SUI and Ethena (ENA) lead $773 million token unlocks this week
The post SUI and Ethena (ENA) lead $773 million token unlocks this week appeared on BitcoinEthereumNews.com.
The crypto market faces over $773 million in token unlocks over the next seven days, with SUI and Ethena (ENA) leading the release schedule. According to Tokenomist data, nine projects, including SUI, ENA, EIGEN, OP, and IMX, have major one-time cliff unlocks exceeding $5 million coming up during the week. SUI leads $443M cliff unlock schedule SUI‘s scheduled cliff unlock of 44 million tokens worth $143.86 million is due for release between September 29 and October 6. This unlock of the Layer 1 blockchain constitutes 1.23% of the aggregate unlock supply. Ethena maintains the second-highest cliff unlock valued at $126.78 million, releasing 212.5 million ENA tokens, which accounts for 3.24% of the unlock supply. EIGEN unlocks tokens worth $68.59 million, releasing 36.82 million tokens, the greatest percentage being the highest among projects, standing at 13.77% of unlock supply. Major token unlocks scheduled for the week. Source: Tokenomist Optimism comes next with 31.34 million OP tokens that amount to $21.33 million (1.74% of supply). IMX unlocks 24.52 million tokens that amount to $19.45 million, representing 1.26% of the gaming-focused blockchain supply. BIGTIME takes the top spot among percentage-based drops with 333.33 million tokens ($16.07 million) taking up 20.01% of unlock supply. KMNO drops 229.17 million tokens valued at $15.57 million (6.37% of unlock supply), while ZETA unlocks 44.26 million tokens valued at $7.41 million (4.33%). REZ completes significant cliff drops with 423.70 million tokens valued at $5.07 million, making up 9.64% of supply. Solana dominates $330M linear unlock schedule Solana leads the linear unlock schedule with 499,470 SOL tokens valued at $104.88 million, releasing continuously over the seven-day period. The unlock is just 0.09% of the circulating supply. Daily releases of approximately 71,353 SOL provide a steady supply expansion without hefty single-day selling events. Worldcoin follows with 37.23 million WLD tokens…
