Token unlocking involves the release of previously restricted tokens in the crypto world. Projects strategically plan these releases to avoid market pressure and maintain token prices. Factors like liquidity issues and early investor actions can impact asset dynamics significantly. Noteworthy upcoming token unlocks include Optimism, Sui, ZetaChain, and Wormhole. Optimism, a Layer-2 scaling solution for Ethereum, will increase its circulating supply by 31.34 million OP on July 31. Sui, a high-performance Layer-1 blockchain, will unlock tokens on August 1 for governance purposes. ZetaChain, a platform for blockchain interoperability, will release nearly 54 million ZETA tokens on the same day. Wormhole, facilitating communication between Solana and other networks, plans to unlock 600 million tokens on August 3. While some view token unlocks as bearish, a well-planned schedule can enhance a project's long-term sustainability and growth. Read more AI-generated news on: https://app.chaingpt.org/news

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