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SOLV is now around 0.0028u. The data from these past two days has been more scattered, so I’m writing based on the most recent figures.
This coin aims to move assets like Bitcoin into DeFi so that your BTC can also be used for wealth management to earn yield. It has 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 being released will be nearly 5% of the total supply, with a value of roughly $1.1M+ (a little over $1 million). Although the USD amount isn’t that large, for a small-cap coin, this percentage already represents a fairly significant share. Multiple categories are being released together—covering the team, early investors, and community rewards.
This protocol can collect more than $60,000 in fees every day, indicating real business activity is running—not just telling a story.
But the price still can’t really get going. Like many small-cap coins, the unlocking happens on a monthly basis, so ongoing supply pressure remains.
In the short term, there isn’t any particularly strong signal at this level. The business activity is there, but the unlocking pressure is also hanging over the market continuously, so I don’t recommend chasing. #直通IPO第二期JerseyMikes $SOL