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Solana's July token unlocks add supply but strong activity may keep SOL outperforming.

Protocol Fundamentals
01 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

In July, Solana will see a significant token unlock, adding near-term supply pressure with $123.65 million worth of PUMP tokens alone entering circulation. Typically, such unlocks could weigh on prices due to increased sell pressure, especially amid a bearish market. However, Solana's relative strength, shown by its SOL/ETH pair rising over 13% in June, suggests the market is already factoring in this supply. Strong on-chain activity, including high transaction volumes and user engagement, supports the ecosystem's ability to absorb new tokens. This combination may allow SOL to continue outperforming other altcoins despite broader market weakness.

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