XDC and NEON Lead the Way as Crypto Market Sees a Shift in Token Distribution

The crypto market is seeing a shift in token distribution, as insider unlocks for the week of February 3-9, 2025, total over $79.95 million.

Crypto token unlocks for the week of February 3-9, 2025, are set to total over $79.95 million, according to TokenUnlocks. These unlocks involve private investors, team members, founders, and advisors who are scheduled to release tokens into circulation.

The largest unlock by value is for XDC, with $49.07 million in tokens to be unlocked. This amounts to 2.81% of XDC's circulating supply. Other notable unlocks include NEON ($10.4 million, 22.35%), GGP ($7.63 million, 11.79%), AGI ($4.35 million, 2.42%), MAVIA ($3.19 million, 19.90%), and SPELL ($2.23 million, 0.84%).

These unlocks follow a trend that was also observed during the previous unlock cycle (January 27 – February 2, 2025), which saw a total of $304.79 million in unlocks. Among the tokens that were unlocked during this period include SUI, OP, ZETA, DYDX, GAL, AI, and YGG.

As reported, the crypto market is seeing a shift in token distribution, with a large volume of tokens hitting the market following the conclusion of the bear cycle and the commencement of the bull cycle in 2024.

The 2024 annual report from Tokenomist showed a total of $82 billion in token unlocks were consumed in the year, with expectations for this figure to rise to $190 billion by 2025.

Meanwhile, Binance has introduced new listing guidelines that target the float at token generation events (TGE), pushing projects to prioritize sustainable tokenomics in response to the market conditions.