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Cryptocurrency News Articles

The crypto crowd has its eyes fixed on 1inch today

Apr 11, 2025 at 05:57 pm

This unlock will release 32140 tokens—just a sliver of the circulating supply—but it's a piece of a much bigger puzzle.

The crypto crowd has its eyes fixed on 1inch today

The crypto crowd has its eyes fixed on 1inch today, as the DeFi token inches higher ahead of a scheduled unlock event set for 12:00 PM UTC on April 11, 2025.

With less than three hours to go—2 hours and 25 minutes at the time of writing—1INCH is already showing some movement, up 0.41% in the past 24 hours, now trading at $0.1690.

Its market cap currently sits at $234.19 million, even as 24-hour trading volume dips 20.26% to $21.57 million.

This unlock will release 32,140 tokens—just a sliver of the circulating supply—but it’s a piece of a much bigger puzzle.

So far, 1.39 billion tokens (about 92.48% of the total supply) have already been unlocked. Just 840,010 tokens are still locked, signaling that a full release is almost here—something that could shake up liquidity and shift market dynamics.

At the core of it all is the 1inch Network, a major player in the DeFi world. It taps into over 400 liquidity sources across 12 blockchains, including heavy hitters like Ethereum and Polygon. Its smart routing tool, Pathfinder, has helped the platform cross 1 million users and rack up more than $150 billion in trading volume.

With the unlock just hours away, the community is split—some are betting on a sustained rally, while others see it as a quick spike. Either way, the spotlight’s firmly on 1inch as it hits this crucial moment in the fast-moving DeFi world.

Also Read: Ethereum (ETH) Price Turns Bearish Again: 3 Key Reasons Why

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Other articles published on Apr 18, 2025