Token unlocking is an event that releases previously locked tokens, often associated with fundraising agreements. Projects usually plan strategically for these events to mitigate market pressure and maintain price stability.

Below are five notable token unlock events that will occur next week:

Ethena (ENA)

  • Unlock date: January 8

  • Number of unlocked tokens: 12.86 million ENA

  • Current circulating supply: 3.03 billion ENA

Ethena is a synthetic currency protocol operating on Ethereum, providing a bank-independent savings solution through the 'Internet Bond' product pegged to the USD. The ENA token, serving as a governance token, allows holders to participate in protocol development decisions.

ENA Unlock Schedule | Source: Tokenomist

On January 8, Ethena will unlock over 12.86 million ENA, equivalent to 16.34 million USD, to support the development of the ecosystem.

Movement (MOVE)

  • Unlock date: January 9

  • Number of unlocked tokens: 50 million MOVE

  • Current circulating supply: 2.25 billion MOVE

Movement is an improved blockchain platform aimed at enhancing Ethereum's capabilities, using the Move programming language developed by Meta (formerly Facebook). This technology improves the security, scalability, and compatibility of the blockchain.

MOVE Unlock Schedule | Source: Tokenomist

On January 9, Movement will issue 50 million MOVE to promote the development of the ecosystem and support the community.

Optimism (OP)

  • Unlock date: January 9

  • Number of unlocked tokens: 4.47 million OP

  • Current circulating supply: 1.35 billion OP

Optimism is a Layer-2 scaling solution that speeds up transactions and reduces costs on Ethereum. The OP token, serving as a governance token, allows holders to participate in voting and shape the network's development direction.

OP Unlock Schedule | Source: Tokenomist

On January 9, Optimism will release 4.47 million OP worth 9.44 million USD, allocated to the seed fund to promote project growth.

Aptos (APT)

  • Unlock date: January 11

  • Number of unlocked tokens: 11.31 million APT

  • Current circulating supply: 558.49 million APT

Aptos, a Layer-1 blockchain, focuses on providing a secure and scalable platform for decentralized applications (dApps). The project is highly praised for its performance but has faced some criticisms regarding the token allocation structure dependent on venture capital funds.

APT Unlock Schedule | Source: Tokenomist

On January 11, Aptos will unlock 11.31 million APT worth 113.89 million USD, allocated to the community, core development team, and strategic investors.

io.net (IO)

  • Unlock date: January 11

  • Number of unlocked tokens: 3.22 million IO

  • Current circulating supply: 128.83 million IO

Io.net is a decentralized GPU network that provides computing power for AI and machine learning applications. By leveraging unused GPUs, Io.net offers a cost-effective and scalable solution for developers.

IO Unlock Schedule | Source: Tokenomist

On January 11, io.net will unlock 3.22 million IO worth 12.61 million USD, accounting for approximately 2.50% of the circulating supply, to support the community and develop the ecosystem.

In addition, next week will also see notable linear unlock events over the next 7 days including SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, FIL, ENS, JTO, MOCA, etc. The total unlocked value is approximately 760 million USD.

Source: https://tapchibitcoin.io/5-su-kien-mo-khoa-token-dang-chu-y-trong-tuan-toi.html