$625M in Crypto Unlocks: SUI, SOL, DOGE, and TRUMP Set to Impact Markets

  • Cliff and linear unlocks could increase volatility across top crypto assets quickly.
  • Solana, Dogecoin, and SUI face significant supply inflows this trading week.

According to data compiled by Tokenomist, over $625 million worth of crypto tokens will be unlocked in the coming week. Major projects, including SUI, SOL, and TRUMP, headline the list of upcoming releases. The unlocks span both cliff and linear schedules, potentially influencing market behavior. 

Token unlocks increase the circulating supply of assets, often creating selling pressure if recipients decide to liquidate. According to Tokenomist data, the next seven days will introduce a mix of cliff and linear unlocks across multiple high-profile projects. Cliff unlocks involving significant one-time releases are scheduled for SUI, OMNI, IOTA, and others. 

SUI leads with a $262.88 million cliff unlock, representing about 2.27% of its supply. Linear unlocks involve steady daily releases, often impacting prices more gradually. Solana will see approximately $67.61 million worth of SOL tokens unlocked daily. 

WLD and TRUMP are also scheduled for linear unlocks of $40.69 million and $49.33 million, respectively. Other projects facing daily supply increases include TIA, DOGE, TAO, AVAX, DOT, IP, MORPHO, NEAR, and JTO.

Solana, Dogecoin, and SUI Among Top Altcoins to Watch

Wu Blockchain’s latest graphic, based on Tokenomist data, highlights Solana’s looming $67.61 million unlock. Although this represents only 0.09% of SOL’s circulating supply, the magnitude still poses a liquidity risk. Despite the concerns, the SOL price rose over 2.5% recently, reaching $151 from a 24-hour low of $144.89.

Dogecoin is next in focus, with $17.09 million worth of DOGE tokens set for release. While the percentage impact is minor, the memecoin’s sentiment-driven price could react sharply. DOGE’s price increased 0.7% to $0.1807, but trading volume fell 12% to $1.08 billion.

Despite facing both cliff and linear unlocks, SUI stands out with $262.88 million in tokens entering circulation. Its price gained 2% to $3.69, signaling temporary investor optimism. However, traders remain cautious as a large supply influx typically weighs heavily on prices.

Hot this week

Decode 3 Powerful Fear Signals: Crypto’s Bull Run Isn’t Dead Yet

Fear & Greed Index rebounds to 26 after a...

Powerful Positive Turnaround: Crypto Whale BADBB Breaks Even on $200M ETH Long

BADBB breaks even on a colossal $200M ETH long,...

Cardano Blast: 10% Bullish Breakout Targets $0.50 and Beyond

Cardano's ADA breaks a multi-month downtrend on the 4H...

LINK Forms Familiar Pattern as Market Awaits Potential Price Surge

LINK's current chart mirrors past breakouts, suggesting a potential...

HYPE Token Faces Downtrend, Analyst Predicts Further Declines Below $25

HYPE token price drops 5.34% in 24 hours, currently...

Topics

Cardano Blast: 10% Bullish Breakout Targets $0.50 and Beyond

Cardano's ADA breaks a multi-month downtrend on the 4H...

LINK Forms Familiar Pattern as Market Awaits Potential Price Surge

LINK's current chart mirrors past breakouts, suggesting a potential...

HYPE Token Faces Downtrend, Analyst Predicts Further Declines Below $25

HYPE token price drops 5.34% in 24 hours, currently...

SOL Forms Inverse H&S $90 Pump Incoming?

SOL prints textbook inverse head & shoulders on daily...

LUNA Explodes Falling Wedge Breakout Delivers 25% Gains

LUNA confirms textbook falling wedge breakout on daily chart,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img