- Over $642 million in token unlocks will occur in the first week of April, impacting markets.
- Major cliff unlocks include SUI, W, and ENA, with W releasing 46.27% of its supply.
- SOL, DOGE, and WLD will see large linear unlocks, potentially increasing market volatility.
The cryptocurrency market is preparing for a significant wave of token unlocks in the first week of April. According to Tokenomist, the total value of these unlocks will exceed $642 million. This event is part of a larger trend, with April 2025 expected to see token unlocks worth around $1.5 billion. These unlocks will impact several major tokens, potentially affecting prices and market sentiment.
Among the cliff unlocks, SUI leads with 64.19 million tokens worth $149.83 million, representing 2.14% of its circulating supply. Other notable cliff unlocks include W, with 1.39 billion tokens worth $116.12 million, accounting for 46.27% of its circulating supply. ENA follows with 212.50 million tokens valued at $78.81 million, making up 4.02% of its supply.
Optimism (OP) will see 31.34 million tokens unlocked, worth $23.40 million, while Jito Labs (JTO) has 11.31 million tokens unlocking, valued at $24.4 million. Other tokens experiencing cliff unlocks include BIGTIME, ZETA, KAS, NEON, and DYDX, with values ranging from $6.79 million to $44.26 million.
Several tokens will also see large-scale linear unlocks. SOL will experience the highest daily unlock, with tokens worth $58.80 million entering circulation, representing 0.09% of its supply. WLD follows with $29.22 million worth of tokens unlocked daily, equating to 3.06% of its supply. TIA will unlock tokens worth $22.69 million daily, accounting for 1.20% of its supply, while DOGE will have a daily unlock of $15.84 million, representing 0.09% of its supply. Other tokens undergoing linear unlocks include OM, TAO, AVAX, SUI, JTO, NEAR, DOT, IP, and FIL, each exceeding $1 million in daily unlocks.
Related: Top Token Unlocks This Week: OP, SUI, DYDX, EIGEN, And More
These unlocks may impact market conditions by increasing the circulating supply. When supply grows faster than demand, selling pressure can rise, leading to price declines. Tokens like W and TIA, with high unlock percentages, may experience increased volatility. The sudden availability of large token amounts may overwhelm the market, potentially causing significant price fluctuations.
However, tokens like SOL and DOGE, which have lower unlock percentages, may face less impact. Their higher liquidity and strong market presence could help absorb the new supply more efficiently. As the unlocks approach, traders and investors will closely monitor market movements to gauge their potential effects on prices.
