Solana Token Unlocks, Phishing Risks and 38% Breakout
Solana prepares for major token unlocks in late 2025 as Jupiter (JUP) and Kamino (KMNO) release 1.78% and 6.81% of their token supplies. Transparent unlock schedules aim to boost DeFi liquidity with minimal surprises, while past cycles show that buyback programs and institutional inflows often offset selling pressure. Security researchers introduce SolPhishHunter, a system that has identified over 8,000 phishing incidents targeting the Solana network, providing a dedicated dataset to help exchanges, wallets and developers strengthen defenses. On the technical analysis front, the SOL/USDT four-hour chart forms an ascending triangle, testing resistance near $200 with higher lows and rising volume. A confirmed breakout could drive Solana toward a 38% gain to $272.47, though traders should watch for a bullish MACD crossover and an RSI rebound above 55 to validate the move.
Bullish
The transparent token unlock schedules for Jupiter and Kamino reduce surprise sell-pressure, and historical post-unlock behavior shows recoveries supported by buybacks and institutional inflows. The SolPhishHunter study enhances ecosystem confidence by cataloging over 8,000 phishing incidents and aiding defensive measures. Technically, SOL/USDT is compressing into an ascending triangle with higher lows, rising volume, and a key resistance at $200. A confirmed breakout projects a 38% upside to $272.47. Although the MACD indicates a temporary cooldown and the RSI sits in neutral territory, both have previously rebounded to sustain bullish momentum. Combined, these factors suggest a bullish outlook for Solana in both the short term (breakout) and longer-term market growth.