Key Takeaways
As crypto investors navigate a positive mid-July environment, with Bitcoin (BTC) hitting a new record high and surpassing $120,000 for the first time, a massive wave of token unlocks will inject fresh liquidity into the market.
With dozens of projects to release locked assets over the coming week, market watchers are bracing for shifts in supply dynamics and renewed price discovery across emerging and high-profile tokens.
More than $1.57 billion worth of tokens is set to unlock this week across high-profile projects and emerging names.
The next few days could bring increased volatility for traders and token holders, especially in assets facing major cliff unlocks.
The most notable? TRUMP, which will release $865.8 million worth of tokens, roughly 45% of its total supply.
Other sizable cliff unlocks include CONX ($145.8 million), FTN ($89.8 million), and SEI ($18.5 million), with CLOUD set to unlock 58% of its entire supply, the largest in percentage terms.
Other significant percentage unlocks include DRB with 21%, SOLV with 14%, and ZRO with over 10%.
That’s not all. Daily linear unlocks from established names like Solana (SOL), Dogecoin (DOGE), and Worldcoin (WLD) are also stacking up.
SOL will see $75.9 million unlocked over the week, while DOGE adds $19.1 million to circulation, even if those represent just 0.1% of their supply.
Still, in a market this reactive, even small increases can create short-term pressure, especially if sentiment wavers.
Smaller tokens like ETHFI, SEI, and MORPHO are also worth watching, as unlocks ripple through the market.
While some investors may use the extra liquidity to enter, others are likely preparing to front-run or fade the move.
All of this unfolds as price discovery returns to the market—and some question whether this wave of unlocks could cool off what’s otherwise shaping up to be a hot July for crypto.