• Solana is set to unlock over $200 million worth of tokens on April 4, 2025, marking its largest single-day release until 2028.
• This event could lead to increased selling pressure, with key price levels at risk as SOL faces potential market volatility.

On April 4, 2025, Solana (SOL) will experience one of its most significant events in recent history: the unlocking of over $200 million worth of tokens. This massive release, which involves tokens staked in April 2021, is expected to draw significant attention from the crypto community. According to data from Akharm Intelligence, this event will be the largest single-day unlock of Solana tokens until 2028, signaling major shifts in the market.

The Breakdown: A Massive Release

This unlocking event is set to flood the market with substantial amounts of SOL. For example, one account will release 991,079 SOL tokens, worth around $27.32 million. Another account will unlock 297,323 SOL, valued at $7.43 million. Additionally, smaller unlocks will release 74,330 SOL ($1.97 million) and 34,687 SOL ($936,720). With such a significant volume entering circulation, many are concerned about the potential selling pressure on Solana’s price, especially as it continues to hold the position of the sixth-largest cryptocurrency by market capitalization.

The Timing of the Unlock: Market Reactions

The timing of the unlock has many analysts on edge. Some believe that the market could experience an influx of selling activity, leading to downward pressure on Solana’s price. After all, these tokens were initially acquired at much lower prices, meaning many of these holders have already seen substantial returns on their investments. Solana inflation rate, currently at 4.715%, has already been under scrutiny, and with billions of dollars in SOL entering circulation, the pressure on prices could intensify.

Price Levels to Watch

As Solana braces for this unlock, traders and analysts are closely monitoring key support levels. Currently, SOL is trading around $114.35, hovering near a critical Fibonacci support zone between $100 and $115. This range has historically acted as a strong support level, making it a key area for potential accumulation. However, if this support fails, the next significant range to watch is between $50 and $72, which could act as another level of support for the token.

Ultimately, SOL’s ability to maintain a position above $100 will be pivotal. A break above $186 could signal the start of a new bullish phase, while failure to hold support could lead to a period of downward price action. Investors and traders will need to stay vigilant as this unlock event unfolds and the market reacts to the changes in Solana’s circulating supply.