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Solana, Worldcoin, Ethena and More Face $1.3B Token Unlock Wave This Week

Published
Eddie Mitchell
Published
By Eddie Mitchell
Edited by Insha Zia
Key Takeaways
  • Ethena will unlock $855 million via a cliff unlock on March 5.
  • Cliff unlocks instantly drop tokens onto the market; Linear unlocks happen gradually over time.
  • Solana unlocked 11.2 million tokens worth $1.8 billion over the weekend.

The crypto markets are set for another week of altcoin unlocks following a notable period of volatility and outflows from investors.

This week, Ethena (ENA), Solana (SOL), and Worldcoin (WLD) are at the top of the unlocks leaders, as an estimated $1.3 billion worth of altcoins is scheduled to hit the market.

Upcoming Cliff Unlocks

According to data from Tokenomist (formerly TokenUnlocks), approximately $1 billion worth of altcoins will hit the market through cliff unlocks between March 3 and March 10, 2025.

Ethena leads the way, with a massive 2.07 billion token unlock worth $855.75 million scheduled for March 5. This marks ENA’s largest unlock since April 2024, when it released 1.43 billion tokens.

Movement will unlock 50 million MOVE tokens worth $23.82 million (2.08% of its circulating supply) on March 9. Close behind is Staika (STIK), which will release 1.57 million tokens worth $8.32 million on March 4.

On March 7, Kaspa will unlock 162.35 million KAS valued at $13.87 million, while Neon (NEON) will release 52.91 million tokens (22.51% of its circulating supply) worth $8.8 million.

Finally, IOTA will unlock 8.63 million IOTA worth $2.04 million on March 4.

Upcoming Linear Token Unlocks

After its massive 11.2 million SOL ($1.8 billion) cliff unlocks over the weekend, Solana will see another 465,770 SOL—worth roughly $76 million—gradually released into the market.

Worldcoin is set to unlock 37.23 million WLD, valued at $45.1 million, over the coming week. Celestia (TIA) will follow, releasing 6.99 million tokens worth nearly $27 million in the same period.

Other notable linear unlocks include Dogecoin (DOGE), which will release 96.52 million tokens worth $21.1 million, and MANTRA (OM), which will release 2.65 million tokens worth just under $20 million.

Smaller unlocks include Bittensor (TAO), with 50,500 tokens valued at $16.6 million, Avalanche (AVAX), with 700,000 tokens worth $16.5 million, and Sui (SUI), which will drop 3.72 million tokens injecting an additional $11 million into the market.

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Eddie, a seven-year crypto journalist now at CCN, explores the broader implications of stories, crypto oddities, blending skepticism and admiration for blockchain’s global impact.
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