Solana Token Unlocks Set to Flood Market with $100 Million in September
Solana token holders are bracing for a significant influx of tokens this September, with roughly $100 million worth set to hit the market. The largest unlock event is that of Official Trump token ($TRUMP), which will release 28.271 million tokens valued at approximately $60.25 million through linear vesting.
This represents 10.35% of $TRUMP's circulating supply and 2.71% of its total supply. A second notable unlock belongs to Pump.fun ($PUMP), scheduled to release 6.875 billion tokens during September, estimated at around $28.8 million.
The third significant unlock is that of Collector Crypt ($CARDS), which will release 59.26 million tokens on September 29, valued at $10.16 million. Unlike the other two unlocks, this one comes paired with a token buyback and burn to coincide with the release.