5 Token Unlocks to Watch Next Week

Source Beincrypto

Token unlocks release previously restricted tokens tied to fundraising agreements. Projects schedule these events strategically to limit market pressure and stabilize prices.

Here are five large token unlocks scheduled for next week.

Starknet (STRK)

  • Unlock date: January 15
  • Number of tokens unlocked: 64 million STRK
  • Current circulating supply: 2.41 billion STRK

Starknet is building a ZK-Rollup Layer-2 solution to enhance the scalability of decentralized applications on Ethereum. After completing a successful funding round, the team launched the STRK token, a key element in decentralizing the network.

On January 15, the project will unlock 64 million STRK tokens, allocating them to investors and early contributors.

STRK unlockSTRK Unlock. Source: Tokenomist

Sei (SEI)

  • Unlock date: January 15
  • Number of tokens unlocked: 55.56 million SEI
  • Current circulating supply: 4.20 billion SEI

SEI is a blockchain platform designed to provide high-performance infrastructure for decentralized finance (DeFi) and other decentralized applications (dApps). Built on the Cosmos SDK, SEI operates as a Layer-1 blockchain with a strong focus on speed, scalability, and user-centric features.

On January 15, the project is set to release over 55 million SEI tokens allocated to its team members.

SEI unlockSEI Unlock. Source: Tokenomist

Arbitrum (ARB)

  • Unlock date: January 16
  • Number of tokens unlocked: 92.65 million ARB
  • Current circulating supply: 4.21 billion ARB

Arbitrum, developed by Offchain Labs, is a leading Layer-2 solution for Ethereum. Launched in August 2021, it has backing from Lightspeed Venture Partners, Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Mark Cuban, and Coinbase.

Next week, Arbitrum will unlock 92.65 million ARB tokens, worth approximately $68 million. These tokens are allocated to the team, advisors, and investors, marking a significant event for the ecosystem.

ARB unlockARB Unlock. Source: Tokenomist

Apecoin (APE)

  • Unlock date: January 17
  • Number of tokens unlocked: 15.60 million APE
  • Current circulating supply: 721.44 million APE

ApeCoin, the token for Yuga Labs’ Ape ecosystem, will release over 15 million tokens on January 17. These tokens will go to the treasury, founders, team, and contributors.

In the past, APE’s price has fallen after large token releases. However, with growing interest in NFTs, the price drop might not be as severe this time. Investors and traders should watch this event closely, as it could have a big impact on the token’s price.

APE unlockAPE Unlock. Source: Tokenomist

Ondo (ONDO)

  • Unlock date: January 18
  • Number of tokens unlocked: 1.94 billion ONDO
  • Current circulating supply: 1.44 billion ONDO

Ondo Finance, a real-world asset (RWA) project, plans a major token unlock on January 18. The release, valued at $2.42 billion, represents 134.21% of its circulating supply. The tokens will be allocated for private sale participants, ecosystem growth, and protocol development.

ONDO unlockONDO Unlock. Source: Tokenomist

Next week’s cliff token unlocks will also include Eigen Layer (EIGEN), Ethena (ENA), and Echelon Prime (PRIME), among others, with a total combined value exceeding $2.8 billion.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
USD/JPY Price Forecast: Continues to hold key support level around 152.00The USD/JPY pair trades 0.27% higher to near 153.70 during the European trading session on Wednesday.
Author  FXStreet
9 hours ago
The USD/JPY pair trades 0.27% higher to near 153.70 during the European trading session on Wednesday.
placeholder
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face downside risk as bears regain control Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remain under pressure on Wednesday, with the broader trend still sideways. BTC is edging below $68,000, nearing the lower consolidating boundary, while ETH and XRP also declined slightly, approaching their key supports.
Author  FXStreet
13 hours ago
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remain under pressure on Wednesday, with the broader trend still sideways. BTC is edging below $68,000, nearing the lower consolidating boundary, while ETH and XRP also declined slightly, approaching their key supports.
placeholder
Gold declines to near $4,850 as low liquidity, easing tensions weigh on demandGold price (XAU/USD) attracts some sellers to around $4,860 during the early Asian trading hours on Wednesday. The precious metal falls amid thin holiday trading, with much of Asia closed for the Lunar New Year.
Author  FXStreet
16 hours ago
Gold price (XAU/USD) attracts some sellers to around $4,860 during the early Asian trading hours on Wednesday. The precious metal falls amid thin holiday trading, with much of Asia closed for the Lunar New Year.
placeholder
EUR/USD Forecast: Euro weakens as risk mood soursEUR/USD struggles to find a foothold and trades at a fresh weekly low below 1.1850 after closing in negative territory on Monday. In the absence of high-impact data releases, the risk-averse market atmosphere could make it difficult for the pair to stage a rebound.
Author  FXStreet
Yesterday 08: 55
EUR/USD struggles to find a foothold and trades at a fresh weekly low below 1.1850 after closing in negative territory on Monday. In the absence of high-impact data releases, the risk-averse market atmosphere could make it difficult for the pair to stage a rebound.
placeholder
Gold weakens as USD uptick and risk-on mood dominate ahead of FOMC MinutesGold (XAU/USD) attracts some follow-through selling for the second straight day and slides to the $4,922 area during the Asian session on Tuesday amid thin liquidity on the back of the Lunar New Year holidays in China.
Author  FXStreet
Yesterday 05: 58
Gold (XAU/USD) attracts some follow-through selling for the second straight day and slides to the $4,922 area during the Asian session on Tuesday amid thin liquidity on the back of the Lunar New Year holidays in China.
goTop
quote