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Large PUMP token unlock on July 12 tests Solana's liquidity amid ongoing buybacks and market volatility.

Market News
06 Jul 2026
Crypto Daily
View Source
Neutral
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On July 12, a significant unlock of PUMP tokens—ranging from about 1.9% to nearly 9% of circulating supply depending on the source—will hit the market, challenging Solana's meme liquidity which has been thin and volatile. Pump.fun has conducted over $400 million in buybacks, which may help absorb selling pressure, but the unlock's impact depends on recipient selling behavior and market conditions. Traders and token holders should monitor wallet activity, buyback flows, and liquidity closely to gauge if the market can handle the new supply without major disruptions. This event serves as a real-time test of Solana's launchpad ecosystem resilience.

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