SUI leads $790 million token unlocks this week
The post SUI leads $790 million token unlocks this week appeared on BitcoinEthereumNews.com.
The large token unlocks scheduled for the week between January 27 and February 3 are valued at over $790 million, across multiple projects. According to data from Tokenomist, Sui (SUI) leads the cliff unlocks with $256.14 million worth of tokens, while Solana (SOL) heads the linear token unlocks, valued at $111.12 million. SUI leads large cliff token unlocks Sui (SUI) headlines the upcoming cliff unlocks with 64.19 million tokens worth $256.14 million scheduled for release, representing 2.13% of its circulating supply. The scale of this unlock makes it the largest by value among all scheduled releases for the period. Optimism (OP) follows with 31.34 million tokens valued at $45.45 million, adding 2.32% to its circulating supply. Coming to mid-sized projects, Zeta (ZETA) will release 44.26 million tokens worth $19.45 million. The upcoming release is the equivalent of 6.98% of its supply. Next, Sleepless AI (AI) plans to unlock 18.21 million tokens valued at $8.88 million, which is a 14.01% supply release. DYDX (DYDX) and Galxe (GAL) follow with a minimal release of tokens worth $9.02 million and $7.14 million, respectively. Solana and Worldcoin lead linear unlocks The linear unlock schedule shows Solana (SOL) leading in value, with 465,770 tokens worth $111.12 million set for release. Notably, the scheduled unlock represents just 0.10% of its circulating supply. Worldcoin (WLD) follows with 37.23 million tokens valued at $77.43 million, adding 3.92% to its supply, while Dogecoin (DOGE) plans to release 96.08 million tokens worth $31.63 million, impacting 0.07% of its supply. Mid-range protocols show varied unlock volumes. TIA Protocol (TIA) schedules 6.99 million tokens worth $31.94 million, affecting 1.39% of supply, while Avalanche (AVAX) prepares to release 700,000 tokens valued at $24.63 million. TAO Protocol (TAO) continues with 50,400 tokens worth $21.45 million, representing 0.61% of its supply. The remaining linear unlocks…
Filed under: News - @ January 27, 2025 1:23 pm