From June 30 to July 7, significant token unlock events are scheduled, with a total value exceeding $484 million. Leading the way are SUI and Ethena.
Major Token Unlocks
According to Tokenomist data, SUI tops the large unlock schedule with 44 million tokens valued at $125.39 million, accounting for 1.29% of the unlock supply. Ethena follows as the second-largest unlock with 212.50 million ENA tokens worth $58.12 million, comprising 3.59% of the unlock supply. Optimism ranks third with 31.34 million OP tokens valued at $18.64 million, representing 1.79% of the unlock supply.
Linear Token Unlocks
Solana leads the linear unlock category with 465.77K SOL tokens valued at $70.79 million, accounting for 0.09% of the circulating supply. Following is Worldcoin with 37.23 million WLD tokens worth $34.43 million, comprising 2.23% of the circulating supply. Other projects like TRUMP and Dogecoin also feature linear unlocks during this period.
Less Popular Token Unlocks
Several cryptocurrency projects with lower market visibility are preparing for unlock events. Shockwaves leads with 1.65 million NEUROS tokens scheduled for unlock, valued at approximately $3,348.38, representing 1.65% of the total locked supply. Hooked Protocol follows with 8.33 million HOOK tokens worth $774,989.46, accounting for 1.67% of total locked tokens.
The upcoming token unlock events may influence respective markets, creating potential selling pressure. Investors and market participants should monitor the developments closely.
