Solana: 1.8M SOL unstaked, price remains stable

An unknown wallet unstaked 1.8M SOL ($163M) and distributed them, but SOL’s price held steady near $90, sparking debate about the tokens’ fate.

On March 21, 2026, a notable event occurred on the Solana network when an unidentified wallet unstaked about 1.8 million SOL, valued at roughly $163 million. These tokens, previously used to help secure the network, were distributed across multiple addresses, leading to speculation about a potential large-scale sale and its possible impact on SOL’s price. Despite the significant amount of SOL unstaked, the price remained stable around $90, showing no major decline. This stability surprised many market observers, as such large movements typically increase circulating supply and can put downward pressure on prices. Analysts continue to debate whether the tokens were sent to exchanges for sale or simply redistributed. The event has placed Solana in the spotlight, with the market closely watching the fate of these tokens and their potential effect on SOL’s price.