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Recently, there has been a lot of discussion about the SOSO token unlock. At the end of February, when 15.82 million SOSO tokens were released, it created an important moment in the market. The estimated value at that time was close to $6.35 million. Now, at the end of April, SOSO is trading at $0.42, and the floating supply is around 115 million tokens. The floating market cap is close to $48.55M.
What’s important is that SOSO isn’t just a speculative asset. It’s used for gas fees on the ValueChain Layer 1 blockchain, and trading fees on SoDEX DEXs are also covered by it. So when new supply comes into the market, the question isn’t what the price will be—it’s how strong the platform’s actual utility is.
I’ve noticed that quite a lot of users are participating in the SSI staking program, where they lock tokens and earn rewards. This immediately reduces sell pressure. At the same time, the community’s focus remains on long-term growth through Season 2 airdrops and the ambassador program.
A release of $6.35 million could be big for smaller projects, but it’s manageable for SOSO because liquidity is quite good. The order book on major exchanges like Gate.io is deep. The real question is how fast the platform’s AI research tools and the ValueChain network grow.
If SOSO’s real usage keeps increasing—gas fees, staking rewards, governance—then there will be sufficient demand to absorb the new supply. Conversely, if market sentiment weakens, it may test these price levels. For now, SOSO is down 2.85% over the past 24 hours, reflecting the mood of the broader crypto market.
The bottom line is that SOSO token unlock is a normal event, but the project’s fundamentals—TVL, daily active users, and real utility—are what matter in the long term. If the SoSoValue ecosystem continues to show solid growth, it can effectively handle the vesting schedule.