According to data from Tokenomist, the crypto market is preparing to face major token unlocking events in the next 7 days. The total unlocking value is predicted to exceed $1.14 billion, including both cliff and linear unlocks across various tokens.

Major cliff unlocks

Cliff unlocking is when a large amount of tokens is released all at once. Notable tokens in this round include JTO, NEON, ADA, TAIKO, BANANA, ENA, and AGI. Some highlights:

  • JTO: Leading the list with an unlocking amount of 137.44 million tokens, worth $507.14 million, equivalent to 104.32% of total circulating supply. This is a significant event that could greatly impact the market.

  • NEON: Unlocking 53.91 million tokens, worth $24.01 million, accounting for 44.92% of circulating supply.

  • ADA: With 18.53 million tokens unlocked, worth $21.31 million, it only accounts for 0.05% of circulating supply.

  • TAIKO and BANANA: Moderate unlocks at 9.29 million tokens ($20.25 million) and 250,000 tokens ($16.66 million), respectively.

Major linear unlocks

Linear unlocking is when tokens are released gradually over a period of time. Notable tokens in this round include SOL, WLD, TIA, TAO, DOGE, and many others. Key points:

  • SOL: The largest unlocking event with 524.03 million tokens worth $123.34 million, accounting for 0.11% of circulating supply.

  • WLD: Unlocking 37.23 million tokens, worth $124.71 million, accounting for 5.16% of circulating supply.

  • TIA and TAO: Unlocking 6.99 million tokens ($55.42 million) and 50.40 million tokens ($31.87 million), respectively.

  • DOGE and AVAX: Although they account for a small percentage of circulating supply — 0.06% for DOGE and 0.17% for AVAX — the unlocking values are still significant at $42.91 million and $31.75 million.

Source: Tokenomist/WuBlockchain

Wider impact on the market

These significant unlocks could affect the market movements of related tokens, including liquidity, pricing, and trading volume. Investors and traders should closely monitor these events as they have the potential to cause significant market volatility.

In particular, tokens with a high unlocking rate relative to circulating supply, such as JTO and NEON, may face strong selling pressure, while other tokens may see increased trading volume.

With over $1.14 billion worth of tokens unlocking next week, the crypto market may experience a volatile period. Whether these unlocking events will create strong selling pressure or boost trading activity remains a question, but their scale emphasizes the importance of monitoring tokenomics in the ever-evolving crypto market.

#MarketDownturn $ADA $JTO $ENA