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.
Eddie is a gaming and crypto writer at CCN. Covering the often weird and wonderful world of Web3 with an adoring, but skeptical eye.
Prior to CCN, Eddie has spent the past seven years working his way through the crypto, finance, and technology industry. He began with PR and journalism with Bitcoin PR Buzz and BitcoinNews.com, eventually working his way to become a copywriter with a dozen firms, including the likes of Polkadot before returning to journalism in 2023.
Having studied Radio production and journalism at University in the UK, Eddie spent a few years making podcasts and presenting on a local London radio station as he built up his writing chops.
A lifelong skateboarder, Eddie can often be found at the skatepark or touring the streets looking for something new to try. That, or kicking back playing JRPGs on his original PSP.
