5 Token Unlocks to Watch Next Week

1. Space ID (ID)

Unlock Date: July 22

Tokens Unlocked: 18.49 million ID

Current Circulating Supply: 430.5 million ID

Space ID is a decentralized identity protocol that connects people, assets, and dApps across various blockchains. On July 22, Space ID will release over 18 million ID tokens allocated to the foundation, ecosystem fund, airdrop participants, and marketing.

2. AltLayer (ALT)

Unlock Date: July 25

Tokens Unlocked: 684.21 million ALT

Current Circulating Supply: 1.62 billion ALT

AltLayer, a protocol focused on blockchain scalability through Restaked Rollups, will unlock nearly 700 million ALT tokens on July 25. These tokens, designated for the treasury, investors, team, advisors, and community, represent a substantial portion of the current supply, potentially impacting the market price significantly.

3. Yield Guild Games (YGG)

Unlock Date: July 27

Tokens Unlocked: 14.08 million YGG

Current Circulating Supply: 376.25 million YGG

Yield Guild Games operates on a play-to-earn model, allowing gamers to earn cryptocurrency by participating in blockchain games. On July 27, YGG will unlock a significant portion of its tokens, which will be distributed among the community, founders, investors, and the treasury to support the guild’s growth.

4. SingularityNET (AGIX)

Unlock Date: July 28

Tokens Unlocked: 8.45 million AGIX

Current Circulating Supply: 639.66 million AGIX

SingularityNET is a decentralized platform for AI applications. On July 28, AGIX tokens will be distributed to participants in the AGIX-ADA rewards program, aimed at incentivizing community engagement and contributions to the platform's development.

5. Ethena (ENA)

Unlock Date: July 28

Tokens Unlocked: 14.89 million ENA

Current Circulating Supply: 1.7 billion ENA

Ethena, a synthetic currency protocol on Ethereum, will unlock nearly 15 million ENA tokens on July 28. These tokens are dedicated to ecosystem development and will enable holders to participate in governance.