TL;DR
This week, token unlocks in the crypto ecosystem will exceed $980 million, distributed across networks and protocols with different release models.
Sui (SUI) leads cliff unlocks with $213.77 million in tokens, while Solana dominates linear releases by unlocking $131.69 million in assets.
In addition to the most recognized projects, several smaller-cap initiatives will execute unlocks that could significantly impact their market dynamics.
This week, the crypto ecosystem will witness one of the largest token unlock events in months, with a total exceeding $980 million across various networks and protocols. The unlocks, divided between cliff and linear models, could significantly affect market dynamics in the coming days.
Sui Leads the Unlocks
The Sui (SUI) protocol leads cliff unlocks with 64.19 million tokens released, valued at $213.77 million, representing 2.26% of its circulating supply. This event marks the start of a crucial week for several projects, such as Optimism (OP), which will unlock 31.34 million tokens worth $67.38 million, and ImmutableX (IMX), which will release 24.52 million tokens valued at $41.92 million. Other projects, including ZETA, 1INCH, and ADA, will also participate, with unlocks ranging from 0.10% to 10.41% of their circulating supplies.
Solana Releases 524K Tokens
In terms of linear unlocks, Solana (SOL) takes the lead with the release of 524,000 tokens valued at $131.69 million, representing a modest 0.11% of its supply. It is followed by Worldcoin (WLD), unlocking 37.23 million tokens worth $94.55 million, and TIA, which will release 6.99 million tokens valued at $52.90 million. Projects such as Dogecoin (DOGE), Avalanche (AVAX), and Polkadot (DOT) will also participate, with values ranging between $17.19 million and $39.81 million.
In addition to the more well-known projects, several smaller-cap tokens will also execute unlocks. For example, RWA Inc. will release 135.5 million tokens, accounting for 13.55% of its locked supply, while Aurory and Step App will follow a similar path.
These events highlight the diversity of unlock structures within the crypto industry, ranging from those that affect a small fraction of the supply to those with larger impacts. The market will closely monitor the effects of these unlocks in the coming days.