Sui (SUI) Token Unlock in July Could Influence Market Amid $122 Million Supply Increase
Main Idea
July 2025 token unlocks for Sui, Ethena, and ZetaChain could influence market supply and price movements, with over $140 million worth of tokens entering circulation.
Key Points
1. Sui (SUI) will unlock 44 million tokens (1.3% of circulating supply) on July 1, valued at $122.3 million, distributed among Series B investors, Community Reserve, Early Contributors, and Mysten Labs Treasury.
2. Ethena (ENA) will release 40.63 million tokens (0.67% of circulating supply) on July 2, valued at $10.9 million, aimed at supporting protocol development and stability.
3. ZetaChain (ZETA) will unlock 44.26 million tokens (5.04% of circulating supply) on July 1, valued at $7.9 million, distributed across Core Contributors, Protocol Treasury, Purchasers and Advisors, Ecosystem Growth Fund, User Growth Pool, and Liquidity Incentives.
4. Other projects like Neon (NEON), Renzo (REZ), and dydx (DYDX) will also introduce new tokens, cumulatively exceeding $484 million in value over the period.
5. Investors should monitor these unlocks as they may impact market dynamics and price movements.
Description
The crypto market is set for significant token unlocks in early July 2025, with Sui (SUI), Ethena (ENA), and ZetaChain (ZETA) leading the wave, potentially impacting market dynamics. These unlocks
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