Between December 16 and 23, the cryptocurrency market will see token unlocks totaling approximately $843 million, potentially influencing the circulating supply of several major and new protocols.
Arbitrum Leads Large Cliff Token Unlocks
ARB will lead the upcoming cliff unlocks with 92.65 million tokens worth approximately $96.81 million, representing 2.26% of its circulating supply. Mars Protocol and Space ID also have significant unlock events scheduled. These events could have major impacts on markets, particularly for Space ID, where the unlock represents a significant portion of available tokens.
Worldcoin Leads Linear Token Unlocks
The linear unlock schedule is headlined by Worldcoin and Solana. WLD will release 37.23 million tokens valued at $116.15 million, while SOL will release 524,030 tokens valued at $118.54 million. These two projects represent nearly 28% of the total linear unlock value for the week.
Less Popular Coin Unlocks and Market Impact
SuperRare stands out with the highest unlock progress at 83.72% of its total schedule, planning to release 13.34 million tokens. Mid-market capitalization projects like Nuklai and MerlinStarter will also unlock significant volumes. These unlocks occurring within such a short timeframe may affect the prices of the respective coins.
The token unlocks in the coming week could temporarily affect the cryptocurrency market by creating price pressure amid increased supply.
