SOLV is currently around 0.0028u. The data over the past two days has been fairly scattered, so I’ll write based on the most recent numbers.

This coin is about moving assets like Bitcoin into DeFi so that your BTC can also be invested for yield. It also built a dedicated bond issuance platform for institutions and DAOs. The direction is to connect traditional assets and on-chain finance.

On July 17, a batch will be unlocked, and the amount to be released will account for nearly 5% of the total supply. The value is roughly a bit over $1 million. Although the USD amount isn’t large, this percentage is already a fairly big portion for a small-cap coin. It involves multiple areas being released together: the team, early investors, and community rewards.

The protocol collects more than $60,000 in fees every day, which indicates there’s real business volume running—not just a pure story.

But the price hasn’t been able to move up, and like many small-cap coins, the unlocking happens every month. Supply pressure remains ongoing.

For the short term, there aren’t any special signals at this level. Yes, the required business volume is there, but the unlocking pressure has also been hanging over it the whole time. I don’t recommend chasing the price #sol $SOL