The Sui (SUI) network unlock event takes place on January 1, 2025, with a total of 64.19 million SUI tokens to be released. This equates to approximately 2.19% of the total circulating supply, with an estimated value of $338.8 million.
This unlock is part of Sui's tokenomics plan and will increase the token's circulating supply, potentially affecting its value and market capitalization. This unlock is especially important as it represents about 50% of the total unlocks that have been projected for the first week of 2025, which will mainly be distributed to investors from the Sui Series A and B funding rounds. Besides, there are currently about 1.85 billion other SUI tokens still locked in committed contracts.
