NAIROBI (CoinChapter.com)— The cryptocurrency market is gearing up for one of its largest coordinated token unlock events, scheduled between Dec. 30 and Jan. 5, 2025. The combined value of these token unlocks surpasses $832 million, with Sui (SUI) and Worldcoin (WLD) leading the pack in cliff and linear unlocks, respectively.
Sui Dominates Cliff Unlocks
Sui (SUI) heads the large cliff unlocks with a release of 64.19 million tokens, valued at $263.20 million. This event will expand SUI’s circulating supply by 2.19%. As a layer-1 blockchain platform, Sui’s token unlock marks a crucial step in its roadmap for 2025, potentially impacting market dynamics.
Upcoming token unlocks: SUI, OP, DYDX, and more. Source: Tokenomist
Optimism (OP) follows with 31.34 million tokens worth $58.30 million, representing 2.32% of its circulating supply. ZetaChain (ZETA) will release 53.89 million tokens valued at $31.45 million, increasing its supply by 9.35%. Kaspa (KAS), while releasing a larger volume at 182.23 million tokens, only adds $21.51 million to the market, reflecting 0.72% of its total supply.
In the artificial intelligence sector, AI Token (AI) will unlock 23.21 million tokens valued at $14.19 million. This increase represents a 17.85% surge in circulating supply, underscoring the growing prominence of AI-focused cryptocurrencies.
Other notable cliff unlocks include dYdX (DYDX) with $12.83 million (1.17% of supply), Elrond (ENA) at $12.26 million (0.44% of supply), and Project AGI (AGI) releasing $10.88 million (5.72% of supply).
Worldcoin Maintains Linear Unlock Leadership
Worldcoin (WLD) continues its lead in linear unlocks, with 37.23 million tokens valued at $80.41 million set for release. This represents 4.48% of its circulating supply, highlighting the project’s ongoing token distribution strategy.
SUI tops upcoming unlocks at $254.85M. Source: Tokenomist
Solana (SOL) will also release 465,770 tokens worth $88.45 million, albeit contributing just 0.10% to its supply. Other layer-1 blockchains, such as Avalanche (AVAX) and NEAR Protocol (NEAR), will unlock $25.61 million (0.17% of supply) and $15.87 million (0.24% of supply), respectively.
TIA Protocol (TIA) and Dogecoin (DOGE) plan token releases valued at $34.45 million (1.49% of supply) and $30.09 million (0.06% of supply). Polkadot (DOT) will add $19.69 million (0.18% of supply), while Filecoin (FIL) schedules $11.39 million in token unlocks.
Fan and Gaming Tokens Expand Supply
Fan tokens and gaming-related cryptocurrencies also see notable activity during this unlock period. Game Meteor Coin (GMTO) will unlock 25.1 billion tokens worth $12.38 million, representing 25.10% of its locked supply. Despite a 6.75% price drop in the last 24 hours, the project has completed 74% of its unlock schedule.
Fan tokens scheduled to be unlocked this week. Source. Coinmarketcap
Fan tokens from major football clubs, including Juventus (JUV), FC Barcelona (BAR), and Atletico Madrid (ATM), are also slated for release. JUV will unlock $334,102 in tokens, BAR $928,664, and ATM $288,377, adding incremental supply to their respective markets.
