The valuation of $SOL has already sunk below the historical floor; there’s still a long runway of space left to chew through before reaching the previous peak. The tradable float has been released long ago, with everything already largely played out, and there will be no more massive unlocks from above to dump and pressure the market. The market cap is comfortably sitting in the top-tier camp—talking about “risk” at this valuation level means you haven’t woken up. Order-flow shows that proactive buyers are taking the lead in pinning sell orders to the ground and grinding them down; the hands buying for a bottom are far more aggressive than those trying to run for their lives.