Multiple Crypto Projects Set to Release Tokens in December, with Cardano (ADA), Jito (JTO), and Aptos (APT) Scheduled for Approximately $700 Million Token Unlock

Neon (NEON) is set to unlock 53.91 million tokens, which account for approximately 45% of its circulating supply, on December 7.

Multiple crypto projects are set to release tokens in December, with Cardano (ADA), Jito (JTO), and Aptos (APT) scheduled for a combined $700 million token unlock, according to data from Tokenomist.

Here's a closer look at the upcoming token unlocks:

Cardano (ADA) will release 18.53 million ADA tokens on December 4, valued at approximately $20 million at current prices. The tokens, which represent less than 0.1% of the circulating supply, will go toward staking and treasury funding reserves. ADA has risen 8% in the past week and surged 198% over 30 days, trading above $1 for the first time in more than two years, according to CoinGecko data.

Solana-based Jito faces the largest unlock, with 135.71 million JTO tokens worth about $521 million scheduled for December 7. The release, which represents roughly 103% of the circulating supply, will be distributed to core contributors and investors. JTO reached $3.9 during the week and currently trades at $3.8, up 4% in 24 hours.

Aptos will unlock 11.31 million APT tokens on December 11, valued at approximately $153 million at current prices. The tokens, about 2% of the circulating supply, will go to the foundation, community, core contributors, and investors.

Other significant token unlocks include Neon (NEON), which is set to unlock 53.91 million tokens on December 7, and Polyhedra Network (ZKJ), which will release 17.22 million ZKJ tokens on December 14.