đš #Solana Hits $137B Market Cap... But Is $SOL Price Behind the Curve?
đ Market Cap Soars
Solanaâs market cap just broke into all-time high territory: $137 billion, as SOL reclaimed $250 for the first time since Q1. But hereâs the twist... price is still about 15% below its last peak.
đĄ Unlocks & Supply Pressure Ease
Most of SOLâs big unlocks are done. Roughly 89% of total supply is liquid already. The big chunk tied to FTX got cleared earlier this year. Now unlocks are tiny, like ~12.7k SOL/month. Thatâs a huge relief.
đ Staking & Fundamentals Lean Bullish
67% of SOLâs total supply is locked in staking nearly record highs. Inflation is around 4.279% and tapering. Demand on order books looks strong. All this builds a structure that favors upside even if price lags for now.
â ïž Overvalued or Underrated?
Some say âstretched marketâ cap is twice what it was mid-January, and price hasnât fully caught up. Others argue SOLâs fundamentals support this valuation. Either way, the divergence between price and metrics is getting pretty interesting.
đ Itâs like Solana threw a party and its value hit the roof, but the price is still waiting in the lobby.
What do you think about this?