Between October 14 and 21, 2024, over $498 million worth of tokens are scheduled for release, with Arbitrum (ARB) making the largest impact.

Arbitrum (ARB) Leads in Token Unlocks

According to TokenUnlocks data, Arbitrum (ARB) is set to release 96 million tokens worth approximately $51.04 million, accounting for 2.65% of ARB's circulating supply.

Axie Infinity Among Other Projects

Other significant unlocks include AXS with 9.25 million tokens valued at $43.40 million, EIGEN with 11.22 million tokens worth $40.05 million, and STRK releasing 64 million tokens valued at $27.38 million. These unlocks represent varying percentages of their circulating supplies, ranging from 0.05% for ADA to a substantial 7.05% for PIXEL.

Solana and Other Linear Unlocks

Solana (SOL) is set to unlock 524.03K tokens worth $79.21 million, accounting for 0.11% of its circulating supply. Other notable linear unlocks include TAO, Avalanche (AVAX), and SEI, each releasing tokens valued between $17 million and $34 million.

The substantial amount of tokens scheduled for release this week could potentially impact the market prices of affected cryptocurrencies, especially given the current positive market sentiment.