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📅 July 3, 7:00 – July 9,
Crypto Markets Brace as $484M in Tokens Unlock Across SUI, OP, SOL, AVAX & DOGE - Crypto News Flash
The crypto market is bracing for added selling pressure this week, with over $484 million in token unlocks scheduled between June 30 and July 7. This is nearly double the $250 million released in the previous week. Such a sharp increase has caught the attention of traders and investors, who are anticipating a potential impact on prices as more tokens become available for trade.
The largest one-time release will come from Sui (SUI), with $125.39 million set to enter the market. Although this accounts for just 1.29% of its total supply, the size of the release makes it one of the most closely tracked events this week. Ethena (ENA) is next with $58.12 million, followed by Kamino (KNMO) at $14.01 million. Kamino’s release is notable in proportion, making up 10.41% of its supply.
Neon (NEON) will see $5.52 million in tokens unlocked, representing 22.51% of its current circulating supply — the largest percentage increase among this batch. Optimism (OP) and ZetaChain (ZETA) are also on the list, with both scheduled to add over $5 million worth of tokens to the market.
Daily token unlocks will also put pressure on the supply Here, the lead is Solana (SOL), which adds $70 million to the market. However, this represents just 0.09% of its supply and is less likely to shift the price
While Dogecoin (DOGE) will see $16 million unlocked coins, Worldcoin (WLD), Official Trump (TRUMP), and Bittensor (TAO) will unlock $34 million, $31 million, and $17 million, respectively.
Other tokens with smaller daily unlocks are Avalanche (AVAX) $12.9 million, Celestia (TIA) $10.4 million, and a small $9.5 million from SUI in addition to the large initial release. While these amounts are not large relative to the total supply, they may still add to selling pressure over short periods, if sentiment moves to the downside.
Lower-cap tokens such as Morpho (MORPHO), Ether.fi (ETHFI), and Sei (SEI) are releasing 2% of supply this week. Although they are smaller in value, the relative release size can have bigger impacts due to the smaller market caps of the coins.
Token Unlock Events Spark Renewed Market Caution
This weekly combined cliff and linear value of the unlocks is a sharp surge in crypto market activity. Wu Blockchain reported six of the one-time unlock altcoins are releasing over $5 million worth of tokens, while several others will have daily releases that go beyond $1 million.
These planned releases come as part of previously structured vesting schedules, but even predictable supply increases can create pressure. Linear unlocks, while gradual, still introduce fresh tokens every day, while cliff unlocks often result in larger immediate effects. Historically, token unlocks often lead to increased selling pressure, making it a key time for traders and investors to watch the crypto market closely.
While last week’s largest moves included BLAST (55%), ACX (80%), and SOON (21%), none of this week’s unlocks are as extreme. Still, attention remains focused on NEON and KNMO, both surpassing the 10% threshold of circulating supply, which often correlates with steeper price drops.
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