Scheduled Token Unlocks Next Week For Cardano (ADA), Galxe (GAL), Eigenlayer (EIGEN), Ethena (ENA), and Yield Guild Games (YGG)

These events are expected to impact the circulating supply and market value of these tokens.

Major cryptocurrency token unlocks are set to occur next week, involving Cardano (ADA), Galxe (GAL), Eigenlayer (EIGEN), Ethena (ENA), and Yield Guild Games (YGG), according to PANews. These events are likely to impact the circulating supply and market value of these tokens.

Cardano (ADA) is scheduled to unlock 18.53 million tokens on October 22 at 08:00 UTC+8. This batch of ADA tokens is valued at approximately $6.5 million and constitutes 0.05% of the currently circulating supply. At the same time, Galxe (GAL) will unlock around 587,000 tokens, which is 0.46% of the circulating supply and valued at approximately $1.2 million.

Eigenlayer (EIGEN) is set to unlock approximately 1.29 million tokens on October 23 at 03:00 UTC+8. This batch of EIGEN tokens accounts for 0.69% of the circulating supply and is valued at about $4.8 million. Later that day, Ethena (ENA) will unlock around 12.86 million tokens at 15:00 UTC+8, representing 0.47% of the circulating supply and valued at approximately $5.1 million.

Finally, Yield Guild Games (YGG) is scheduled to unlock approximately 14.08 million tokens on October 27 at 22:00 UTC+8. This batch of YGG tokens constitutes 3.64% of the circulating supply and is valued at around $8 million.