Panshibi (SHIBI) Explodes as Solana (SOL) Price Drops Ahead of Token Unlock Event

Analysts believe competition is a major driver of market volatility and exponential growth, amongst other key market patterns.

Analysts have recognized a few key market patterns, including competition being a major driver of market volatility and exponential growth. With a new project like Panshibi (SHIBI) now vying for attention and capital against Solana, investors expect a handover of sorts. In this case, experts believe capital is pivoting from SOL to the new SHIBI meme coin amid recent price woes on the former.

Panshibi has been tipped to deliver 100x gains this year, while SOL’s price drops have left investors stranded. This article examines factors contributing to Solana’s price decline and explains why Panshibi is catching the eye of these SOL holders.

Solana Price Performance Analysis

Judging by recent Solana price action, token holders are certainly in for a bumpy ride. Market analysts have recognized this from the charts and warned that the token’s price could decline further in the coming weeks. These experts have identified an impending $11.2 billion token unlock in March, which is set to flood the market and propel prices to as low as $120. Investors are worried that this plunge will mark a steep decline from the current price level.

There has also been a drop in blockchain activity since the Argentina scandal involving a rug-pull scam called LIBRA. This chaos has affected investors’ trust, with major investors selling off their holdings.

In a latest twist, wallets holding more than 100 SOL dipped by 2.24% in two weeks. Recurrent network outages have also triggered a continued drop in interest from Solana investors. These market performance factors explain the growing bearish sentiments around the token. Certain market experts even expect a test of $130 to $135 soon, with $110 not far off if support fails to hold.

However, as Coinpedia reported, Franklin Templeton’s ETF filing has given a glimmer of hope. In the short term, Solana’s price prediction remains unpromising. The Block reports a fall in active addresses from 5.7 million to 3.49 million, a sign of waning investor interest.

Despite these drawbacks, some bulls hold on for a potential $200 rebound if resistance at $180 gives way. Yet, most indicators, like an oversold RSI (Relative strength index) of 30.48, signal further decline ahead.

Enters Panshibi (SHIBI) With All the Hopes Solana Holders Seek in 2025

Panshibi (SHIBI) is taking over the meme coin market, and the reason for this exponential growth is apparent. This panda-themed coin combines Asia’s crypto hype, love for pandas, DeFi utilities, and meme coin fun, building a community of pandas and profits lovers. Currently in its Stage 4 presale at just $0.005 per token, Panshibi has already raised over $1.15 million and is off to a great start.

Market experts have tipped this breakout sensation to record a 1,200% surge before launch and another astronomical 145,000% after it lists on Uniswap and other major centralized exchanges. Such growth will mark a giant leap and set $SHIBI as a standout project in the $115 billion meme coin sector.

Meanwhile, Panshibi has checked various boxes for major investors, including a successful, thorough smart contract audit by Coinsult for security assurance, the liquidity pool being fully locked for 10 years, and team tokens being locked for 2 years for long-term stability. This plan affirms investors’ trust in the project, unlike the recent events with Solana.

Moreover, Panshibi presents three DeFi utilities to its holders with Social-Fi and AI elements, enabling token holders to take on fun quests for rewards, earn up to 1,200% APY when they stake their tokens, and enjoy VIP access to the Bamboo Private Club.

The Panshibi presale target is $10 million, and 1.2 billion tokens are up for grabs. This limited supply explains why investors are scrambling to accumulate as many SHIBI tokens as they can before the price increases, with less than 28 days remaining for the presale.