SUI, SOL Headline $484M Token Unlock Wave This Week
2025-06-30 18:41:55
Main Idea
Several major cryptocurrency projects are set to unlock significant amounts of tokens between June 30 and July 7, with varying impacts on their market prices.
Key Points
1. SUI will lead the token unlocks with 1.29% of its supply ($125 million) being released, followed by Ethena (ENA) with $58.12 million and Optimism (OP) with $18.64 million.
2. Kamino (KMNO) will unlock over 10% of its supply ($13.56 million), and ZetaChain (ZETA) will release 44.26 million coins.
3. Daily linear unlocks from Solana (SOL), Worldcoin (WLD), and Official TRUMP (TRUMP) will add persistent market pressure, with SOL releasing nearly $10 million daily and WLD $4.87 million daily.
4. Despite the bearish short-term view of token unlocks, some tokens like SUI and SEI have seen price increases recently, with SEI surging over 48% in seven days.
5. SOL remains relatively stable at $150.69, up 12.1% for the week, indicating strong market demand, while TRUMP has gained 16.4% over the last month.
Description
Traders are bracing for potential selling pressure as early investors and project treasuries gain access to massive, previously locked holdings. Data from the Tokenomist website shows that over $484 million worth of tokens are scheduled to hit the crypto market this week, in one-time releases and significant daily unlocks. Details of Token Unlocks According to the tokenomics analytics platform, SUI will lead the wave of large token releases between June 30 and July 7, with 1.29% of its supply wo...
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