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Cryptocurrency News Articles

Upcoming Large Token Unlocks Valued at Over $400 Million Across Multiple Projects

Feb 04, 2025 at 01:58 am

The large token unlocks scheduled for the week between February 3 and February 10 are valued at over $400 million across multiple projects.

Upcoming Large Token Unlocks Valued at Over $400 Million Across Multiple Projects

The upcoming week will see large token unlocks across multiple projects, valued at over $400 million, as per data from Tokenomist.

Among the major cliff unlocks, XDC Network (XDC) leads the way with 841.18 million tokens scheduled to be unlocked, valued at $65.13 million and comprising 5.36% of the circulating supply.

Meanwhile, MOVE Protocol (MOVE) will see 50 million tokens unlocked, worth $27.79 million, adding 2.17% to its circulating supply.

In the mid-range, Kaspa (KAS) is set to unlock 172.01 million tokens, valued at $13.70 million and affecting 0.67% of its supply.

Neon Protocol (NEON) will experience a more substantial unlock of 53.91 million tokens, worth $13.03 million, which comprises 22.51% of its circulating supply.

Finally, Banana Network (BANANA) rounds out the major cliff unlocks with 250,000 tokens scheduled, valued at $6.16 million and impacting 7.20% of its supply.

Moving on to linear unlocks, Solana (SOL) continues to lead the way with 465.77K tokens scheduled to be unlocked, valued at $88.14 million, although this only comprises 0.10% of its circulating supply.

Worldcoin (WLD) follows with 37.23 million tokens, valued at $59.19 million, adding 3.92% to its supply.

Next in line is Dogecoin (DOGE), which will see 96.30 million tokens unlocked, worth $22.09 million, impacting 0.07% of its supply.

In the mid-tier tokens, TIA Protocol (TIA) is set to unlock 6.99 million tokens, valued at $23.76 million, affecting 1.39% of supply.

Avalanche (AVAX) will also see an unlock of 700,000 tokens, valued at $16.23 million, which comprises 0.17% of its supply.

Tao Protocol (TAO) continues with 50,400 tokens scheduled to be unlocked, valued at $14.15 million, adding 0.61% to circulation.

Smaller but notable releases include Sui (SUI), which will see 3.72 million tokens unlocked, valued at $12.16 million; Polkadot (DOT), with 2.81 million tokens scheduled, valued at $11.74 million; and NEAR Protocol (NEAR), which will see 2.97 million tokens unlocked, valued at $9.02 million.

The schedule concludes with Jito (JTO) releasing 4.20 million tokens, valued at $10.68 million, and Ethereum Name Service (ENS) unlocking 309,190 tokens, valued at $7.32 million.

Finally, several smaller market capitalization projects, as per CoinMarketCap data, will also be experiencing notable unlock events.

On the unlock schedule, VaporFund (VPR) is preparing to release 48.69 million tokens, valued at $61,889, which comprises 4.87% of total locked tokens. The project currently shows 53.83% unlock progress.

DAR Open Network (D) approaches a more substantial release with 21.07 million tokens scheduled, valued at $1.85 million. With 80.17% of its unlock progress complete, this release adds 2.63% to the locked supply.

Similarly, Sleepless AI (AI) prepares for an unlock of 17.27 million tokens, valued at $5.61 million, while showing 26.13% progress in its overall distribution schedule.

The market should also watch out for Trailblaze (XBLAZE) and Stella Fantasy (SFTY), with scheduled releases of 7.11 million and 15.71 million tokens, respectively.

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Other articles published on Feb 04, 2025