Additional unlocks from OP, TREE, and ZORA could increase overall market supply pressure.
The crypto market will welcome tokens worth more than $464 million in the final week of January 2025. Major projects, including Sign (SIGN), Kamino (KMNO), and Jupiter (JUP), will release significant new token supplies.
These unlocks, worth millions, could introduce market volatility and influence short-term price movements. So, here’s a breakdown of what to watch.
1. Sign (SIGN)
* Unlock Date: January 28
* Number of Tokens to be Unlocked: 290 million SIGN
* Released Supply: 1.64 billion SIGN
* Total Supply: 10 billion SIGN
Sign is an omni-chain attestation protocol. It allows users and enterprises to create secure and verifiable attestations of claims or assertions.
On January 28, the team will unlock 290 million SIGN worth $11.61 million. The tokens account for 17.68% of the released supply.
The team will direct 150 million altcoins towards community incentives and 45 million to the ecosystem. Furthermore, the foundation will receive 95 million SIGN.
2. Kamino (KMNO)
* Unlock Date: January 30
* Number of Tokens to be Unlocked: 229.17 million KMNO
* Released Supply: 6.23 billion KMNO
* Total supply: 10 billion KMNO
Kamino Finance is a decentralized finance (DeFi) protocol on the Solana (SOL) blockchain that specializes in borrowing, lending, and liquidity provision.
On January 30, Kamino will unlock 229.17 million KMNO tokens. The tokens are valued at approximately $10.07 million and represent 3.68% of the released supply.
The team will distribute most of the unlocked tokens, 145.83 million KMNO, to key stakeholders and advisors. Additionally, Kamino will award 83.33 to core contributors.
3. Jupiter (JUP)
* Unlock Date: January 28
* Number of Tokens to be Unlocked: 53.47 million JUP
* Released Supply: 3.27 billion JUP
* Total supply: 7 billion JUP
Jupiter is a decentralized liquidity aggregator on the Solana blockchain. It optimizes trade routes across multiple decentralized exchanges (DEXs) to provide users with the best prices for token swaps with minimal slippage.
On January 28, Jupiter will unlock 53.47 million JUP tokens, valued at approximately $9.94 million, representing 1.7% of its released supply. This unlock follows a monthly cliff vesting schedule.
Jupiter has allocated the tokens primarily to the team (38.89 million JUP). Furthermore, Mercurial stakeholders will get 14.58 million JUP altcoins.
In addition to these three, Optimism (OP), Treehouse (TREE), and Zora (ZORA) will also experience new supply entering the market.
