SOL/BTC Ratio Suffers in the Wake of $200 Million in Token Unlocks

The metric is at its lowest level since 2023, driven by multiple token unlock events and a fading memecoin market. The Solana-to-Bitcoin price ratio (SOL/BTC) continues to struggle in 2025 as the token faces hundreds of millions in venture capital investor unlocks, while the collapse of the memecoin market has burned holder sentiment. SOL/BTC is down to .0014, its lowest level since Dec. 2023, shortly before the token ratio skyrocketed towards .003 in March, the highest since 2022. The ratio is down 53% over the last year, and 44% since January. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io