$484M in Token Unlocks This Week: Market Braces for Volatility

The crypto market is gearing up for a potentially turbulent week as over $484 million in token unlocks are scheduled between June 30 and July 7. That’s nearly double the value of last week’s unlocks, which totaled just over $250 million. The sharp increase could introduce significant volatility, particularly among lower-cap tokens that are more sensitive to sudden changes in supply.

Major One-Time Unlocks to Watch

Several tokens are preparing for large, one-time unlocks—with SUI, ENA, OP, KNMO, ZETA, and NEON each releasing over $5 million in tokens into circulation.

• SUI leads the pack with a $125.39 million unlock, representing 1.29% of its total supply.
• ENA and KNMO follow, unlocking $58.12 million and $14.01 million, respectively. KNMO’s unlock stands out as it represents a notable 10.41% of its total supply.
• NEON will release 22.51% of its supply—the highest percentage unlock this week—though its dollar value is lower at $5.52 million.
• OP and ZETA will also each see more than $5 million in new tokens hitting the market.

These large unlocks could prompt selling pressure, especially if holders move to realize gains or if market sentiment wavers.

Daily Unlocks from Major Projects

In addition to the big one-offs, several large-cap tokens will undergo daily unlocks exceeding $1 million, potentially creating a sustained drag on prices.

• SOL is set to release around $70 million in tokens—though this is just 0.09% of its total supply, minimizing its immediate impact.
• WLD, TRUMP, and TAO will release $34M, $31M, and $17M, respectively—figures significant enough to warrant attention.
• Other notable daily unlocks include:
  • DOGE: $16 million
  • TIA: $10.4 million
  • AVAX: $12.9 million
  • SUI (again): $9.5 million

Smaller-Cap Tokens: Higher Risk, Bigger Swings

While large-cap tokens may absorb unlocks with minimal impact, smaller tokens could see outsized reactions due to the larger percentage of supply being unlocked.

• MORPHO, ETHFI, and SEI are each unlocking around 2% of their total supply—an amount that could lead to sharp price movements given their smaller market caps and thinner liquidity.

Last week’s unlock cycle included some massive releases from tokens like BLAST (55% of supply), ACX (80%), and SOON (21%), triggering noticeable price declines in some cases. Those effects may spill over into this week as market participants remain cautious.

Market Outlook: Choppy Waters Ahead

The coming week’s unlock schedule is one of the heaviest in recent months, both in terms of dollar value and percentage of supply released. While major tokens may weather the storm more easily, small and mid-cap tokens face heightened risk, especially if traders move quickly to offload unlocked tokens.

Traders and investors should keep a close eye on the unlock calendar and prepare for increased volatility, particularly around key unlock dates and high-percentage releases.

June 2025, Cryptoniteuae