The token unlocks a previously restricted token release, carefully scheduled to avoid market disruption. However, factors such as liquidity and investor actions can impact prices. Here are four notable token unlocks this week:

1️⃣ Optimism

- Unlock date: July 31
- Unlocked tokens: 31.34 million OP
- Current supply: 1.1 billion OP

Optimism, a Layer 2 scaling solution for Ethereum, will issue 31.34 million OP tokens, primarily to core contributors and investors. This unlocking increases circulating supply, influencing governance and network decisions.

2️⃣ Sui ($SUI )

- Unlock date: August 1
- Unlocked Tokens: 64.19 million SUI
- Current supply: 2.5 billion SUI

Sui, a high-performance Layer 1 blockchain, will unlock 64.19 million SUI tokens, allocated to Series A and B participants, the community reserve, and the Mysten Labs treasury. This release could significantly impact SUI's market dynamics.

3️⃣ ZetaChain (ZETA)

- Unlock date: August 1
- Tokens unlocked: 53.89 million ZETA
- Current supply: 284.81 million ZETA

ZetaChain, known for its cross-chain communication, will issue nearly 54 million ZETA tokens. These will support user growth, ecosystem expansion, core contributors and liquidity incentives, potentially enhancing its cross-chain capabilities.

4️⃣ Wormhole

- Unlock date: August 3
- Unlocked Tokens: 600 million W
- Current supply: 1.8 billion W

Wormhole, a bridge between Solana and other networks, will unlock 600 million W tokens. The release has sparked mixed reactions, with concerns about the market impact versus the benefits to liquidity and ecosystem development.

╰┈➤ Other notable unlocks include Echelon Prime (PRIME), dYdX (DYDX), Manta Network (MANTA), Galxe (GAL), and Ethena (ENA), with a total value of more than 340 million USD. While often considered a discount, strategically unlocking key milestones can strengthen projects, motivate teams, and increase community engagement.