Solana Faces $59M Token Unlock – Will It Impact the Price?$486 million worth of tokens to be unlocked between March 17-24, with Solana leading at $59 million. Despite potential selling pressure, historical data suggests limited impact on Solana's market. Major assets like ZKJ, QAI, and FTN are also set to unlock, but market expectations may mitigate immediate price impacts. Solana faces resistance and a bearish trend, with its ability to handle unlocks historically attributed to strong liquidity. However, current market conditions may pose challenges.
Moon5labs·2025-03-17 23:29