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
Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?As of the European session on August 7, gold prices ( XAUUSD) extended their recent strong performance, rising over 1% intraday to briefly cross the $4,300 mark. With a cumulative gain of
Author  TradingKey
12 hours ago
As of the European session on August 7, gold prices ( XAUUSD) extended their recent strong performance, rising over 1% intraday to briefly cross the $4,300 mark. With a cumulative gain of
placeholder
NFP or Iran: Which factor will break the US Dollar Index out of its consolidation?The US Dollar Index (DXY) trades around 99.95 at the time of writing on Friday, virtually unchanged on the day, as investors refrain from placing aggressive bets ahead of the release of the July US employment report.
Author  FXStreet
12 hours ago
The US Dollar Index (DXY) trades around 99.95 at the time of writing on Friday, virtually unchanged on the day, as investors refrain from placing aggressive bets ahead of the release of the July US employment report.
placeholder
WTI holds firm near $77.50 as escalating Middle East tensions threaten oil supply routesWest Texas Intermediate (WTI) oil price remains steady after registering modest gains in the previous day, trading around $77.50 per barrel during the Asian hours on Friday.
Author  FXStreet
20 hours ago
West Texas Intermediate (WTI) oil price remains steady after registering modest gains in the previous day, trading around $77.50 per barrel during the Asian hours on Friday.
placeholder
Bitcoin Price Forecast: Persistent ETF inflows, easing Middle East tensions lift risk appetiteBitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
Author  FXStreet
Yesterday 10: 09
Bitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.
placeholder
Australian Dollar remains calm following Trade Balance dataAUD/USD steadies after two days of gains, trading around 0.7060 during the Asian hours on Thursday. The pair moves little as the Australian Dollar (AUD) remains silent following the release of domestic Trade Balance data.
Author  FXStreet
Yesterday 02: 09
AUD/USD steadies after two days of gains, trading around 0.7060 during the Asian hours on Thursday. The pair moves little as the Australian Dollar (AUD) remains silent following the release of domestic Trade Balance data.
goTop
quote