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The community shouts that SOL will reach 1,000 MATIC! KOL: Can we withstand the daily selling pressure of 100 million MATIC?

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Many institutions and KOLs publicly share their preferred cryptocurrencies and target prices on community platforms. As Solana is the smart contract public chain second only to Ethereum, it naturally has many supporters and promoters, with most sharing target prices ranging from $300 to $1,000.

However, according to data shared by KOL Evanss6, based on the current market price, Solana will unlock $11.74 million worth of SOL tokens daily in the future.

If Solana rises to $300, it will unlock $22.44 million daily.
If Solana rises to $1,000, it will unlock $74.80 million daily.
Additionally, about 20 million SOL tokens belonging to investors will be unlocked before the end of 2025, which will further increase the daily emission by $13.20 million to $44 million under the $300 to $1,000 scenario, bringing the total emission to $35.60 million to $120 million per day.

Such a large-scale emission seems to make the target prices of $300 to $1,000 somewhat unrealistic.

However, Mert Mumtaz, CEO of Solana's RPC and API service platform Helius, pointed out that Ethereum's token emission in its first four years was even higher than Solana's current levels, yet the coin price is still several times higher than it was at that time.

In response, Evanss6 replied:

"Oh right, back then ETFUSD dropped 94%, I still remember (most were stuck)."

Implying that even if SOL has the potential to soar to $300 to $1,000 in the future, it will inevitably experience a significant drop.

About GT Radar

GT Radar focuses on building a long-term, robust quantitative investment portfolio, with over 10 years of experience in stock and cryptocurrency quantitative trading. The trading system integrates over 150 strategies, aiming to provide high adaptability and flexibility, ensuring profits are obtained from the market in the most robust manner.

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