Next week, many altcoin projects, including Sui (SUI), Optimism (OP), and ZetaChain (ZETA), will be undergoing major unlocks. These transactions will lead to significant changes in the total amount of circulation of the respective tokens. Here are the details on the unlock dates and the impact these developments may have on the altcoin market…
SUI, OP and ZETA: December 30 Unlock Dates
As we enter 2025, SUI will unlock approximately 64.19 million tokens at 8:00 AM on January 1st, representing 2.19% of the current circulation, with a total value of approximately $2.7 billion. Optimism (OP) will release 31.34 million tokens at 8:00 AM on December 31st, representing 2.32% of the circulation. The total value of these tokens is around $58.6 million. ZetaChain (ZETA) will release approximately 53.89 million tokens at 8:00 AM on January 1st, representing 9.35% of the total circulation. The market value of ZETA tokens is calculated as approximately $32 million.
Beldex (BDX) and Other Notable Unlocks
Beldex (BDX) will unlock 330 million tokens at 08:00 on December 30th, contributing 4.78% to the circulation. The value of these tokens is approximately $26.1 million. In addition, other notable unlocks are as follows:
Sleepless AI (AI): 23.21 million tokens will be unlocked on January 1, bringing the total market value to $14.6 million.
dYdX (DYDX): On the morning of January 1, 8.33 million tokens will enter circulation with an increase of 1.17%. The value of these tokens will be around $12.8 million.
Maverick Protocol (MAV): There will be a 7.86% increase on the morning of January 1st with 36.2 million tokens, and the total value of these tokens is estimated at $7.8 million.
Slash Vision Labs (SVL) Token Unlock Tarihi
One of the tokens with a particularly large scale and high circulation rate is Slash Vision Labs (SVL). Approximately 6.05 million tokens will be released on December 30, an increase of 12.25%. The total value of these tokens will be around $3.9 million. These developments can have a significant impact that can lead to volatility in the market and are being closely monitored by investors.
Tips for Strong Growth in the Sui Ecosystem
Sui Network has achieved great success in the decentralized finance (DeFi) space. In December, the total value locked (TVL) reached an all-time high of $1.8 billion. This success was made possible by the contribution of lending platforms such as SuiLend and NAVI Lending. These two platforms account for 58% of the network’s total TVL.
SUI’s trading volume and price action also support this growth. In mid-December, TVL peaked, daily trading volume exceeded $551 million, and SUI’s price rose to $4.76. The current price is trading at $4.38, indicating a continuation of the uptrend as it is above the 50-day moving average. However, the RSI value is approaching the overbought region at 61.65, which could indicate a short-term consolidation.
If the price stays above the $4.20 level, it seems possible that SUI could reach a key psychological resistance point at $5. This momentum and the continued growth in the DeFi ecosystem suggest that SUI has a strong growth trend.