Three major cryptocurrency projects—Avail, Venom, and AltLayer—are set to unlock tokens valued at more than $40 million combined this month, introducing substantial new supply that could impact market activity across the crypto sector.
Avail leads the unlocks with 972.85 million AVAIL tokens (38.23% of circulating supply), worth approximately $19.46 million. These tokens will be distributed to investors, ecosystem development initiatives, and community programs.
Venom will release 59.26 million VENOM tokens (2.84% of circulating supply), valued at $12.67 million. The allocation targets ecosystem growth, early backers, community incentives, and team members.
AltLayer’s unlock involves 240.10 million ALT tokens (6.39% of circulating supply) worth $9.01 million. Distributions will cover investors, treasury reserves, protocol development, project teams, ecosystem growth, and advisors.
Additional projects including Sahara, Soon, and Undeads Games will contribute to the broader unlocking event with over $96.7 million in tokens releasing concurrently. This combined influx may influence price action, liquidity conditions, and investor strategies across crypto markets.
The coordinated unlocks represent a critical moment for project trajectories, requiring careful assessment by traders and long-term holders managing exposure to newly circulating tokens.