Several major cryptocurrencies are poised to undergo significant token unlocks next week, releasing substantial amounts of tokens into circulation and potentially reshaping market dynamics. Here’s a comprehensive breakdown of the upcoming token unlock events: 1. **Arbitrum (ARB)** will unlock approximately 92.65 million tokens on October 16 at 9:00 PM (UTC+8).
This release represents 2.56% of its current circulating supply, valued at around $49.4 million, which could influence trading activities significantly. 2. **Axie Infinity (AXS)** is scheduled to unlock about 9.25 million tokens on October 14 at 9:10 PM (UTC+8). This event constitutes 6.08% of its circulating supply, worth approximately $43.1 million, indicating a substantial inflow into the market. 3.
**Eigenlayer (EIGEN)** will release around 11.22 million tokens on October 16 at 3:00 AM (UTC+8). This unlock accounts for 6.01% of its circulating supply, valued at about $43.9 million, which may alter its market position. 4. **Starknet (STRK)** plans to unlock approximately 64 million tokens on October 15 at 8:00 AM (UTC+8), representing 3.30% of its circulating supply with an estimated value of $26 million, likely affecting its price volatility post-release. 5.
**Taiko (TAIKO)** will unlock around 12 million tokens on October 14 at 8:00 AM (UTC+8). This event accounts for 14.99% of its circulating supply, valued at about $18.7 million, potentially leading to a price shift. 6. **ApeCoin (APE)** is set to release approximately 15.6 million tokens on October 17 at 8:30 PM (UTC+8).
This unlock represents 2.31% of its circulating supply, worth around $11.2 million, suggesting increased market liquidity. 7. **Pixels (PIXEL)** will unlock about 54.38 million tokens on October 19 at 6:00 PM (UTC+8), accounting for 7.05% of its circulating supply and valued at approximately $7.2 million, which could significantly impact its trading environment. 8.
**Cardano (ADA)** is scheduled to unlock around 18.53 million tokens on October 17 at 8:00 AM (UTC+8). This unlock represents 0.05% of its circulating supply, worth about $6.5 million, possibly affecting investor sentiment. 9. **Echelon Prime (PRIME)** will release approximately 750,000 tokens on October 17 at 8:00 AM (UTC+8).
This represents 1.57% of its circulating supply, valued at around $6.1 million, which may have a subtle influence on its market standing. 10. **Ethena (ENA)** is set to unlock about 12.86 million tokens on October 16 at 3:00 PM (UTC+8). This event represents 0.47% of its circulating supply, worth approximately $4.4 million, likely leading to minor fluctuations. 11.
**Render (RENDER)** will unlock around 490,000 tokens on October 14 at 8:00 AM (UTC+8), accounting for 0.13% of its circulating supply, valued at about $2.7 million. This may not have a significant impact but could influence traders' strategies. 12. **CYBER (CYBER)** is scheduled to release approximately 890,000 tokens on October 14 at 4:00 PM (UTC+8), representing 3.81% of its circulating supply, worth around $2.6 million, revealing its potential for price adjustments. 13.
**Astar (ASTR)** will unlock about 9.72 million tokens on October 17 at 8:00 AM (UTC+8), which is 0.13% of its circulating supply, valued at approximately $580,000, likely resulting in a minor effect on market behavior. 14. **Nym (NYM)** is set to release around 2.73 million tokens on October 15 at 8:00 AM (UTC+8), representing 0.34% of its circulating supply, worth about $200,000.
This unlock may lead to limited market activity, but its timing and execution should be monitored closely..