This week will see significant token unlocks nearing $2 billion in crypto. The most significant token unlock will be $1.78 billion in Solana (SOL), and can trigger market volatility. Here are the top 9 token unlocks this week.
Top 9 Token Unlocks of the Week – Over $1.87 Billion in Crypto
1. Solana (SOL)
On March 1, 11.2 million SOL tokens will be unlocked , representing almost 2.3% of the total supply. The unlock amount will be $1.78 billion and it could trigger more market volatility for SOL.
Today, SOL recorded a descendant trajectory and the coin is now trading below $160, down by more than 5% today.
SOL price in USD today2. Optimism (OP)
On February 28, over 31.3 million OP tokens will be unlocked, representing 1.93% of the circulating supply. The unlock amount is $36.47 million, and so far, almost 34% of the total token supply has been unlocked.
Today, OP’s price is also down by more than 5% and the coin is trading at $1.09, with a market cap of $1.78 billion.
OP price in USD today3. Sui (SUI)
On March 1, 10.34 million SUI tokens will be unlocked, representing 0.33% of the circulating supply. The unlock amount is over $35.6 million, and so far, over 30% of the total token supply has been unlocked.
Today, SUI is down by around 4% and the coin is trading at $3.19 with a market cap of over $9.8 billion.
SUI price in USD today4. DYDX (DYDX)
On March 1, over 8.3 million DYDX tokens will be unlocked, or more than 1.1% of the circulating supply. The unlock amount is $7.42 million and so far, almost 66% of the total supply has been unlocked.
Today, the price of DYDX is down by over 5% and the coin is trading at over $0.74 with a market cap of over $549 million.
DYDX price in USD today5. ZetaChain (ZETA)
On March 1, over 22.4 million ZETA coins will be unlocked, or over 3% of the ricualting supply. The unlock amount is $7.12 million. So far, over 32% of the supply has been unlocked.
Today, ZETA is down by over 7% and the coin is trading at $0.3, with a market cap of $208 million.
ZETA price in USD today6. Altlayer (ALT)
Tomorrow, February 25, over 113 million ALT tokens will be unlocked, representing 4.6% of the circulating supply. The unlock amount is $5.83 million and so far, over 25.5% of the total supply has been unlocked.
Today, ALT is down by over 6% and the coin is trading at $0.04 with a market cap of over $112 million.
ALT price in USD today7. Sleepsless AI (AI)
On March 1, 6.75 million AI tokens will be unlocked, or over 5% of the circulating supply. The unlock amount is $1.88 million.
Today, AI is down by 7% and the coin is trading at $0.25, with a market cap of over $70 million.
AI price in USD today8. Yield Guild Games (YGG)
On February 27, over 6.4 million YGG tokens will be unlocked, or 1.57% of the circulating supply. The unlock amount is $1.71 million, and so far, over 75% of the supply has been unlocked.
Today, YGG is down by over 7% and the coin is trading at $0.23 with a market cap close to $103 million.
YGG price in USD today9. Manta Network (MANTA)
On February 28, 1.87 million MANTA tokens will be unlocked, or 0.49% of the circulating supply. The unlock amount is $750,000 and so far, over 40% of the token supply has been unlocked, according to Tokenomist .
Today, MANTA is down by over 8% and the coin is trading at over $0.36 with a market cap of over $139 million.
MANTA price in USD todayThese token unlocks are important events as they may trigger buying or selling pressure for the coins involved. The most significant one is for Solana as it could bring high price volatility for the coin following its recent crisis .
