Over $625 Million Worth of Tokens Are Scheduled to Unlock Between April 28 and May 5

Over $625 million worth of tokens are set to be released between April 28 and May 5. According to data from Tokenomist, the upcoming unlocks include

Over $625 million worth of tokens are set to be released between April 28 and May 5, according to data from Tokenomist. The upcoming unlocks include both cliff-style events and linear unlocks. SUI will lead the cliff-style unlocks with 74 million tokens worth $262.88 million entering circulation. On the other hand, Solana tops the linear unlocks with 465,770 SOL valued at $67.61 million.

SUI to unlock $262.9 million worth of tokens

SUI will be leading the upcoming cliff-style token unlocks with 74 million tokens valued at $262.88 million scheduled for release between April 28 and May 5. This unlock represents 2.27% of SUI’s unlock supply. This makes it the largest token unlock by value during this period.

Following SUI is OMNI, with 15.98 million tokens worth $40.43 million set to be released. The OMNI unlock represents 153.77% of the unlock supply.

Several other tokens like OP will see 31.34 million tokens worth $24.22 million unlocked (2.06% of unlock supply), while KMNO will release 229.17 million tokens valued at $14.30 million (13.10% of unlock supply).

ENA and ZETA will unlock tokens worth $13.95 million and $11.10 million, respectively. These represent 0.74% and 0.13% of their unlock supplies. REZ will see a substantial 527.60 million tokens worth $7.35 million unlocked, which accounts for 24.54% of its unlock supply.

Rounding out the major cliff unlocks are MEME with 3.45 billion tokens worth $7.16 million (7.71% of unlock supply), DYDX with 8.33 million tokens valued at $5.33 million (1.23% of unlock supply), GUNZ with 83.33 million tokens worth $5.18 million (11.83% of unlock supply), and IOTA with 23.78 million tokens also valued at $5.18 million (0.68% of unlock supply).

Combined, these cliff-style unlocks will release tokens valued at approximately $397 million into the market. This accounts for about 63% of the total value of all tokens being unlocked during the April 28 to May 5 period.

Solana leads in large linear token unlocks

Solana (SOL) tops the list of tokens that will be unlocked, with 465,770 SOL tokens valued at $67.61 million to be unlocked between April 28 and May 5. Although the amount in terms of money is large, the unlock accounts for just 0.09% of Solana’s supply.

TRUMP token boasts the second-largest unlock with 3.45 million tokens valued at $49.33 million to be released. This is 1.73% of TRUMP’s total supply. Worldcoin (WLD) comes third with 37.23 million tokens valued at $40.69 million to be released. This is 2.84% of WLD’s total supply.

A few other significant linear unlocks include TIA (6.96 million tokens, $19.49 million, 1.13% of supply), TAO (50.40K tokens, $17.49 million, 0.59% of supply), and Dogecoin (DOGE) at 96.52 million tokens worth $17.09 million (0.06% of supply).

Avalanche (AVAX) will have 700,000 tokens released, which will total $14.80 million. SUI is found in both groups and will have 3.35 million tokens released over time, totaling $11.45 million (0.12% of its total supply).

The other tokens with significant linear unlocks are Polkadot (DOT) with 2.30 million tokens valued at $9.28 million (0.15% supply), IP with 2.32 million tokens valued at $8.77 million (0.90% supply), MORPHO with 6.80 million tokens valued at $8.09 million (2.85% supply), NEAR with 2.97 million tokens valued at $7.24 million (0.25% supply),