FTX’s Strategic SOL Unstaking: Market Impact and Solana’s Resilience

In a significant move amid a surging crypto market, FTX has unstaked 189,851 SOL (worth approximately $30.94 million), testing Solana's resilience. This action follows FTX's pattern of periodic liquidations to address creditor repayments, with past unstaking events leading to price declines ranging from 3% to 19%. The timing is particularly noteworthy as SOL has recently rallied 5-8%, coinciding with Bitcoin's record-breaking peak of $118K. Market observers are closely monitoring the potential impact of FTX's continued unstaking on Solana's price trajectory and overall market sentiment.

FTX Unstakes $30.9 Million in SOL Amid Market Rally, Solana Resilience Tested

Solana faces renewed scrutiny as FTX unstakes 189,851 SOL ($30.94 million) during a broader crypto market surge. The move follows the exchange's pattern of periodic liquidations to repay creditors, with previous unstaking events triggering price declines of 3-19%.

Market observers note the timing creates a tension point: SOL has rallied 5-8% alongside Bitcoin's record-breaking $118K peak, but FTX's continued divestment introduces potential selling pressure. The exchange's March 2025 liquidation of 3.03 million SOL ($431 million) previously catalyzed a 19% price drop—Solana's steepest since November 2023.

Technical analysts highlight SOL's ability to absorb recent smaller unstakings (187,625 SOL in May, 188,000 SOL in June) with only 3-5% dips. The token's performance today suggests markets may be pricing in the gradual liquidation schedule, though macroeconomic Optimism continues to buoy altcoins.

Why XRP Investors Are Choosing Safer Storage in 2025

The year 2025 marks a pivotal moment for XRP as regulatory clarity in the U.S. transforms its trajectory. Once a contentious asset, XRP now commands attention from Congress to the WHITE House, signaling its evolution into a credible digital asset. Institutional and retail investors are returning, but with adoption comes heightened security concerns.

Traditional custody methods—buying on exchanges and transferring to self-custody wallets—are increasingly seen as risky. Centralized platforms, while convenient, expose holders to withdrawal freezes, operational halts, and existential threats like hacks or insolvency. The collapses of FTX, Celsius, and BlockFi serve as stark reminders: even reputable exchanges are vulnerable.

XRP’s resurgence is undeniable, but its community is prioritizing asset protection. The shift toward secure storage solutions reflects a maturing market—one where credibility and safety are no longer optional.