Next week, significant token unlocks for projects like SUI, ENA, and OP are expected to impact market dynamics.
Scheduled Token Unlocks
From July 28 to August 2, 2025, token unlocks from projects such as SUI, ENA, and OP are set to occur. These releases involve millions of tokens with a total value reaching hundreds of millions of dollars. The unlock for Sui (SUI) scheduled for August 1 includes 44 million tokens.
Market Impact
These unlocks span multiple sectors, including DeFi and Layer 1 projects, contributing over $484 million to market liquidity. Such activities are prone to induce short-term market volatility, with market participants anticipating potential selling pressure.
Market Data Overview
According to CoinMarketCap, Sui (SUI) is currently trading at $4.31, with a market cap of $14.91 billion. Its trading volume is $2.34 billion, reflecting a 32.09% increase. Recent trends show a 6.12% rise in the last 24 hours and 61.51% over the past 30 days. Coincu's research identifies potential short-term volatility as the market adjusts to this increased supply.
Given the upcoming token unlocks, market participants are advised to monitor trends closely and prepare for possible price fluctuations.