Daily unlocks in projects like RAIN and SOL could sway short-term market dynamics.
The cryptocurrency market anticipates a significant supply wave over the coming seven days, with more than $464 million worth of tokens set for release. This period, spanning January 26 to February 2, sees substantial one-time and linear token unlocks, highlighting both project-based supply increases and daily token circulation expansions. Such developments are critical as investors keenly monitor short-term price balances during this phase.
ContentsKey One-Time Token UnlocksSpotlight on Daily Supply IncreasesKey One-Time Token Unlocks
Data from Tokenomist highlights single-event token unlocks exceeding $5 million in value from several projects this week. SUI leads the list with a supply increase of 45.97 million tokens, equating to approximately $64.36 million, representing 1.21% of SUI’s adjusted supply. SIGN is also notable, planning to unlock 290 million tokens valued at around $11.61 million, accounting for 17.68% of its adjusted supply.
Other projects, including EIGEN, KMNO, JUP, and OP, expect millions of tokens to become available. EIGEN’s unlock consists of 36.82 million tokens valued at approximately $11.56 million, while KMNO plans a release of 229.17 million tokens worth $10.07 million. JUP and OP project token releases valued at $9.94 million and $8.97 million, respectively. Additional altcoins such as TREE, SAHARA, and ZORA are also on this release list.
These one-time unlocks are particularly significant in projects reaching high supply percentages, potentially increasing short-term price volatility. For instance, TREE’s token release constitutes nearly 39% of its adjusted supply, drawing substantial investor attention.
Spotlight on Daily Supply Increases
Linear or daily token unlocks are also prominently featured in this period’s market calendar. Tokenomist data notes projects like RAIN, SOL, RIVER, TRUMP, CC, WLD, DOGE, and AVAX having daily unlocks exceeding $1 million. RAIN is of particular interest, with 9.41 billion tokens and an approximate value of $89.86 million.
Despite SOL’s limited token release, its value is noteworthy at approximately $57.18 million, equating to 0.08% of the circulating supply. RIVER prepares to release 1.25 million tokens valued at around $88.23 million, comprising 6.38% of its market supply. TRUMP and CC are also planning substantial daily unlocks worth millions.
In higher market cap altcoins like DOGE and AVAX, the relatively low ratios suggest a limited price impact. Conversely, higher circulation ratios in other projects indicate that daily unlocks may influence market balances more sensitively.
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