SOLV is currently around 0.0028u. The data over the past two days has been relatively scattered, so I’m writing based on the most recent figures.

What this coin does is move assets like Bitcoin into DeFi so that your BTC can also be put to work to earn yield. It also set up a dedicated bond issuance platform for institutions and DAOs, with the goal of connecting traditional assets and on-chain finance.

On July 17, a batch will be unlocked. The amount to be released will be close to 5% of the total supply, with a value of roughly $1.0–$2.0 million USD. Although that USD figure isn’t particularly large, this percentage is already a fairly significant share for a small-cap coin. Multiple release streams are involved at the same time—covering the team, early investors, and community rewards.

This protocol can collect more than $60,000 in fees every day, which shows there’s real business activity running, not just a story being told.

However, the price still hasn’t managed to pick up. Like many small-cap coins, unlock events happen month by month, so supply pressure remains persistent.

For the short term, there’s no particularly special signal at this level. The business activity is there, but the unlock pressure is also still hanging around. I don’t recommend chasing the price. #sol $SOL