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Fasttoken (FNT) and Aptos (APT) lead $653 million token unlock this week

In this post:

  • Fasttoken (FTN) and Aptos (APT) lead major token unlocks this week.
  • Total unlock value exceeds $653 million across multiple cryptocurrencies.
  • Unlocks may create supply pressure and impact the respective tokens.

Fasttoken and Aptos lead a massive $653 million token unlock fleet scheduled for this week.

Major single unlocks include FTN, APT, ARB, AVAX, SEI, STRK, LAYEY, CYBER, and ZK tokens. Linear daily unlocks feature SOL, WLD, TIA, DOGE, TAO as per Tokenomist data.

Major single token unlocks release billions in supply

Fasttoken tops the single unlock list with 20 million FTN tokens worth $91.80 million. This release accounts for 2.13% of the total unlock supply scheduled for the period. Aptos follows with 11.31 million APT tokens valued at $53.72 million, making up 2.25% of unlock supply.

During the week, Arbitrum intends to issue 92.65 million ARB tokens, valued at $43.91 million. 2.08% of the layer-2 scaling solution’s circulating supply is impacted by this unlock. 1.67 million AVAX tokens, worth $40.15 million, are added to the market by Avalanche.

Fasttoken (FNT) and Aptos (APT) lead $653 million token unlock this week.

Starknet distributes 127 million STRK tokens for $17.60 million, while SEI provides 55.56 million tokens worth $18.13 million. Solayer increases the number of LAYEY tokens in circulation by 27.02 million, valued at $17.44 million. While zkSync releases 173.08 million ZK tokens for $10.31 million, Cyber unlocks 5.33 million tokens worth $10.55 million.

These single unlocks create immediate supply pressure on the respective token markets. The combined value of major single unlocks exceeds $300 million across nine different projects.

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Solana to unlock 465.77k SOL

Solana leads the linear unlock category with 465.77K SOL tokens worth $93.18 million being released gradually. This daily unlock affects 0.09% of the circulating supply on an ongoing basis. Trump token follows with 4.89 million tokens valued at $45.92 million, impacting 2.45% of circulation.

Worldcoin is releasing 37.23 million WLD tokens worth $40.50 million throughout the week. The unlock affects 2.03% of the total circulating supply for the project. Bittensor is adding 50.40K TAO tokens valued at $19.87 million, representing 0.54% of supply.

Dogecoin to add $22.09 million, or 95.49 million DOGE coins, to the linear unlock timetable. Only 0.06% of the supply of DOGE in circulation is impacted by this unlock. 6.96 million TIA tokens worth $14.91 million are unlocked by Celestia.

Avalanche appears in both categories with 700K AVAX tokens worth $16.86 million in linear releases. Sui is adding 3.01 million SUI tokens valued at $11.81 million while Morpho is releasing 6.96 million tokens worth $15.23 million.

Additional linear unlocks include 8.46 million ETHFI tokens worth $10.83 million, and 2.30 million DOT tokens valued at $9.41 million. SEI is contributing 26.97 million tokens worth $8.02 million while IP is releasing 2.32 million tokens valued at $15.89 million.

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Jito to add 4.20 million JTO tokens worth $8.11 million and NEAR to unlock 2.97 million tokens valued at $8.24 million. ENS rounds out the list with 307.7K tokens worth $9.24 million.

Smaller projects show varying unlock progress stages

According to CoinMarketCap data, Redacted leads the smaller unlock category with a current price of $0.008868 and 11.19% daily gains. The project maintains a $1.25 million market cap with 126.61 million RDAC tokens in circulation. Unlock progress sits at 17.02% with the next release of 22.39 million RDAC tokens scheduled.

Dappad shows no current price data but holds 232.49 million APPA tokens in circulation. The project has reached 57.35% unlock progress with 18.63 million APPA tokens set for the next release. This accounts for 2.14% of the total locked supply.

GameGPT maintains 8.39 billion DUEL tokens in circulation with 64.02% unlock progress completed. The next unlock will release 107.1 million DUEL tokens.

Boba Network circulation includes 171.62 million BOBA tokens. Data shows that 91% unlock progress has been achieved. The next release brings 22.5 million BOBA tokens to market.

Mar3 AI maintains 228.8 million MAR3 tokens in circulation. Unlock progress reaches 58.33% with 37.2 million MAR3 tokens scheduled for the next release. TRIO holds 2.79 million TRIO tokens with 40.82% unlock progress.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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