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Major token unlocks totaling over $484 million are set to impact the crypto market from June 30 to July 7, led by significant releases from SUI, Ethena, and Solana projects.
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These unlock events include both cliff and linear releases, with SUI commanding the largest single cliff unlock and Solana dominating gradual token distributions.
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According to COINOTAG, the combined cliff unlocks across six projects will contribute approximately $229 million, highlighting a critical period for token supply dynamics.
Upcoming token unlocks worth $484M from SUI, Ethena, and Solana will influence supply dynamics between June 30 and July 7, signaling key market movements.
Significant Cliff Unlocks from SUI and Ethena Shape Market Supply
Between June 30 and July 7, the crypto sector will witness substantial cliff unlocks, with SUI leading the charge. The project is set to release 44 million tokens valued at $125.39 million, representing 1.29% of the total token supply during this period. This unlock is the highest-value single cliff event scheduled, underscoring its potential influence on market liquidity and investor sentiment.
Ethena (ENA) follows with a notable unlock of 212.5 million tokens, worth $58.12 million. Although its dollar value is lower than SUI’s, this release impacts a larger portion of the circulating supply at 3.59%, indicating a broader market supply adjustment. Optimism (OP) also contributes with a $18.64 million cliff unlock, releasing 31.34 million tokens and affecting 1.79% of its supply.
Mid-Tier Cliff Unlocks Add to Market Pressure
Additional cliff unlocks from projects such as KNMO, ZETA, and NEON collectively add approximately $55.59 million to the total supply release. KNMO’s unlock of 229.17 million tokens, valued at $14.01 million, represents a significant 10.41% of the unlock supply, potentially exerting notable pressure on token valuation. ZETA and NEON contribute $8.06 million and $5.52 million respectively, rounding out a combined cliff unlock value of roughly $229 million across six key projects.
Solana and Other Networks Lead Linear Token Unlocks
In the linear unlock category, Solana (SOL) dominates with a gradual release of 465,770 tokens valued at $70.79 million. This represents 0.09% of Solana’s total supply, reflecting a steady increase in circulating tokens rather than a sudden influx. Worldcoin (WLD) follows with a linear unlock of 37.23 million tokens worth $34.43 million, impacting 2.23% of its circulating supply.
Diverse Linear Unlocks Across Multiple Crypto Networks
Other notable linear unlocks include TRUMP’s release of 3.45 million tokens valued at $31.52 million and Bittensor’s 50,400 TAO tokens worth $17.22 million. Dogecoin (DOGE) will see a release of 95.49 million tokens, valued at $16.12 million, contributing to the overall supply expansion. Additional linear unlocks from Celestia, Avalanche (AVAX), ETHFI, and Polkadot (DOT) further diversify the token release landscape during this period.
Smaller projects such as Hooked Protocol (HOOK) and AC Milan Fan Token are also scheduling token unlocks, though their impact is comparatively modest, with values under $1 million. These varied unlock events reflect a broad spectrum of supply adjustments across the crypto ecosystem.
Conclusion
The upcoming week’s token unlocks, totaling over $484 million, represent a critical juncture for market participants. With major cliff unlocks from SUI and Ethena and significant linear releases led by Solana, investors should monitor supply changes closely. These events may influence liquidity, price volatility, and market sentiment, underscoring the importance of strategic positioning during this period.
