Upcoming Unlock Events Mar 01 $1.42B (11.2M SOL) 2.24%
Apr 01 in 32 days $1.62M ----- 12.7K SOL ----0.025%
May 01 in 62 days $9.39M ---- 73.7K SOL ---- 0.01%
Allocations Community Reserve 40.8% Team 13.4% Seed Round Investors 13.3% Solana Foundation 11% Founding Sale 9.8% Validator Sale 5.4% FTX Estate 2.5% Strategic Sale 2% Coinlist Auction Sale 1.7%
As of February 27, 2025, Solana (SOL) has a total supply of approximately 592.53 million tokens, with 97.52% already in circulation.
A significant token unlock is scheduled for March 1, 2025, releasing 11.2 million SOL tokens, valued at around $2.07 billion. This release accounts for 2.29% of the total supply and includes tokens from the FTX Estate and a separate foundation sale.
Following this, smaller unlocks are planned:
April 1, 2025: 12.7K SOL tokens (approximately $2.35 million)
May 1, 2025: 73.7K SOL tokens (approximately $13.65 million)
These subsequent releases are relatively minor compared to the March unlock.
The upcoming March unlock is expected to introduce increased volatility in the SOL market, as traders anticipate potential price fluctuations due to the influx of new tokens.
For a comprehensive view of Solana's token unlock schedule and vesting details, you can refer to Messari's Solana Token Unlocks
Please note that token unlock events can impact market dynamics, and it's advisable to stay informed and exercise caution when making investment decisions.
The Securities and Exchange Commission issued long sought after guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.
Meme coins ātypically have limited or no use or functionalityā and are āmore akin to collectibles,ā according to the agencyās Division of Corporation Finance.
āIt is the Divisionās view that transactions in the types of meme coins described in this statement do not involve the offer and sale of securities under the federal securities laws,ā the statement says. āPersons who participate in the offer and sale of meme coins do not need to register their transactions with the Commission. ... Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws.ā
It also said āa meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of āsecurityā because, among other things, it does not generate a yield or convey rights to future income, profits, or assets of a business. In other words, a meme coin is not itself a security.ā
The clarification comes after the latest rapid rise of such cryptocurrencies following the election of President Donald Trump, as well as their crash in recent weeks. Itās also another notch in the belt of the new administration, which has promised to create clearer and perhaps more favorable regulatory conditions for the crypto industry, and to do so swiftly.
āThe SECās recent statement on meme coins is the clarity that the digital asset space has been demanding for years,ā said Ishmael Green, a crypto attorney and partner at the law firm Diaz Reus. āThis will drive continued investment in the U.S. crypto space, as the vast majority of meme coins launched in the last 12 months with multibillion dollar market caps have been released on Solana, an American blockchain.
$SOL after slight dip this morning.. its again pumping. i see similar trends across others like bnb, btc, doge, xrp as well.. so it might go to 220. if it breaks resistance at 200. otherwise it will stay around 175-185.
As of February 8, 2025, Bitcoin (BTC) is trading at approximately $96,095, reflecting a 1.7% decrease from the previous close, with an intraday high of $100,186 and a low of $95,670. XRP is priced at around $2.41, with an intraday high of $2.53 and a low of $2.35.
Bitcoin (BTC) Analysis:
Recent data indicates that Bitcoin experienced a 2.3% increase, reaching $100,097, following a jobs report that revealed a sharper-than-expected hiring slowdown. This uptick comes after declines linked to policy uncertainties, particularly concerning tariffs.
Technical analysis suggests that Bitcoin faces resistance around the $100,000 mark, with support identified near $95,000. A decisive move above $100,000 could pave the way for further gains, while a drop below $95,000 might signal additional downward pressure.
XRP Analysis:
XRP has demonstrated notable volatility, with a recent 6.7% increase to $2.50, though it remains below its mid-January high of $3.40.
Technical indicators show that XRP is encountering selling pressure, struggling to maintain levels above critical support. The formation of lower highs near $2.71 and bearish candles around $2.50 suggest potential further declines if support levels are breached.
Market Outlook:
Both #Bitcoin and #XRP are influenced by macroeconomic factors, including employment data and policy decisions. Investors should monitor these developments, as they can significantly impact cryptocurrency valuations.
In summary, while Bitcoin is testing key resistance levels, XRP faces challenges in sustaining its upward momentum. Market participants are advised to stay vigilant and consider both technical indicators and broader economic factors when making investment decisions.
#LTC come on guys. Grayscale has applied for li litecoin ETF. so go ahead And buy it not much better at least maybe some 10 ltc or less and I think it will be bullish today