2021, and at current market prices, these accounts have experienced a 5.5x return on their investments.
The timing of this unlock is drawing attention, with many concerned about the potential for increased selling pressure on Solana, currently the sixth-largest crypto by market capitalization. The tokens released could flood the market, adding to an already tense atmosphere.
Breakdown of the Unlocks
The unlocking event will be substantial, with notable amounts of SOL being released into circulation. For instance, one account will see 991,079 SOL unlocked, worth around $27.32 million.
Meanwhile, another account will release 297,323 SOL tokens, valued at $7.43 million. Additionally, 74,330 SOL tokens worth $1.97 million, and 34,687 SOL tokens valued at $936,720, will be unlocked as well.
Solana Inflation
Recall, in January, artchick.eth, an anonymous crypto commentator, outlined the unlock schedule for Solana until 2028. At the time, Solana’s token inflation rate stood at 4.715%.
Over the course of the three months—from January to February—13.6 million SOL worth $1.5 billion, had to enter the circulating supply.
Still, at the time, the unlocks were anticipated to have negative consequences for the price of Solana, especially since much of this SOL was initially acquired at a lower price of $64 per token in the FTX auctions.
#CryptoNewss
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