TL;DR
- Between April 28 and May 5, over $625 million in tokens will be unlocked, with SUI and SIGN leading the process.
- SUI will head the cliff unlocks with $272.30 million worth of tokens released, representing 2.3% of its total supply.
- Solana leads the linear unlocks with 465,770 SOL tokens unlocked, totaling $67.61 million.
More than $625 million worth of tokens are scheduled to be unlocked between April 28 and May 5, promising to move large amounts of capital in the cryptocurrency market. According to data from Tokenomist, these releases include both “cliff” unlock events and linear unlocks, marking an important stage in the evolution of several crypto projects.
SUI Leads the Cliff Unlocks
The SUI project tops the ranking of cliff unlocks with tokens valued at $272.30 million, representing the largest release this week. This unlock corresponds to 2.3% of SUI’s total supply, highlighting its significant influence on the market. After SUI, SIGN follows with a release valued at $97.59 million, corresponding to a staggering 98.1% of its unlockable supply.
OMNI also stands out, with an unlock of $41.39 million, representing 84.5% of its supply. These projects dominate this week’s cliff unlock scene, generating expectations about their potential impact on prices and market liquidity.
Other projects such as OP and KMNO will also carry out significant unlocks. OP will release 31.34 million tokens, amounting to $24.22 million, while KMNO will put 229.17 million tokens into circulation, valued at $14.30 million. Together, these cliff unlocks represent almost 63% of the total value of all tokens to be released during this period.
Solana Leads the Linear Unlocks
In terms of linear unlocks, Solana (SOL) stands out with a release of 465,770 tokens, valued at $67.61 million. Although this figure is high in absolute terms, it represents only 0.09% of Solana’s total supply. This small proportion of tokens unlocked may seem modest, but the total value of the release and the liquidity it could bring to the market should not be underestimated.
Other notable projects in this field include TRUMP, with 3.45 million tokens worth $49.33 million, and Worldcoin (WLD), which will unlock 37.23 million tokens valued at $40.69 million. Even though the percentages of unlocked supply in these cases are low, the impact on the market is considerable.
This massive token release process reflects a critical stage for many of these projects, as they face market pressure from the entry of new tokens.
