Solana

Arbitrum

Aptos

Worldcoin

Strike

Major token unlocks, according to schedule in the period between November 11 and November 18, are expected to be worth over $746 million.
According to data from <a href="https://tokenomist.ai/" target="_blank" rel="noopener noreferrer nofollow">Tokenomist</a>, Aptos (APT) leads cliff-based unlocks while Solana (SOL) accounts for a major portion of linear unlocks this week.
<h3 id="span-style-font-weight-400-aptos-leads-cliff-token-unlocks-span">Aptos leads cliff token unlocks</h3>
Per data, Aptos (APT) leads upcoming cliff token unlocks scheduled between November 11 and November 18 with an unlock of 11.31 million tokens valued at $128.37 million. This represents 2.17% of its circulating supply.
Arbitrum (ARB) follows in the second spot. It will unlock 96 million tokens worth $62.16 million, which accounts for 2.41% of its supply.
Avalanche (AVAX) is another major unlock on this week’s schedule, with 1.67M tokens valued at $53.94 million. AVAX’s unlock represents just 0.41% of its circulating supply.
Strike (STRK) and ZKJ also make the list with unlocks of $30.11 million and $21.85 million tokens, respectively. ZKJ is releasing 29.90% of its circulating supply – the highest percentage among all scheduled unlocks.
<h3 id="span-style-font-weight-400-solana-leads-linear-token-unlocks-span">Solana leads linear token unlocks</h3>
Solana is responsible for a sizeable chunk of this week’s linear unlock schedule with 524.03K tokens, valued at $110.25 million. Despite the high dollar value, this represents only 0.11% of SOL’s circulating supply, suggesting minimal direct market impact.
Worldcoin (WLD) is another notable fixture in the linear unlocks list, with 37.23 million tokens valued at $84.13 million. This unlock represents 5.89% of WLD’s circulating supply, making it one of the larger proportional releases in this category.
The varying sizes and proportions of these unlocks could have varying market implications for different projects. The most substantial proportional unlocks include, ZKJ and CYBER. ZKJ’s 29.90% supply increase is the most notable for market participants. This is because a major increase in circulating supply could impact price dynamics. Similarly, CYBER’s 12.82% unlock represents another notable supply expansion.
Lower-impact unlocks include ADA’s 0.05% supply increase and DOGE’s 0.06%, despite the latter’s unlock being valued at $27.73 million.
Several projects are employing different approaches to token unlocks. Some opt for larger cliff-based releases, while others prefer gradual linear distributions to potentially minimize market impact. The data shows a trend toward smaller percentage releases relative to total supply, particularly among more established projects.

Aptos (APT) leads token unlocks with $746 million as Solana (SOL) tops linear unlocks

Table of Contents

Cryptopolitan_News

Other articles published on Nov 11, 2024

“Where Will Bitcoin Peak?” People Asked When BTC Was $290

BREAKING: Binance Labs Announces New Cryptocurrency Project Invested in as the Market Rises

Best 5 Cryptos to Buy Right Now: Your Ultimate 2024 Guide

Bitcoin hits new $85K high, with just 17% left for BTC $100K record

Cardano (ADA) Price to Soar 1000% and Cross $3: Here’s When Rexas Finance (RXS) Below $0.20 to Hi...

Immutable announces in-game signing feature for Web3 gaming

Join our free newsletter for daily crypto updates!