According to blockchain analytics firm Tokenomist, the cryptocurrency market is set to face over $81.9 million in token unlocks from May 5 to 11, 2025.
Token Unlocks and Their Consequences
The scheduled unlocks are expected to have significant consequences for token supply on the market. The tokens are designated for both project founders and private investors. Notably, 6.61% of ENA's total token supply will be unlocked through this event.
Leaders in Unlock Amounts
The largest token unlock by volume is set for the ENA project, releasing tokens worth $55.79 million, which accounts for 3.1% of its circulating supply. The SPEC project follows, unlocking $15.42 million worth of tokens, or 42.5% of its circulating supply.
Impact on the Cryptocurrency Market
Such significant token unlocks could exert supply-side pressure on the market. The primary recipients of the unlocked tokens are founders and private investors, which may influence price dynamics in the near future.
From May 5 to 11, 2025, the cryptocurrency market will face substantial token unlocks, possibly exerting pressure on prices and overall supply.
