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HomeCrypto NewsMarketSolana Unlocks Worth $200M Expected on April 4: Here's What it Means

Solana Unlocks Worth $200M Expected on April 4: Here’s What it Means

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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. 

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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%. 

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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.

Key Solana Price Levels to Watch

Amid the ongoing token unlocks, technical analysts are still monitoring Solana’s price movements. According to Crypto Patel, SOL is currently trading at $114.35, sitting near a critical Fibonacci support zone between $100 and $115. Historically, this range has proven to be a strong level of support, providing an opportunity for early accumulation.

Solana 1W Chart Crypto Patel
Solana 1W Chart | Crypto Patel

If this support fails to hold, the next significant level of support is in the $50 to $72 range, marked as Support 2. This range has triggered substantial rallies in the past, including a massive 2,100% increase in 2020-2021. 

Analysts are now watching closely to see if SOL can maintain its position above $100, as a breakout above $186 could signal the beginning of another bullish phase.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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