The Solana unlock event from April 2025 is taking place today, with Crypto investors taking the advantage as four major accounts are expected to be released to a market that costs over $200 million. The event, which will be held on April 4th, is the biggest day unlock for Sol, which was piled up until 2028, already raising potential concerns about market volatility and security risks among traders and investors.
Sollock unlocking tomorrow for $200 million
Tomorrow (April 4th) is unlocked for the biggest day of the silly sol until 2028.
These four accounts bet a total of $37.7 million in SOL in April 2021, up 5.5 times at current prices. pic.twitter.com/qvkfwxygh9
– Arkham (@arkham) April 3, 2025
Solana’s $2 million unlock makes sense for market volatility and your portfolio
The four accounts initially bet these tokens in April 2021, and have seen a return of about 5.5 times on investments at current market prices. Many traders and investors are paying attention to the event as increased sales pressure could affect Sol’s position as the sixth largest cryptocurrency due to market capitalization.
Disassembles the unlock event
Unlocking Solana includes several important accounts that release different amounts of Sol Tokens in a circular manner. One account unlocks SOL (approximately $27.32 million), another unlocks SOL ($7.43 million compatibility), the third unlocks SOL ($197 million), and the fourth unlocks SOL ($936,720).
The stakers deposited these tokens about four years ago, but their release comes when Sol is trading at around $114-115, representing a fairly substantial profit for the original stakers.
Historical background and market impact
Solana’s market volatility has also become a continuing concern at previous unlock events. In January, an anonymous crypto commentator known as artchick.eth outlined Solana’s unlock schedule until 2028.
Between January and February 2025, the market added roughly $15.6 million in Sol tokens to approximately $1.5 billion worth of supply. Investors acquired many of these tokens during the FTX auction at much lower prices and bought them for around $64 per token.
Technical analysis and support level
Sol is trading for around $114.35 near the key Fibonacci support zone, ranging from $100 to $115. This price range has historically served as a strong support. It provides potentially early accumulation opportunities.
However, if this support is not retained, the next important support level will be between $50 and $72 (identified as Support 2). Previous rebounds from this range have led to significant gatherings, including a significant increase of 2,100% between 2020 and 2021.
Analysts have also identified a significant resistance level of $186. Despite current unlock concerns expressed by many traders, a successful breakout that crosses this threshold could mark the beginning of another bullish phase in SOL.
Potential risks and investor considerations
Solana’s security risks continue to be considered by investors beyond the unlock event. While networks have made significant advances in addressing past stability issues, the concentration of tokens across a relatively small number of accounts continues to raise concerns about decentralization.
The likelihood of a sale should also be assessed against a wider market situation. The cryptocurrency market has been increasing in volatility in recent weeks as Bitcoin and other major assets have seen significant price fluctuations almost every day.
Looking beyond unlocking
Today’s unlock represents a key event on Solana’s roadmap, but long-term holders watch how quickly these tokens move into exchanges. Not all unlocked tokens will always be sold immediately, as some stakeholders may continue to hold their positions.
The $200 million figure accounts for around 0.4% of Solana’s current market capitalization, limiting the potential market impact compared to the large unlocking events seen in other cryptocurrencies.
A Cincodex analyst also said:
Solana is projected to begin the second quarter of this year, with the potential increase rising to $134.79, marking a 16.86% change compared to current prices. Sol trades between $122.47 at the bottom and $134.79 at the high end, generating an average price of $129.10.
(TagStoTRASSLATE)Price analysis (T)SOL (T)Solana
