Major Token Unlocks Set to Impact SUI, ENA, OP
The post Major Token Unlocks Set to Impact SUI, ENA, OP appeared on BitcoinEthereumNews.com.
Key Points: Major token unlocks for SUI, ENA, and OP scheduled next week. Unlocks contribute $484 million to market circulation. Potential for increased volatility and selling pressure. Upcoming token unlocks from July 28 to August 2 will see SUI, ENA, OP, and others releasing substantial volumes, potentially affecting market dynamics and liquidity. These token releases, worth hundreds of millions, could introduce volatility, impacting investor decisions and trading strategies in the short term. Potential Volatility in the Crypto Market Expected A significant schedule of token unlocks will see tokens from projects such as SUI, ENA, and OP reaching the market from July 28 to August 2, 2025. These unlocks involve millions of tokens, valued at up to hundreds of millions USD. Sui (SUI)’s unlock, scheduled for August 1, involves 44 million tokens. Ethena Labs and other parties have shown particular attention to this event, though no official statements have been issued by associated projects. The unlocks affect multiple sectors, including DeFi and Layer 1 projects. In total, these releases represent over $484 million, significantly increasing market liquidity. Such activity is often associated with short-term market volatility. Market participants are cautious about potential selling pressure and heightened volatility. However, no direct guidance has been issued by official project teams, leaving market participants to anticipate impacts through past experience. “We’re committed to transparency during these unlock phases to encourage healthy market dynamics.” — Jing Wang, Co-Founder, Optimism Foundation Market Data Overview Did you know? In prior unlock cycles, tokens such as SUI and ENA experienced temporary price volatility followed by stabilization, as market participants absorbed the increased supply. According to CoinMarketCap, Sui (SUI) trades at $4.31, with a market cap of $14.91 billion. SUI’s trading volume is $2.34 billion, marking a 32.09% increase. Recent trends show a 6.12% rise in the last 24…
Filed under: News - @ July 27, 2025 12:28 pm