Many institutions and KOLs will publicly share their personal favorite currencies and target prices on social platforms. Solana, as the smart contract public chain second only to Ethereum, naturally has many supporters and bidders, most of whom share target prices ranging from US$300 to US$1,000.â
However, according to data shared by KOL Evanss6, based on current market prices, Solana will unlock $11.74 million worth of SOL tokens every day in the future.
If Solana rose to $300, it would unlock $22.44 million per day.
If Solana rose to $1,000 that would unlock $74.8 million per day.
In addition, there are about 20 million SOL locked shares belonging to investors that will be unlocked before the end of 2025, which will increase the daily emissions by an additional US$13.2-44 million at US$300 ~ US$1,000, making the total emissions Reaching US$35.6 million to US$120 million per day.
Such massive emissions seem to make a price target of $300 to $1,000 somewhat unrealistic.
However, Mert Mumtaz, CEO of Helius, Solanaâs RPC and API service platform, pointed out that Ethereumâs token emissions in the first four years were higher than Solanaâs current price, but the current currency price is still several times that of that time.
In response, Evanss6 replied:
"Oh, yes, ETFUSD fell 94% at that time. I still remember (most of them were trapped)."
It implies that even if SOL really has the ability to soar to $300~1,000 in the future, it is bound to experience a plunge.
(This article is reproduced from GT Radar with permission)
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