More than $500 million worth of crypto tokens will be unlocked between July 21 and 28, potentially pressuring prices and reshaping short-term market dynamics.
High-Impact Unlocks Include SOL, TRUMP, WLD, and DOGE
Among the largest token unlocks this week, Solana (SOL) tops the list with $85 million worth of tokens set to be released.
TRUMP follows with a $52.3 million unlock, while Worldcoin (WLD) and TAO will each see over $45 million in tokens unlocked.
Token unlocks scheduled for this week | Source: Tokenomist
Dogecoin (DOGE) is also unlocking nearly $25 million, and Avalanche (AVAX) will release between $14 million and $17 million worth of tokens.
While many of these unlocks account for less than 2% of their respective circulating supplies, they can still introduce significant volatility, especially for tokens with lower liquidity or speculative market narratives.
AVAIL, ALT, and SOON Face Heavy Dilution Risks
While some unlocks are significant in dollar terms but minimal in their impact on supply, others carry the potential to dramatically shift tokenomics.
Avail (AVAIL) stands out this week, with 58% of its total supply, worth $19.23 million, set to unlock. It represents the most substantial dilution risk currently on the radar.
ALT is next in line with a 6.4% unlock valued at $8.93 million, while SOON is releasing 18% of its supply, totaling $6.2 million.
Meanwhile, smaller-cap tokens like Sahara and Venom will see between 2% and 4% of their supply enter the market.
Other projects including ETHFI, MORPHO, TIA, and ENS will unlock between $8 million and $15 million, potentially shifting sentiment in their respective communities, especially in the short term.
Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors.
Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
