Over $484 million in token unlocks this week: SUI, ENA, OP, SOL, AVAX, and DOGE are in focus

2025/06/30 13:58
  • Wu Blockchain reports that six altcoins with one-time tokens are expected to unlock more than $5 million each in the next seven days.
  • The total value of cliff and linear unlocked tokens exceeds $484 million.
  • Traders should be cautious as token unlocks frequently generate negative sentiment around prices.

This week, the crypto market braces for heightened volatility as over $484 million worth of tokens are set to be unlocked across major altcoins. According to Wu Blockchain, six altcoins with one-time tokens are expected to unlock more than $5 million each in the next seven days. Historically, token unlocks tend to trigger increased selling pressure, making it a crucial period for traders and investors to monitor closely.

Token unlocks could bring volatility in SUI, ENA, OP, and others

Wu Blockchain reports that six altcoins with one-time token unlock (cliff unlocks) are worth more than $5 million each over the next seven days. The cliff unlock allows a certain number of tokens to be unlocked immediately after a specific vesting period. 

The list includes Sui (SUI), Ethena (ENA), Optimism (OP), Kamino (KNMO), ZetaChain (ZETA) and Neon (NEON). Neon and Kamino are unlocking tokens more than 10% of their circulating supply, while Sui, Optimism, ZetaChain and Ethena are unlocking tokens more than 1%. 

Typically, when a token unlocks accounts for over 1% of the cryptocurrency’s circulating supply, it will likely have a negative impact on the price. Therefore, traders should monitor these six assets for increased volatility this week, specifically Neon and Kamino, as they unlock more than 10%.

https://twitter.com/WuBlockchain/status/1939502031225639203

Moreover, the large token linear (daily unlock amounts to over $1 million) unlocks this week include Solana (SOL), Worldcoin (WLD), Official Trump (TRUMP), Bittensor (TAO), Dogecoin (DOGE), Celestia (TIA), Avalanche (AVAX), Sui (SUI), Morpho (MORPHO), Ether.fi(ETHFI), Polkadot (DOT), Sei (SEI), Story (IP), and Jito (JTO).

While an increase in a cryptocurrency’s circulating supply is typically bearish, planned unlock schedules may have a less significant impact as the trading community anticipates the unlock and likely positions itself accordingly.

However, traders should remain cautious as the increased supply from token unlocks frequently generates negative sentiment among investors, which can weigh down prices.


Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto ATM operator Bitcoin Depot revealed that 27,000 customer information was leaked last year

Crypto ATM operator Bitcoin Depot revealed that 27,000 customer information was leaked last year

PANews reported on July 10 that according to Cointelegraph, cryptocurrency ATM operator Bitcoin Depot disclosed a data breach on June 23, 2024, which resulted in the leakage of personal information
Share
PANews2025/07/10 14:17
Ripple CEO: Stablecoin Market Could Hit $2 Trillion in Coming Years

Ripple CEO: Stablecoin Market Could Hit $2 Trillion in Coming Years

Ripple CEO Brad Garlinghouse believes the stablecoin sector is poised for explosive growth, projecting the market could balloon from its current $250 billion capitalization to as much as $2 trillion in the near future. Key Takeaways: Ripple sees a $2 trillion stablecoin market as a realistic near-term outcome. RLUSD has surpassed $500 million in market cap, with BNY Mellon as its custodian. Ripple is pursuing a US banking license to deepen integration with traditional finance. Speaking on CNBC’s “Squawk Box” Wednesday , Garlinghouse described the expansion as “profound,” citing institutional momentum and evolving regulation as key drivers. Ripple entered the stablecoin space late, Garlinghouse noted, largely because the company had been leveraging third-party stablecoins in its enterprise payment flows. Ripple Bets on RLUSD to Compete in Stablecoin Race RLUSD, Ripple’s own USD-pegged stablecoin, has given the firm an opportunity to compete, thanks to its existing institutional base and focus on regulatory compliance. “Many people think it will reach $1 to $2 trillion in a handful of years,” Garlinghouse said, adding that Ripple is positioned to benefit from that trajectory. He also announced that BNY Mellon will act as custodian for RLUSD, which crossed the $500 million market cap milestone this week. Industry voices appear to echo Ripple’s optimism. Henrik Andersson, CIO at Apollo Capital, told Cointelegraph the projection aligns with their internal forecasts. “We are seeing fintechs, banks, social networks, and large retailers all launch their own stablecoins,” he said, pointing to growing competition and adoption across sectors. Andersson also highlighted the success of market leaders like Tether, which has turned its dominance into strong profitability. Looking ahead, he said the GENIUS Act , a bill that would give stablecoins legal tender status in the US, could be a major accelerant. The legislation passed the Senate in June and is expected to be enacted later this month. Nick Ruck, director at LVRG Research, added that a friendlier regulatory stance from the SEC could create favorable conditions for the stablecoin market to grow severalfold, possibly hitting the $2 trillion mark within a few years. ANNOUNCEMENT: BNY selected to serve as the primary reserve custodian of @Ripple ’s enterprise-grade stablecoin, Ripple USD ( #RLUSD ). #BNY and Ripple are jointly committed to paving the way for digital asset adoption at institutional scale and together are helping to bridge the… pic.twitter.com/RjyDyBj0Qk — BNY (@BNYglobal) July 9, 2025 Ripple is also tightening its ties to traditional finance. Earlier this month, the firm applied for a banking license with the Office of the Comptroller of the Currency (OCC) and a Federal Reserve Master Account. Garlinghouse said the move is aimed at building “bridges between traditional finance and DeFi.” Ripple’s RLUSD Gains Traction Meanwhile, RLUSD continues to gain traction , recently integrating with crypto payments provider Transak. RLUSD’s growing adoption comes against a background of the stablecoin reaching a $500 million market cap for the first time since it debuted trading less than seven months ago. XRP, Ripple’s cross-border payments token, has rallied 7% this week, trading at $2.42, its highest level in nearly two months. Stablecoins have emerged as one of crypto’s rare success stories, capturing the attention of corporations and regulators alike. Recent reports that Amazon, Walmart, and other major companies are exploring stablecoin payments sent ripples through traditional finance, briefly pushing stablecoin transaction volumes ahead of Visa’s in 2024. Frank Combay of Next Generation said regulatory clarity , especially Europe’s MiCA framework, has unlocked stablecoins’ growth potential by removing the biggest barrier: uncertainty. He believes stablecoin ecosystems can reduce transaction costs by over 90% and are becoming increasingly attractive to both consumers and corporations.
Share
CryptoNews2025/07/10 14:16