The post $686M in Token Unlocks This Week: Key Projects to Watch appeared first on Coinpedia Fintech News
Over the next week, between July 28 and August 4, more than $686 million worth of crypto tokens will be unlocked across major crypto projects, which could shake things up in the market. Big one-time unlocks (over $5 million) are coming for Sui, Jupiter, Ethena, Optimism, Kaimana, Sign, GPS, Zeta, and Rezolve. These cliff unlocks often involve large token drops hitting the market at once, which can lead to increased volatility.
At the same time, several projects will see daily linear unlocks exceeding $1 million per day. These include Solana, Worldcoin, Celestia, Dogecoin, Tao, Avalanche, Sui, Polkadot, Internet Protocol, Morpho, Sei, and Ether.fi, Jito, Filecoin, and Ethereum Name Service.
SUI Leads Major One-Time Cliff Unlocks
Sui leads with an unlock of 44 million tokens, worth approximately $189.6 million, which is about 1.27% of its total supply. Jupiter is unlocking 53.47 million tokens valued at $32.1 million, followed by Ethena with 40.6 million tokens worth $26.6 million, and Optimism with 31.3 million tokens worth $22.9 million.
Other notable cliff unlocks include Kaimana with 229 million tokens worth $13.6 million and Sign unlocking 150 million tokens valued at $150 million (12.5%). GPS is releasing 542 million tokens, which is 31.75% of its supply, despite a modest $11.6 million value. Zeta and Rezolve are also unlocking 44.2 million and 423.7 million tokens, respectively.
SOL, TRUMP, WLD Lead In Daily Linear Unlocks
Several major projects are undergoing daily linear unlocks, where tokens are released gradually each day. Solana is unlocking about 465,770 tokens over the week, worth $87.6 million. Trump will unlock 4.89 million tokens worth $50.13 million. Worldcoin follows with a 37.2 million token unlock worth $44.6 million. Dogecoin will release 95.5 million tokens valued at $22.9 million, and Lamden Tao will unlock 50,400 tokens totaling $21.5 million.
Avalanche and Celestia are also seeing significant releases, unlocking around 7 million tokens worth $18.1 million and 6.96 million tokens worth $14.2 million, respectively. Sui will add another 3 million tokens, valued at $12.9 million.
Projects like Morpho, Ether.fi, Polkadot, Sei, The Internet Protocol, Jito, Near, Ethereum Name Service, and Filecoin will also see weekly unlocks ranging from $7 million to $13 million.
Last Week’s $442M Unlock Wave
Last week, over $442 million worth of tokens were unlocked across major projects. Major one-time releases came from Avail, Venom, AltLayer, Sahara, and Soon, while daily unlocks over $1 million hit Solana, Worldcoin, TRUMP, Celestia, Dogecoin, Tao, Avalanche, Sui, and others