Solana will face a significant liquidity event, with 1.12 million SOL Tokens being unlocked at that time. This is part of Solana's plan to more broadly release over 15 million SOL worth $7 billion before April. Institutional holders like Galaxy Digital and Pantera Capital may achieve substantial gains, which has raised concerns of dumping amidst recent market fluctuations and a 30% price fall over the past month. Despite the negative sentiment in the market, some analysts emphasize that Solana's strong volume and upcoming upgrades are potential stabilizing factors.

SOL-5.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)