Solana tokens are pumping this week, but headline market caps only tell part of the story. Mcap/FDV ratio and insider ownership reveals further insights into this. 1. Mc/FDV = market cap vs. fully diluted value → Low = small float, big dilution ahead → High = more supply live, less dilution risk 2. Insider Allocation = how much supply is held by team/private investors → Higher = more price influence, centralized governance Let’s break down key Solana tokens 👇
1/ Breakdown of Solana Tokens | Mc/FDV vs Insider Domination: $TRUMP : Mc/FDV : 0.20, Insider Allocation : 100% $KMNO : Mc/FDV: 0.21, Insider Allocation : 64% $GRASS : Mc/FDV: 0.29, Insider Allocation: 63.81% $DRIFT : Mc/FDV: 0.31, Insider Allocation: 55.7% $LAYER : Mc/FDV: 0.21, Insider Allocation: 45% $JITO : Mc/FDV: 0.34, Insider Allocation: 35.3%
2/ Solana Tokens | Mc/FDV vs Insider Domination vs Locked Supply: $TRUMP FDV: $9.34B | Mc/FDV: 0.20 | Insider: 100% | Locked: 72.95% • Full insider ownership. Just 20% of FDV is live. • $6.8B of tokens are still locked and insider-controlled. • Extreme dilution and price pressure risk when unlocks begin.
3/ $KMNO FDV: $673M | Mc/FDV: 0.21 | Insider: 64% | Locked: 78.8% • Low float and high insider share. • 64% insider control = ~$327M. • Nearly 80% of supply is still locked — dilution is coming.
4/ $GRASS FDV: $1.37B | Mc/FDV: 0.29 | Insider: 63.8% | Locked: 71.4% • Moderate Mc/FDV, but still highly insider-held. • $645M+ of tokens in team/investor hands. • Cliff unlocks ahead could increase sell pressure.
5/ $DRIFT FDV: $430.5M | Mc/FDV: 0.31 | Insider: 55.7% | Locked: 76% • More balanced. • Mc/FDV at 0.31 shows healthier float. • Still over half the supply is insider-held, but less top-heavy than peers.
6/ $LAYER FDV: $627M | Mc/FDV: 0.21 | Insider: 45% | Locked: 75% Low Mc/FDV signals dilution ahead. 45% insider share (~$213M) could sway governance or markets post-unlock.
7/ $JITO FDV: $2.29B | Mc/FDV: 0.34 | Insider: 35.3% | Locked: 56.5% Most mature tokenomics in the group. Highest Mc/FDV = most supply live. Low insider control = better decentralization. Circulation already approaching equilibrium.
8/ Summary: • High dilution risk → $TRUMP, $KMNO, $LAYER • High insider control → $TRUMP, $KMNO, $GRASS • Healthiest tokenomics → $JITO (float, decentralization) • Early but balanced → $DRIFT
9/ If you’re trading or building in Solana, watch: → Mc/FDV for float pressure → Insider control for governance & sell risk → Locked supply for timing unlocks Tokenomics = structure. Don’t just chase caps.
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Solana tokens are pumping this week, but headline market caps only tell part of the story. Mcap/FDV ratio and insider ownership reveals further insights into this. 1. Mc/FDV = market cap vs. fully diluted value → Low = small float, big dilution ahead → High = more supply live, less dilution risk 2. Insider Allocation = how much supply is held by team/private investors → Higher = more price influence, centralized governance Let’s break down key Solana tokens 👇
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