Key Takeaways
- This week, a wave of $500 million token unlocks may create short-term volatility across primary and mid-cap tokens.
- Solana tops the list with an $85 million unlock, followed by TRUMP, Worldcoin, and TAO.
- Unlocks in tokens like MORPHO, TIA, and ENS may drive outsized moves due to their lower market caps and liquidity profiles.
The crypto market is bracing for a fresh wave of token unlocks rolls this week.
More than $500 million worth of crypto tokens will be unlocked between July 21 and 28, potentially pressuring prices and reshaping short-term market dynamics.
High-Impact Unlocks Include SOL, TRUMP, WLD, and DOGE
Among the largest token unlocks this week, Solana (SOL) tops the list with $85 million worth of tokens set to be released.
TRUMP follows with a $52.3 million unlock, while Worldcoin (WLD) and TAO will each see over $45 million in tokens unlocked.
Dogecoin (DOGE) is also unlocking nearly $25 million, and Avalanche (AVAX) will release between $14 million and $17 million worth of tokens.
While many of these unlocks account for less than 2% of their respective circulating supplies, they can still introduce significant volatility, especially for tokens with lower liquidity or speculative market narratives.
AVAIL, ALT, and SOON Face Heavy Dilution Risks
While some unlocks are significant in dollar terms but minimal in their impact on supply, others carry the potential to dramatically shift tokenomics.
Avail (AVAIL) stands out this week, with 58% of its total supply, worth $19.23 million, set to unlock. It represents the most substantial dilution risk currently on the radar.
ALT is next in line with a 6.4% unlock valued at $8.93 million, while SOON is releasing 18% of its supply, totaling $6.2 million.
Meanwhile, smaller-cap tokens like Sahara and Venom will see between 2% and 4% of their supply enter the market.
Other projects including ETHFI, MORPHO, TIA, and ENS will unlock between $8 million and $15 million, potentially shifting sentiment in their respective communities, especially in the short term.
