Can Solana’s strong network demand offset July’s token unlock pressure?
On paper, Solana’s [SOL] July token unlock calendar couldn’t look more bearish. At the macro level, the market is already in a bear phase, with large-cap assets breaking below key support levels and kicking off Q3 with clear capitulation signals. Against that backdrop, Solana’s latest token unlock schedule couldn’t have arrived at a worse time, coming right after SOL closed June down more than 10%.