5 notable token unlocks next week

Next week there will be many notable token unlocks, especially for large projects in the cryptocurrency field. Below are the 5 main token unlocks:

1. Optimism (OP)

- Unlock date: December 31

- Number of unlocked tokens: 31.34 million OP

- Information: Optimism is a Layer-2 solution that improves speed and reduces transaction costs on Ethereum. The OP token allows users to participate in the network's governance decisions.

2. Sui (SUI)

- Unlock date: January 1

- Amount of unlocked tokens: 64.19 million SUI

- Information: Sui is a high-performance Layer-1 blockchain, built to optimize the network through Proof of Stake consensus mechanism. The SUI token also has a role in governance.

3. ZetaChain (ZETA)

- Unlock date: January 1

- Amount of unlocked tokens:53.89 million ZETA

- Information: ZetaChain is a decentralized blockchain platform that enables cross-chain communication between different networks, such as Ethereum and Binance Smart Chain. ZETA tokens will be used for developments in the ecosystem.

4. dYdX (DYDX)

- Unlock date: January 1

- Amount of unlocked tokens: 8.33 million DYDX

- Information: dYdX is a large decentralized trading protocol. The majority of tokens will be distributed to project founders and shareholders.

5. Ethena (ENA)

- Unlock date: January 1

- Amount of unlocked tokens:12.86 million ENA

- Information: Ethena is a synthetic financial protocol on Ethereum, providing financial tools for users. ENA token serves the project's ecosystem management and development.

In addition, there are also other unlocks for projects such as Celo (CELO), Eigen Layer (EIGEN), Manta (MANTA), and Moca Network (MOCA), with a total expected value exceeding 440 million USD. This unlocking schedule may affect the value and movements of these tokens in the market.