Polyhedra Network (ZKJ) - May 19

When a large number of previously locked tokens are released into circulation, it can trigger selling pressure and increase market volatility.

Several significant token unlocks are scheduled to take place next week (May 19-25), which could affect market prices and investor sentiment.

When a large number of previously locked tokens are released into circulation, it can trigger selling pressure and increase market volatility.

Traders, especially long-term investors, are advised to closely monitor this key opening to assess possible price movements and market dynamics.

Polyhedra Network (ZKJ) – May 19

Polyhedra Network (ZKJ) - May 19

On May 19, Polyhedra Network will unlock 15.5 million ZKJ tokens, which amounts to about $33 million at current prices.

While not as large as the PYTH token unlock, this is still a significant supply event for this relatively new project, which launched its mainnet in December 2024.

The May 19 unlock includes a well-diversified distribution across various strategic categories.

The largest allocation, 2.65% or approximately 8.47 million tokens, is designated for Ecosystem and Network Incentives to support the long-term utility of the protocol as well as user participation.

Community, Airdrop, and Marketing initiatives will receive 1.74% or approximately 2.61 million tokens to drive brand growth and user engagement.

Meanwhile, Foundation Reserves will increase by 2.41% (approximately 3.61 million tokens), as a measure to ensure the sustainability of the project.

Notably, token buyers before the TGE (Token Generation Event) will unlock 4% or approximately 800,000 tokens. This could be a short-term risk factor if early investors choose to realize profits.

This new token issuance could potentially encourage early backers and internal parties to sell their tokens, which could put downward pressure on the price.

ZKJ has attracted attention for its zero-knowledge proof (ZK-proof) infrastructure that supports Web3 interoperability, and this unlock will be a test of market confidence in the long-term value of the project.

Short-term holders are advised to be cautious, as this kind of unlocking may cause temporary price instability.

Saros (SAROS) – May 19

RIGH

Saros is set to unlock 213.93 million SAROS tokens on May 19, which equates to about 8.15% of the total outstanding supply.

These unlockings, with a total value of about $28 million, will bring considerable liquidity to the market and have the potential to significantly influence price movements in the short term.

The token distribution includes allocations for Core Contributors and Ecosystem Growth, amounting to 54.06 million and 40.54 million tokens respectively.

SAROS is likely to face increased selling activity, depending on investor sentiment and the depth of market liquidity.

This project is part of the Solana ecosystem, which has recently seen increased interest. The strength of the ecosystem as a whole may help cushion the impact of this unlocking.

However, volatility is expected to increase ahead of and shortly after the unlock date.

Pyth Network (PYTH) – May 20th

Pyth Network (Pyth) - May 20th

Pyth Network (PYTH) is scheduled to conduct a large token unlock on May 20, totaling 2.13 billion PYTH tokens—equivalent to about 58.3% of the current circulating supply.

This major unlocking, valued at over $330 million, is expected to greatly affect the market dynamics of the PYTH token.

The token distribution reflects the project’s growth plans and covers several strategic areas:

* 8.63% allocated for token sales will unlock, delivering liquidity to early backers.

* 30% of the tokens are held by the Pyth core team and contributors, recognizing their integral role in the project’s development.

* 40% of the tokens are used for ecosystem growth and community initiatives, showcasing the project’s commitment to broader adoption and user engagement.

* 20% of the tokens are reserved for future use by the Pyth Foundation, ensuring the long-term sustainability and resilience of the project.

This unlocking carries significant market risks as it is one of the biggest to occur in 2025 so far.

With such a large amount of tokens entering the market, there could be massive selling pressure, especially if demand for the token is limited.

Traders and investors need to be prepared for high volatility during this period.

Historically, key openings of this magnitude often lead to price corrections, unless there is a positive catalyst strong enough to stabilize the market.

Subsquid (SQD) – May 25th

Subsquid will unlock about 38.1 million SQD tokens on May 25, which represents about 2.86% of the total supply and is worth about $10.2 million.

This unlocking is part of the project’s vesting schedule